Activist hedge fund Trian Fund Management, led by Nelson Peltz, is escalating its proxy fight with Disney by taking its case directly to shareholders, seeking board seats and criticizing the company's performance. Disney responded by highlighting its cost-cutting efforts and pointing out that Peltz's ally, former Marvel executive Ike Perlmutter, has a personal agenda against Disney's CEO.
The art market has remained relatively stagnant over the past decade, with high-end artworks experiencing significant price increases while most artists face declining sales and limited returns, making art a risky investment but a meaningful purchase to support artists and communities.
Stocks are expected to continue their momentum and finish November with significant gains, with historical data suggesting that December and next year will bring further positive performance in the stock market.
The CEO of Janus Henderson Investors suggests that a significant portion of the $6 trillion sitting in money-market funds could be reinvested into carefully selected risk assets, as borrowing costs are expected to fall and holding cash becomes less attractive.
The S&P 500 Index has rallied over 450 points since its October 27th low, but with the index approaching its yearly highs and displaying overbought conditions, there may be potential sell signals on the horizon.
Mortgage payments have dropped and new home listings have increased, leading to more favorable conditions for buyers, as declining rates and a sizable uptick in new listings provide relief for the housing market.
Traders are increasingly betting on interest rate cuts in the United States and Europe as evidence suggests that inflationary pressures are diminishing, leading to a big disconnect between financial markets and central banks.
The satellite technology market faces challenges such as data interpretation limitations, technological complexity, market competition, food security concerns, and unforeseen obstacles, which need to be addressed through improved analytics platforms, educational initiatives, and long-term strategic planning in order to unlock its full potential and continue its transformative impact.
The U.S. Agriculture Secretary, Tom Vilsack, emphasized the need for carbon capture and storage at ethanol plants in the Midwest to participate in the sustainable aviation fuel market, despite opposition from landowners and resistance to the proposed pipelines.
U.S. stocks ended mixed, but Wall Street had one of its best November performances on record, driven by the belief that the Federal Reserve is finished raising rates and can achieve a mixed landing, with the S&P 500 posting its largest monthly gain since July 2022.
Brazil has shown a more sophisticated market for cryptocurrency, particularly in their regulation of Bitcoin, as demonstrated by the approval of Bitcoin spot ETF filings almost three years ago.
US stocks were mixed on Thursday morning, but still on track for their best month this year, as investors remained optimistic about interest rate cuts after a key reading on consumer inflation, while oil prices rose due to OPEC+ agreeing to additional output curbs; however, pending home sales hit a 20-year low in October due to rising mortgage rates.
Instacart is a market leader in the grocery delivery industry with strong network effects, but faces fierce competition from DoorDash and Uber, resulting in a declining market share.
Stocks closed mostly higher in November, with the S&P 500 posting its biggest monthly gain since July 2022, driven by hopes of the Federal Reserve being done raising interest rates and positive earnings reports, while inflation rates cooled and Treasury yields fell.
The article provides an overview of economic data, commodities, and markets in the December 2nd, 2023 edition of The Economist.
The Canadian economy unexpectedly contracted in the third quarter, missing growth forecasts but avoiding a recession, with the Bank of Canada expected to cut interest rates in the second quarter of next year.
US stocks have risen as investors continue to bet on interest-rate cuts following a positive reading on consumer inflation, with the Dow Jones Industrial Average futures leading the gains.
The Grand River Farmers Market in Jackson, Michigan, had a successful summer season and is now offering a Winter Market to meet the demand for fresh produce during the colder months. The winter market takes place every Friday in downtown Jackson and has been well-received by visitors.
This article discusses the value of using a 5-minute bar chart for Comex gold futures trading, providing key moving averages and entry points for active intra-day traders.
Hong Kong is moving closer to keeping its stock and derivatives markets open during typhoons, as the government issues a consultation paper on ending shutdowns and gathering feedback from institutions and investors about the proposed change. The move, if implemented, could enhance revenue for the Hong Kong Exchanges and Clearing (HKEX) and bolster the government's tax collections, while also improving the city's competitiveness as an international financial center. The proposed change comes as HKEX CEO Nicolas Aguzin and Financial Secretary Paul Chan Mo-po support ending the current practice of shutting down trading during bad weather.
The median monthly mortgage payment has decreased by over $150 from its peak and is now at its lowest level since August, while new listings are experiencing their largest year-over-year increase since summer 2021.
The S&P 500 is up 18% in 2023 but down 5% since early 2022, creating buy opportunities for stocks like Costco, Lululemon, and Shopify, which have strong growth potential despite their high valuations.
Zillow economists predict that in 2024, there will be more options for home buyers and a slight increase in affordability as more homeowners list their homes for sale and mortgage rates stabilize, while single-family rentals and demand near downtown areas will continue to surge.
The top 15 U.S. markets for real estate investors to watch are Nashville, Phoenix, Dallas/Fort Worth, Atlanta, Austin, San Diego, Boston, San Antonio, Raleigh/Durham, Seattle, Houston, Denver, Charlotte, Miami, and Northern New Jersey, while migration-magnet cities in 2024 include Atlanta, Phoenix, San Antonio, Tampa/St. Petersburg, Dallas/Fort Worth, Houston, and Miami, and the fastest-growing real estate markets in 2024 are Austin, Nashville, and Raleigh/Durham, with mid-size cities to watch being Charlotte, Denver, and San Diego.
Stocks are expected to end the month on a positive note, with investors optimistic about the possibility of Fed rate cuts next year and anticipating a Santa rally.
