Britain’s most famous stock market index came into being on this day four decades ago...
Continue ReadingSt. James Investment Company published their Q4 2023 value investor's quarterly letter recently. Click here to read the full fund letter...
Continue ReadingIn our view, the key to navigating equity markets in 2024 is to be wary of developing false conviction in a single macro or market outcome...
Continue ReadingAs it turns out, 2023 was a terrific year for stock market investors, and a very good one for investors in bonds. Who knew? Pretty much nobody...
Continue ReadingBig tech winners led Tuesday's skid. Weight loss plays Celsius and Eli Lilly flashed buy signals. Tesla and Microsoft held up...
Continue ReadingApple stock registered one of its biggest daily declines in a year as investors took in the latest in a series of downgrades of the tech company. Among 44 analysts who cover the stock, according to FactSet 60% have a Buy rating of the equivalent, 30% rate Apple at Hold, and only 10% rate it at as Underweight or Sell. KeyBanc’s Brandon Nispel joined in October, downgrading Apple to Sector Weight from Overweight...
Continue ReadingBarclays analyst Tim Long says Apple's iPhone sales will continue to be weak throughout 2024...
Continue ReadingApple (AAPL) shares slid after Barclays downgraded the stock to an "Underweight" rating and trimmed its price target by $1 per share. The analysts cited weakening iPhone sales and broader demand slowdown across Apple's product ecosystem after four straight quarters of declining revenue. Chevron (CVX) announced it will take $4 billion in charges for the fourth-quarter related to increased regulatory and environmental liabilities, mainly stemming from California oversight of the oil giant's operations within the state. Wells Fargo struck a bullish tone on Citigroup (C), naming it their top bank pick for 2024. Analyst Mike Mayo predicts Citi shares can double over the next three years. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe federal minimum wage in the US hasn’t changed from the hourly rate of $7.25 in over 14 years. But 22 states and 40 cities increased their own minimum wages to ring in the New Year...
Continue ReadingApple stock fell on the first trading day of the year, weighing down the US stock market and snarling Big Tech’s gangbusters 2023 rally...
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