Author name: com373news

Shore Capital Reiterates Buy Rating for International Personal Finance (LON:IPF)

International Personal Finance (LON:IPF – Get Rating)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research note issued to investors on Thursday, Marketbeat.com reports. International Personal Finance Trading Up 0.8% LON IPF opened at GBX 106.60 ($1.31) on Thursday. The company has a quick ratio of 3.69, a current …

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Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers

Dow Jones futures edged higher Thursday morning, along with S&P 500 futures and Nasdaq futures, amid another busy night and morning of earnings. The stock market rally rose strongly on Wednesday, with tech titans charging higher. X Apple stock Amazon.com (AMZN), Microsoft (MSFT), Facebook parent Meta Platforms (META), Tesla (TSLA) and Google parent Alphabet (GOOGL) …

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Lucid (LCID) crashes as it slashes 2022 production guidance and burns through $800M

Electric automaker Lucid Group’s stock (LCID) is crashing this morning after the company slashed its 2022 production guidance and confirmed that it burned through another $800 million during the last quarter. Yesterday, Lucid reported its Q2 2022 earnings and confirmed small progress in delivering its Air electric sedan. In Q2, the automaker delivered 679 vehicles …

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Today’s Mortgage, Refinance Rates: August 4, 2022

After dropping late last week, mortgage rates are ticking back up again today. However, they still remain lower than they have been in recent weeks. Rates have been volatile this month as investors balance record levels of inflation with the growing risk of a recession. Even though they’re slightly down compared to previous weeks, they’re …

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Russia faces ‘economic oblivion’ despite short-term resilience

Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia July 7, 2022. Alexey Nikolskyi | Sputnik | Reuters Russia is facing “economic oblivion” in the long-term because of international sanctions and the flight of businesses, several economists have said. The International Monetary Fund last week upgraded Russia’s gross domestic product estimate …

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Stock investors will likely sweat out August if recent market history repeats

August, not April, is the cruelest month — for stock investors, that is. Often August has been the best performing month, persuading investors that a hot August is more than a fluke. But there have been long stretches where the market’s return in August has been particularly painful. Consider the Dow Jones Industrial Average DJIA, …

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Emerging markets hit by record streak of withdrawals by foreign investors

Foreign have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing growth investors. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the …

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