Consensus estimates ahead of Q1 2024

GOBankingRates
7 Frugal Habits That Will Pay Off Big Time for Boomers in Retirement
Baby boomers are heading into retirement at record numbers. If you need more money to sock away for retirement, here are some frugal habits that can help.
Bloomberg
Bezos, Zuckerberg Lead Magnificent Seven Insider Stock Sales
(Bloomberg) -- Insiders at the Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realizing gains from the stocks that have largely powered the boom in US equity markets.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatAlmost a dozen executives and
Sky News
Interest rate cut is not far off - but there are complicating factors
All nine members know that interest rates, currently at 5.25%, will have to be cut in the coming months. After all, high interest rates represent a brake on the economy and it's becoming clear that keeping the brake pedal down is causing economic pain. For Bank insiders, the fact that the rate at which the consumer price index is rising each year is about (at least according to their forecasts) to hit 2% is a mark of success.
Yahoo Finance
Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200
Stocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
Bloomberg
TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. saw April sales jump 60% to NT$236 billion ($7.3 billion) as sustained artificial intelligence demand was helped by the beginnings of a recovery in consumer electronics.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionIce Cube’s B
Bloomberg
Novavax Soars on $1.2 Billion Sanofi Vaccine Licensing Deal
(Bloomberg) -- Novavax Inc. shares surged after the company signed a $1.2 billion licensing agreement with Sanofi that includes commercializing a combined Covid-19 and flu shot. Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionJim Simons, Code Breaker Who Mastered Investing, Dies at 86Apple Apologizes for iPad Pro Ad, Scraps Plan to Air It o
Simply Wall St.
Retail investors account for 54% of Galenica AG's (VTX:GALE) ownership, while institutions account for 46%
Key Insights Galenica's significant retail investors ownership suggests that the key decisions are influenced by...
Simply Wall St.
Executive Chairman & CEO of Raffles Medical Group Choon Yong Loo Buys More Stock
Those following along with Raffles Medical Group Ltd ( SGX:BSL ) will no doubt be intrigued by the recent purchase of...
Yahoo Finance
Americans are feeling worse about the US economy amid inflation concerns
Consumer sentiment soured in May as fears over sticky inflation and high interest rates dampened Americans' outlook for the US economy.
Yahoo Finance Video
Gold could go 4.8% higher on asset inflation, Fed: Strategist
Gold (GC=F) has seen quite the run in 2024 and is set for its best week since early April. The commodity is often viewed as a hedge bet against inflation, but could all that change if the Federal Reserve decides to cut interest rates? Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to discuss the momentum behind gold futures and what it means for both the Fed and gold traders Iaccino speculates on gold's future movements: "If inflation is picking up again, which I believe it is, gold will rally as a function of asset inflation." He continues: "When you look at asset inflation that comes with it, those of us that own assets like gold, we benefit from that. So my target for gold is about 4.8% higher from here. Very specific: $2,491 [per ounce]. If you get to $24,91, the speculator will probably push it to $2,500 just because they like those numbers." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
BBC
UK interest rates expected to stay at 16-year high
The Bank of England will decide interest rates later, but is not expected to cut them until the summer.
GOBankingRates
Why You Should Stick to the One-Tenth Rule When Buying a Car
With very few exceptions, cars are guaranteed to lose value and waste your money. You may love your car, but there's no reason to overspend on a depreciating liability, especially when all other goods...
GOBankingRates
David Bach: How Much You Should Have in Savings at Every Age
David Bach is a financial advisor and author who created the popular 'Finish Rich' book series. He uses his expertise to help people save money and prepare for better financial futures. Read: 10...
SmartAsset
We're in Our Early 60s with $1.4 Million. Can We Afford to Withdraw $90k Per Year in Retirement?
There are going to be many factors that help you determine if you’re ready to retire to $90k per year for as long as you’ll need it. Withdrawing too much too soon heightens the danger of depletion, so determining a safe and sustainable withdrawal rate in retirement is crucial to ensure savings last your lifetime. […] The post We’re in Our Early 60s with $1.4 Million in Investments. Can We Afford to Withdraw $90k Per Year in Retirement? appeared first on SmartReads by SmartAsset.
Insider Monkey
10 Weakest Militaries in Europe
In this article, we look at the 10 weakest militaries in Europe. You can skip our detailed analysis on defense spending patterns in the continent and head over directly to the 5 Weakest Militaries in Europe. Global military spending reached a record-high of $2.44 trillion in 2023, according to latest figures released by the Stockholm […]
Bloomberg
China EV Maker Zeekr Shares Climb 35% After Expanded US IPO
(Bloomberg) -- Shares of Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., rose 35% after an expanded initial public offering that’s the biggest US listing by a China-based company since 2021.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Clos
Bloomberg
Novavax’s 99% Surge Gives ‘Rib-Crunching’ Squeeze to Shorts
(Bloomberg) -- Novavax Inc.’s record one-day gain is forcing some short sellers betting against the stock to exit their positions at a loss. Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealShares of the vaccin
Reuters
FOREX-Dollar softens after claims data, pound recovers from BoE-led low
The dollar weakened against most currencies on Thursday after economic data showed more signs of softening in the U.S. labor market, while the pound rebounded from earlier lows after the Bank of England opened the door for an interest rate cut. Market participants have looked towards a softening labor market as a sign that consumers will begin to slow spending and in turn help cool inflation. "We did have a knee-jerk reaction in yields and the dollar lower this morning after the jobless claims number came in above expectations," said Karl Schamotta, chief market strategist at Corpay in Toronto.
Yahoo Finance Video
Trump turns to oil CEOs for $1B presidential donation: RPT
Former President Donald Trump is tapping Big Oil chief executives in an attempt to receive $1 billion in donations to his reelection campaign, according to the Washington Post. What is he promising in return? Yahoo Finance Senior Columnist Rick Newman talks about Trump's talking points on broadening oil (CL=F, BZ=F) drilling, even though major energy companies are diversifying their portfolios and leaning into clean energy practices while maintaining drill sites. Catch up on Yahoo Finance's interview with ExxonMobil (XOM) CEO Darren Woods from the 2024 Milken Institute Global Conference. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Fortune
‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market
The situation is ‘pretty dire’ for younger generations, a chief economist echoed in a separate interview.

