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Financial Services Roundup: Market Talk
The Wall Street Journal7d agoneutral
Financial Services Roundup: Market Talk

Find insight on Legal & General, United Overseas Bank, OCBC and more in the latest Market Talks covering financial services.

Tesla Stock Is on a Roll as Retail Traders Buy In
Barrons.com7d agoneutral
Tesla Stock Is on a Roll as Retail Traders Buy In

FEATURE Tesla stock was rising again Monday, putting the electric vehicle maker on track to extend a recent good run during which it has clawed back some of its losses for the year. Shares climbed 1% to $332 ahead of the opening bell.

Five key market events investors should follow this week
InvestorsHub7d agoneutral
Five key market events investors should follow this week

U. S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict.

The Fed's new chapter runs through Walmart's ex-CEO
Axios7d agoneutral
The Fed's new chapter runs through Walmart's ex-CEO

When Mike Allen and I are curious about the " real economy ," we talk to sources at big-box stores for a read on real-time sales trends, or friends at super-regional banks to gauge the mood and money movement.

Barrick Mining shares fall after Q2 earnings miss despite stronger gold production
InvestorsHub7d agobearish
Barrick Mining shares fall after Q2 earnings miss despite stronger gold production

Barrick Mining Corporation (NYSE:B) shares came under pressure in pre-market trading on Monday after the gold producer reported second-quarter earnings and revenue below Wall Street expectations, despite delivering higher production and substantial year-on-year growth. Adjusted earnings per share came in at $0.

Chip Stocks Face a Long Climb Back to Their Peak Despite Recent Rally
The Wall Street Journal7d agobullish
Chip Stocks Face a Long Climb Back to Their Peak Despite Recent Rally

The PHLX Semiconductor Index has roared back to life, climbing more than 18% from its recent low on July 29. Yet it still has a long way to go to reclaim its summertime highs. Following last month's sharp decline, the index—consisting of names like Nvidia, Micron Technology, and Broadcom—needs an additional 18.

Reuters7d agoneutral
Data center operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources say

CyrusOne, a data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an initial public offering ‌as early as 2027, in what could be one of the biggest IPOs ‌in the sector in recent years, according to people familiar with the matter. The private equity firms met investment banks ​including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the IPO, the people said, asking not to be identified because the discussions are confidential.

What a Family Business Taught e.l.f. Beauty’s CEO
The Wall Street Journal7d agoneutral
What a Family Business Taught e.l.f. Beauty’s CEO

Conventional wisdom would say no. But over the last 12 years, e.l.f. Beauty CEO Tarang Amin has done it, and on this week’s episode of WSJ Leadership Institute Presents: Leaders, he shares how. “Everything I know about cash flow, economic profit, how you treat people, really came from those early days building up our family business like that,” Tarang told me.

War Is Helping Chinese EVs Upend the Global Car Market
The Wall Street Journal7d agoneutral
War Is Helping Chinese EVs Upend the Global Car Market

One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. The crisis in the Middle East is helping them export their way out of trouble: Chinese carmakers are sending excess supply to overseas markets, where high gasoline prices are prompting more drivers to buy EVs. The market share of traditional carmakers is the big casualty.

Bloomberg7d agoneutral
JPMorgan Strategists Raise S&P 500 Target as AI Capex Pays Off

(Bloomberg) -- JPMorgan Chase & Co. strategists raised their S&P 500 Index forecast for a second time in two months, citing strong corporate earnings and the payoff from massive artificial intelligence spending. Most Read from BloombergIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’China Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Hold Near Record Highs, Oil Ticks Higher: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says