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Davos, Inc. finds reasons to be less gloomy

3 years 9 months ago
DAVOS (Reuters Breakingviews) - When the chairmen of some of the world’s largest companies got together behind closed doors at the World Economic Forum this week, they had plenty of reasons to feel sombre. Higher interest rates are putting

SPY Has Aged Well for 30 Despite So Many Grandkids

3 years 9 months ago
On Sunday, a select few of us in the ETF industry will be toasting the 30th anniversary of the SPDR S&P 500 ETF (SPY), the first U.S.-listed and still-largest ETF. However, millions of Americans will unknowingly be among the beneficiaries of the major milestone.   The first ETF began trading in Canada in 1990, but [...] Read more at ETFtrends.com.

Wayfair to lay off 10% of workforce

3 years 9 months ago
Online furniture retailer Wayfair Inc said on Friday it will cut 1,750 jobs, or 10% of its workforce, as part of its cost savings plan at a time when consumers are selective with their discretionary purchases.

A Bull Market Is Coming. 3 Growth ETFs to Buy Right Now

3 years 9 months ago
It's no secret that the market has been struggling over the past year, but it's not all bad news. While nobody knows how long this downturn will last, it's certain that a bull market is on the way. And the best way to take full advantage of the inevitable upswing is to invest rig

3 Reasons to Buy C3.ai Stock, and 3 Reasons to Sell

3 years 9 months ago
When C3.ai (NYSE: AI) went public on Dec. 9, 2020, it generated a lot of buzz for three reasons: It was growing rapidly, it was founded and led by tech veteran Tom Siebel (who sold his previous company, Siebel Systems, to Oracle), and it had a catchy ticker symbol. Those factors,

Previewing Microsoft Earnings as Expectations Soften

3 years 9 months ago
Microsoft MSFT reports its Q2 FY23 earnings Tuesday January 24 after the market closes. With a Zacks Rank #4 (Sell), we can see analysts have been revising earnings estimates lower. Following these downward revisions will Microsoft be able to meet these now lowered expect

Notable Thursday Option Activity: GS, TGT, MSFT

3 years 9 months ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Goldman Sachs Group Inc (Symbol: GS), where a total of 40,944 contracts have traded so far, representing approximately 4.1 million underlying shares. That amounts to abo
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