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Consensus estimates ahead of Q1 2024

Latest stories

7 Frugal Habits That Will Pay Off Big Time for Boomers in Retirement

Bezos, Zuckerberg Lead Magnificent Seven Insider Stock Sales

Interest rate cut is not far off - but there are complicating factors

Stock market today: Dow pops for 7th straight day as S&P 500 climbs back above 5,200

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

Novavax Soars on $1.2 Billion Sanofi Vaccine Licensing Deal

Retail investors account for 54% of Galenica AG's (VTX:GALE) ownership, while institutions account for 46%

Executive Chairman & CEO of Raffles Medical Group Choon Yong Loo Buys More Stock

Americans are feeling worse about the US economy amid inflation concerns

Gold could go 4.8% higher on asset inflation, Fed: Strategist

UK interest rates expected to stay at 16-year high

Why You Should Stick to the One-Tenth Rule When Buying a Car

David Bach: How Much You Should Have in Savings at Every Age

We're in Our Early 60s with $1.4 Million. Can We Afford to Withdraw $90k Per Year in Retirement?

10 Weakest Militaries in Europe

China EV Maker Zeekr Shares Climb 35% After Expanded US IPO

Novavax’s 99% Surge Gives ‘Rib-Crunching’ Squeeze to Shorts

FOREX-Dollar softens after claims data, pound recovers from BoE-led low

Trump turns to oil CEOs for $1B presidential donation: RPT

‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market