Sign in Subscribe

Equities

"Magnificent 7" Companies Expected to Drive S&P 500 Q3 Earnings Growth

The "Magnificent 7" tech giants continue to exert their dominance over the S&P 500, with four of these companies projected to rank among the top 10 contributors to earnings growth for the third quarter of 2024, according to a note published by FactSet on Monday. NVIDIA

Chinese Think Tank Floats $280 Billion Stock Market Stabilization Fund

A prominent Chinese policy think tank has recommended the establishment of a massive 2 trillion yuan ($280 billion) stock market stabilization fund to be financed by special treasury bonds, reports Reuters. The proposal, outlined in a quarterly economic report by the Institute of Finance & Banking, affiliated with the prestigious

Investors Shun China in Emerging Markets, Embrace 'Ex China' Funds

A growing wave of investors are turning their backs on China within the emerging markets landscape, opting for funds that exclude the world's second-largest economy, reports the Financial Times. This shift, fueled by concerns over escalating geopolitical tensions and the potential for sanctions, marks a significant change in

Goldman Sachs Cools on Indian Stocks, Citing Slowing Growth

Goldman Sachs downgraded its outlook on Indian equities to neutral from overweight on Tuesday, signaling growing concern over the impact of slowing economic growth on corporate earnings, reports Bloomberg. The move, outlined in a note by strategists including Sunil Koul, marks a shift from the firm's optimistic stance

US Equities Supported by No-Landing Economy: UBS

The US economy is headed for a "no landing" scenario, characterized by controlled inflation and sustained growth, according to a note published by UBS on Friday. This outlook has prompted the Swiss bank to upgrade US equities to "Attractive" and predict double-digit returns for the S&

Tech Volatility Presents Buying Opportunity for Long-Term AI Investors, Says UBS

The technology sector, particularly AI-related stocks, experienced a volatile start to the week, with the Nasdaq Composite falling on Monday before rebounding 1.5% on Tuesday. This volatility, attributed to potential shifts in Federal Reserve policy and geopolitical tensions, presents a buying opportunity for long-term investors, according to a note

Financial Sector Braces for Mixed Q3 Earnings as Banks Face Continued Pressure

The financial sector is gearing up for a crucial earnings season, with nearly half of the S&P 500 financial companies set to report third-quarter results in the coming weeks. The spotlight will be on major players like Bank of America, Citigroup, and JPMorgan Chase. The sector is predicted

Japan Equities Struggles for Direction as Earnings Season Kicks Off

After surging to record highs in July, the Nikkei 225 is now at a crossroads, leaving investors on edge as earnings season begins. This crucial period will determine whether the Japanese stock market can maintain its gains for the year amidst a strengthening yen, persistent global economic concerns, and political

Equities Finish Lower as Jobs Report Looms, Middle East Tensions Simmer

U.S. stocks ended Thursday's trading session in the red, with the Dow Jones Industrial Average falling 0.44%, the S&P 500 dipping 0.17% and the Nasdaq Composite edging down 0.04%. The cautious sentiment ahead of Friday's highly anticipated monthly U.S.

Markets Teeter on Edge as Middle East Tensions Surge, Jobs Data Looms

The markets are on edge as the escalating conflict in the Middle East casts a shadow over upcoming US economic data releases. While Wednesday saw a modest rebound in US equities following Tuesday's sell-off, heightened geopolitical uncertainty continues to fuel market volatility. Equities: A Cautious Recovery The S&