Category: Uncategorized

A mutual fund’s past return is easy to find. But for investors, the harder question is whether the Asset Management Company (AMC), fund manager, and fund itself have the characteristics to support consistent performance over different market cycles. A recent issue of DSP Mutual Fund’s Neev lays out a research framework by Rahul Kulkarni, Mutual…

TLDR Brent crude traded around $103 a barrel on September 17, with WTI near $100 Chevron reported $12.1 billion in Q2 earnings with worldwide production up 20% year over year Chevron hit record U.S. production and record crude throughput at American refineries Saudi Arabia is working to redirect supplies, but Middle East tensions keep the…

The Bank of England voted to hold its benchmark bank lending rate unchanged at 3.75%, holding steady for now as Governor Andrew Bailey warned that inflationary pressures may push the central bank to hike in coming months. Three members of the Monetary Policy Committee dissented, splitting the vote along identical lines to the Bank of…

It could be a brutal decade ahead for stocks, according to a valuation signal used by Bank of America. In a September 14 client note, the bank said that the S&P 500‘s normalized price-to-earnings ratio — which compares stock prices to average earnings over multiple years — currently sits at 32. That level implies that the…

Greg Abel has the unenviable task of succeeding legendary investor Warren Buffett as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB). Still, it’s only natural that Abel will put his own stamp on the company he leads. That includes making changes to the portfolio. Since becoming CEO at the start of the year, company filings…

President Trump offered a fiery response to the Federal Reserve’s decision to hike interest rates on Wednesday, demanding instead that rates be quickly and drastically lowered.  “Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR. Our Country is BOOMING with new…

Energy stocks were falling pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF (X PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a subscription? Sign in

ON Semiconductor scheduled an investor day to make its case to Wall Street and watched its stock sink 9% through the presentation. Now the CEO is explaining a $30 billion gap in his own slide deck, and buyers are deciding… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…

TLDR Table of Contents CRWV stock rebounded more than 1% overnight after falling 4% on Thursday and about 10% for the week. ARK Investment Management bought 239,083 CoreWeave shares worth roughly $19.1 million. CoreWeave announced a $3 billion convertible note offering, with an option to increase it to $3.5 billion. The company also launched an…

U.S. stocks climbed on the morning of Sept. 17 in the wake of a sell-off sparked by the Federal Reserve’s decision to hike interest rates. In an effort to combat stubborn inflation, the Federal Reserve announced a 0.25% interest rate hike on Wednesday, Sept. 16, raising its benchmark interest rate into the 3.75% to 4%…