It might seem arbitrary to take investing advice from old market adages, but there is one market strategy commonly mentioned ahead of the Jewish holidays – “Sell Rosh Hashanah, Buy Yom Kippur.”  This year, Rosh Hashanah, which is the beginning of the year according to the traditional Jewish calendar,...
Micron Technology Inc. investors are hoping the memory-chip maker’s forecast will provide more color into the unprecedented supply-and-demand dynamics created by two years of COVID-19-related disruption. Micron MU, +0.89% is scheduled to report its fiscal fourth-quarter results after the market’s close on Thursday. In case there was...
The crown prince of Saudi Arabia, Russian oligarch Roman Abramovich, and a top Ukrainian negotiator played key roles in months of talks that led to the release of more than 250 prisoners by Russia and Ukraine this week in a broader deal involving Turkey, according to U.S., Ukrainian and Saudi officials and...
Nike Inc. is slated to report fiscal first-quarter results on Thursday after the bell, with Wall Street looking at an ever-expanding list of issues to work through with the athletic gear-maker. A stronger dollar, inflation, Nike’s NKE, -1.55% cultural relevance amid competition, the impact of China’s COVID-19 lockdowns...
It might seem arbitrary to take investing advice from old market adages, but there is one market strategy commonly mentioned ahead of the Jewish holidays – “Sell Rosh Hashanah, Buy Yom Kippur.”  This year, Rosh Hashanah, which is the beginning of the year according to the traditional Jewish calendar,...
U.S. stock-market losses deepened Friday afternoon, with the S&P 500 index trading below its 2022 closing low reached in June, as major benchmarks head for weekly losses after bond yields and the dollar rose in the wake of the Federal Reserve’s interest rate hike on Wednesday. How stock indexes...
Global government-bond markets are stuck in what BofA Securities strategists are calling one of their greatest bear markets ever — which, in turn, is threatening the ease with which investors will be able to exit from the world’s most-crowded trades, if needed.Those trades include long positions in the dollar,...
Amazon’s 2022 debut broadcast of “Thursday Night Football” resulted in a record number of sign-ups for the company’s Prime subscription service. The game attracted more new subscribers than any three-hour period in Amazon’s history, an internal company memo reportedly viewed by CNBC was said to have stated — with...
Netflix has a ton of returning fan-favorite series coming in October, including the long-awaited final season of “Derry Girls,” along with a slew of buzzy original movies and documentaries. After a three-year layoff, the endearing teen comedy “Derry Girls” (Oct. 7) returns for its third and final season, which...
During the height of the bull market – which, boy, seems so long ago – the call-option crazy punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would keep going higher. “Money Printer Go Brrr” featured a Rambo-esque Jay Powell, chair of the Federal Reserve,...