For years, there has been talk about China's economy eventually becoming larger than the United States'. Council on Foreign Relations Fellow Zongyuan Zoe Liu is "increasingly suspicious" of that happening any time soon. "I still see China's growth potential in the long run, but what really is constraining the Chinese growth potential comes from both economic fundamentals that is related to the financial repression growth model and the other aspects is geopolitics," Liu says. When it comes to international companies like Starbucks (SBUX) and Apple (AAPL) who invest in China, Liu says that middle-income families "are not necessarily incentivized to spend" right now. Liu cites declining income growth and weakening job prospects...
Continue ReadingIn this article, we discuss long-term returns of Carl Icahn’s 40 activist targets. You can skip our detailed analysis of Icahn’s activist targets and their historical performance and go directly to read Long-Term Returns of Carl Icahn’s 10 Activist Targets. He is one of Wall Street’s biggest stars and most successful investors. Carl Icahn is […]...
Continue ReadingMany tech stocks took a hit last year on news about elevated inflation, high interest rates, and the possibility of a recession. The newly found confidence in tech stocks explains why the Nasdaq Composite index is up nearly 30% so far this year, while the S&P 500 index has appreciated nearly 15%. What's even better is that the rally in tech stocks shows potential to continue thanks to ongoing favorable economic indicators...
Continue ReadingSoftbank's (SFTBY) Arm filed with the Nasdaq for what could be the year's biggest IPO. Yahoo Finance Senior Reporter Dan Howley explains how the company is going public after Nvidia (NVDA) unsuccessfully tried to take over the company in a move that was blocked by global regulators. Arm is a chip designer, who profits from licensing chips to other companies such as Apple (AAPL), Samsung (SMSN.IL), and Qualcomm (QCOM). Howley notes how the timing is unusual, given the state of the smartphone market, saying "this IPO is coming at almost a strange time as we're seeing a slowdown in smartphone sales across the world." For more Yahoo Finance coverage on this topic:Arm expected to unveil new data on IPO filing...
Continue ReadingApple is expected to release Vision Pro VR/AR headset next year. Itâs unlikely to boost company's revenues and earnings growth. Click here for more on AAPL stock...
Continue ReadingArm Holdings files plan for long-anticipated IPO, American Airlines joins other carriers with boost to pilot pay, and other news to start your day...
Continue ReadingInterest rates are skyrocketing, with the 30-year fixed-rate mortgage hitting 7.48% this week. Read more here...
Continue ReadingAcquisition rumors involving Disney are nothing new, but the one that seems to re-emerge every so often is Disney being the one acquired, usually by Apple. Read more here...
Continue ReadingMany believe the Federal Reserve will achieve a 'soft landing' despite a 525bps hike in the Fed Funds rate, but this optimism is misplaced. Read more here...
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