There is a formula for forecasting future stock returns. Its accuracy depends on forecasts of future Price/Earnings ratios.
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Investors turned bearish on their favorite sector tech quickly this month
The Invesco QQQ Trust posted its biggest outflow since October 2000 on Friday, according to Bespoke Investment Group.
Microsoft unveils Azure Orbital, competing with Amazon to connect satellites to the cloud
Microsoft will offer a new service called Azure Orbital that connects satellites directly to its cloud computing network.
Billionaire Barry Diller calls stock market ‚great speculation,‘ urges everyone to save cash
„Personally, and professionally, every nickel you can, keep it … wherever it’s banked,“ IAC and Expedia Chairman Barry Diller said on CNBC on Tuesday.
JPMorgan traders complain that bank doesn’t inform all staff of coronavirus cases at headquarters
The episode highlights tension on Wall Street as firms summon their workers back to offices.
Stocks making the biggest moves in the premarket: Nike, General Mills, J&J, KKR, KB Home & more
The stocks making the biggest moves in premarket trading include Nike, General Mills, J&J, KKR, KB Home, and more.
China’s online shopping growth stalls — a sign of slow economic recovery
Chinese fervor for online shopping waned in August, a sign that the world’s second-largest economy still faces many challenges as it tries to rev up consumption at home.
Apple, Amazon and Google will emerge as winners from a major market shift, tech analyst Gene Munster predicts
„There’s going to be a fracturing of the performance within FAANG,“ Loup Ventures’ Gene Munster says.
$5 billion fintech firm TransferWise posts fourth straight year of profitability
CFO Matt Briers said TransferWise „could list right away,“ but is in no rush for an initial public offering.
Nike shares soar 13% as online sales jump 82%, retailer sees rebound in China
Parents were seen stocking up on sneakers for their kids this back-to-school season, and Nike’s business finally started to pick back up overseas amid the coronavirus pandemic.