Valuations have softened significantly in the tech world, but an opportunity awaits the most discerning investors.
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Stocks making the biggest moves premarket: Target, Lowe’s, Carnival and others
These are the stocks posting the largest moves before the bell.
Stocks making the biggest moves after hours: Carnival, Advance Auto Parts and more
See which stocks are posting big moves after the bell.
Goldman Sachs paid $12 million to female partner to settle sexism complaint, Bloomberg reports
Wall Street continues to deal with accusations that its hard-charging culture results in unfair treatment for female employees.
Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
These are the stocks posting the largest moves midday.
Charlie Munger calls the success of Elon Musk’s Tesla a ‚minor miracle‘ in the car business
„We haven’t had a successful new auto company in a long, long time. What Tesla has done in the car business is a minor miracle,“ Munger said.
Target shares plunge after retailer reports profit decline, warns of soft holiday quarter
Target saw sales decline as families contended with higher prices, a potential warning sign for the holiday shopping season.
Lowe’s reports revenue increase, beating Wall Street’s expectations
Lowe’s earnings report comes a day after Home Depot’s third quarter earnings beat analysts‘ estimates.
US MBA mortgage applications w.e. 11 November +2.7% vs -0.1% prior
<ul><li>Prior -0.1%</li><li>Market index 205.2 vs 199.9 prior</li><li>Purchase index 169.7 vs 162.6 prior</li><li>Refinance index 367.1 vs 373.1 prior</li><li>30-year mortgage rate 6.90% vs 7.14% prior</li></ul><p style=““ class=“text-align-justify“>A slight bump higher in mortgage activity in the past week, which comes as the average interest rate of the most popular home loan in the US falls back below 7% in a 24 bps dip. That said, overall conditions are still just off their worst since 1997 so this doesn’t really say a lot.</p>
This article was written by Justin Low at forexlive.com.
NATO’s Stoltenberg: No indication that Poland blast was result of a deliberate attack
<ul><li>Poland blast likely caused by Ukrainian air defense missile</li><li>Investigation is ongoing, but it was not Ukraine’s fault</li></ul><p style=““ class=“text-align-justify“>This just reaffirms the earlier finding <a target=“_blank“ href=“https://www.forexlive.com/news/us-officials-say-initial-findings-suggest-missile-may-have-been-fired-by-ukraine-20221116/“ target=“_blank“>here</a>. In any case, I believe this should put an end to the whole geopolitical drama that started from yesterday.</p>
This article was written by Justin Low at forexlive.com.