Markets

Tech Stocks Are Leading Markets Higher Again, But Analysts Split On Whether Rebound Will Continue

11 minutes ago   |   Forbes   |   2 articles

Tech stocks have made a comeback in recent months, but will the recent gains hold?
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Translating Regional Inflation Differences to States

11 minutes ago   |   Economy

Expenditure categories and consumption patterns shine a light on divergence across the U.S.
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Why China's booming IPO market isn't exactly good news for the country's economy

15 minutes ago   |   Fortune

China's IPO market raised $58 billion this year, far outpacing traditional IPO hubs. But its economy faces major headwinds ahead, which could dampen investor sentiment.
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Jumia shares rise as the company's e-commerce business revs up in Q2

15 minutes ago   |   Tech Crunch

African e-commerce giant Jumia reported its second-quarter financial performance today. In the wake of its financial reporting this morning, Jumia's shares climbed sharply...
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The Boy Bosses of Silicon Valley Are on Their Way Out

23 minutes ago   |   NY Times

They rode their unicorns to fame and fortune. In a rocky market, it got a little less fun.
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FCC denies Starlink's application for $885M subsidy

41 minutes ago   |   Tech Crunch

The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020...
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Q3 U.S. GDP Tracking Estimate Edges Higher

51 minutes ago   |   Economy

CPI boosts estimate of real consumer spending while inventories will be a smaller drag.
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CPI Has Markets Tweaking Their Fed Call

51 minutes ago   |   Economy

We're sticking with our forecast for a 50-basis point hike in September.
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Early Look at 2023 Cost-Of-Living Adjustments and Maximum Contribution Base

Early Look at 2023 Cost-Of-Living Adjustments and Maximum Contribution Base

1 hour ago   |   Calculated Risk   |   4 articles

The BLS reported this morning: The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 9.1 percent over the last 12 months to an index level of 292.219...
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Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.4% in July

Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.4% in July

1 hour ago   |   Calculated Risk   |   4 articles

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.5%...
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Early Look at 2023 Cost-Of-Living Adjustments and Maximum Contribution Base

Early Look at 2023 Cost-Of-Living Adjustments and Maximum Contribution Base

The BLS reported this morning: The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 9.1 percent over the last 12 months to an index level of 292.219... Read more ...

FCC denies Starlink's application for $885M subsidy

The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020... Read more ...

CPI Has Markets Tweaking Their Fed Call

We're sticking with our forecast for a 50-basis point hike in September. Read more ...

Q3 U.S. GDP Tracking Estimate Edges Higher

CPI boosts estimate of real consumer spending while inventories will be a smaller drag. Read more ...

The easing of inflation pressures is giving the economy some breathing room...

If inflation has been the biggest threat to U.S. economic growth, then July's data should provide signs that there's at least some relief in the pipeline. Read more ...

Not to jinx it, but SaaS valuations appear to be staging a recovery

Not to jinx it, but SaaS valuations appear to be staging a recovery

After enduring a multiquarter selloff that started in late 2021, the value of software companies on the public market is recovering. The modest rebound posted thus far appears... Read more ...

Lyft Stock's Recent Bounce Could Be Short-Lived

And though the company's most recent earnings report helped LYFT cover some lost ground, a study from Schaeffer's Senior Quantitative Analyst Rocky White shows the stock just... Read more ...

LatAm Daily Briefing: Inflation Climbs Higher in Mexico

The central bank's timid monetary policy actions have allowed inflation to run unchecked. Read more ...

Santoli: Traders are choosing not to overthink latest inflation data as S&P...

A flat CPI month over month and softer core reading quickly took some anticipated Federal Reserve tightening out of the market's implied forecast Read more ...

Stocks making the biggest moves midday: Coinbase, Roblox, Wendy's and more

These are the stocks posting the largest moves in midday trading. Read more ...