The recent threats faced by short-sellers pose a risk to financial markets and the investors who rely on them to allocate capital efficiently, as short-sellers play a crucial role in uncovering frauds and overvalued assets, while also providing insurance against market crashes.
The Akre Focus Fund has consistently outperformed the market since its inception, showcasing the success of Akre's contrarian investment strategy focused on identifying excellent companies at reasonable prices, while prioritizing long-term growth over short-term market fluctuations.
Warren Buffett's stock-picking strengths have led to impressive market performance, and he owns two stocks, Amazon and Apple, that could excel in the next bull market due to their growth potential and strong competitive advantages.
November has been a successful month for equities, with global stock markets experiencing their best performance in three years as traders anticipate falling inflation and lower interest rates from central banks. However, investors caution that equities may be ignoring the risks of a recession, while bond markets are more accurate in their predictions.
Online trading platform Robinhood is planning to launch its stock exchange application in the United Kingdom, as part of its ongoing global expansion efforts, according to CEO Vladimir Tenev.
Stock-trading platform Robinhood has launched in the UK, offering early access to its app for those on the waitlist with plans to expand access in early 2024, as the company aims to capitalize on the relatively nascent market for commission-free trading and garner a new audience of tech-savvy investors.
Short-term rentals in New York City have been virtually decimated by new legislation, leading hosts to list their properties in illegal ways on platforms such as WhatsApp and Craigslist, but these shadowy listings come with risks and lack the protections provided by Airbnb. The strict rental rules aim to address housing shortages but have received criticism from dissenting hosts, causing Airbnb to shift its focus to other cities like Paris.
Alibaba, China's leading online retailer, is facing challenges from competitors like Pinduoduo, causing its market capitalization to slip behind PDD Holdings after strong earnings were reported.
Asian shares were mostly unchanged as investors awaited further signs of resilience in China's economy and bond yields extended their rally on expectations of interest rate cuts by the Federal Reserve.
Investors are eagerly awaiting the potential approval of a spot bitcoin exchange-traded fund (ETF) by the SEC, with the use of spot prices derived from the futures curve for calculating NAV and in-cash creations and redemptions emerging as the most promising alternative to shield the ETF from manipulation in unregulated spot markets.
ChargePoint Holdings, Inc. (CHPT) closed higher in the latest trading session, outperforming the S&P 500, but shares have lost 24.02% over the past month and are projected to report a decrease in earnings and revenue in its forthcoming earnings report.
Microsoft's stock closed at $378.85, moving -1.01% from the previous trading session, as analysts and investors anticipate the company's upcoming earnings disclosure, projecting a year-over-year growth of 18.53%.
Shares of Marathon Oil Corp. slipped slightly as the stock market had a mixed trading session, with the company closing below its 52-week high.
Seattle's Climate Pledge Arena, touted as the world's first "zero-carbon" certified arena, has faced skepticism over the credibility of its carbon offsets, highlighting the crisis of trust in the voluntary carbon market. While the arena has made significant efforts to reduce emissions, experts argue that relying on offsets for marketing claims may be misleading and that the market needs more rigor.
Stock indices finished mixed, with the Nasdaq 100 and S&P 500 down, while the Dow Jones Industrial Average was up; the Consumer Staples sector was the laggard, while the Real Estate sector was the leader; U.S. crude oil, gasoline, and distillate fuel stockpiles increased higher-than-expected; U.S. GDP growth was revised to 5.2% in the third quarter; U.S. futures are inching higher following positive comments from Federal Reserve Governor Christopher Waller; cybersecurity firm Salesforce will release its Q3FY24 results; Charlie Munger, vice chairman of Berkshire Hathaway, passed away at the age of 99; Uber Technologies has teamed up with London's black taxis; and a majority of Asia-Pacific markets ended lower.
US stocks were mixed on Wednesday as investors digested the possibility of the Federal Reserve cutting interest rates sooner than many had anticipated and updated data showed the US economy grew faster than previously reported in the third quarter.
Latin American stocks and currencies dipped as the U.S. dollar rose, with MSCI's gauge of the region's currencies down 0.5% and set to log its worst day in three weeks.
The reorganization of supply chains has disrupted the dynamics of capital flows, leading to a shift in the globalized world and the pursuit of self-sufficiency.
The torrid November rally in stocks is becoming more speculative, with traders piling into assets like GameStop, Bitcoin, and bullish equity options, fueled by hopes for Federal Reserve interest-rate cuts, while defensive assets like gold and Treasury bonds also see increased demand; however, investors should consider the potential risks to rate cuts in the first quarter.
The stock market is approaching all-time highs, with the S&P 500, Dow Jones, and Nasdaq 100 within 5% of their record highs, thanks to solid earnings, cooling inflation, and reduced volatility.
Bitcoin climbs above $38,000 as rates expectations shift and SEC's influence on crypto markets dwindles.
A man selling mushrooms and other paraphernalia at the Grand Army Plaza greenmarket in Brooklyn was arrested and had his pet cat seized as part of the city's crackdown on unlicensed vendors.
Stocks are on the rise in November, with the S&P 500 set to gain almost 9% this month, recovering from a turbulent third quarter.
Stocks rose on Wednesday as comments from a Federal Reserve official raised hopes of an earlier-than-expected interest rate cut.
U.S. stocks fluctuated as investors considered comments from the Federal Reserve and JPMorgan CEO Jamie Dimon, taking into account the revised second estimate of Q3 GDP growth, while Treasury yields and rate cut expectations were influenced by the data.