AutoNation Inc (NYSE: AN) reported fourth-quarter FY22 sales growth of 2% year-on-year to $6.69 billion, beating the consensus of $6.52 billion. Higher average selling prices of vehicles, increased ne...
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Live Finance News Updates.
MicroStrategy Has Raised $46.6M Through Share Sales Since September
Join the most important conversation in crypto and web3! Secure your seat today Michael Saylor’s MicroStrategy (MSTR) disclosed that it’s raised $46.6 million via share sales since it ente...
Why there is no such thing as a ‘no landing’ scenario for the economy: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, February 17, 2023 Today’s newsletter...
In ‘The Heavenly Idol’ A K-Pop Band Gets Some Divine Intervention
Kim Min-kyu plays a supernatural creature who finds himself in the body of a failed k-pop star. tvN Waking up to find yourself a k-pop star might be a dream come true for some people, but it’s not tha...
Influx Of Stars Have Turned The NBA Into Big Hit In Europe
MILWAUKEE, WISCONSIN – APRIL 03: Luka Doncic #77 of the Dallas Mavericks dribbles up court while … [+] being defended by Giannis Antetokounmpo #34 of the Milwaukee Bucks during the second ...
Apecoin (APE), Solana (SOL) Dump While Orbeon Protocol (ORBN) Pumps 1815% in Presale
The cryptocurrency market is no stranger to volatility, and recent trends have shown that even established players are not immune to sudden drops in value. Apecoin (APE) and Solana (SOL), two popular ...
After Wild Winter Of Spending, National League Clubs Contend For Six Spots In Baseball Post-Season
Pete Alonso led the 2022 Mets with 40 home runs, then signed a new one-year contract for $14.5 … [+] million, a record for a first baseman in his second year of arbitration eligibility. He’...
Generous Bond Yields Prove There Is an Alternative to Stocks
Return with us to ancient times, when dinosaurs ruled, at least in technology terms. It was early 2007, when Blackberries were in everybody’s mitts and the first iPhone hadn’t yet gone on sale, let al...
As Earnings Season Ends, Stocks Get Marked Down. The Good News: It Isn’t a Recession.
With only a few big names left to report, 80% of S&P 500 companies have now delivered results, putting the index’s earnings per share on track to contract 2.2% for the fourth quarter—the first qua...
Stock Market Rally Extends Pause Amid Hot Inflation; Tesla, Shopify, Airbnb In Focus: Weekly Review
The stock market rally continued to consolidate, with the major indexes falling to the bottom or below their recent ranges on Friday as Fed fears mounted. Consumer and wholesale inflation came in hott...
Will Warren Buffett retire? What to look for in his annual letter.
Warren Buffett is an inspiration to retirees everywhere. In the 27 years since he reached what the Social Security system said was his full retirement age, shares of his Berkshire Hathaway BRK.B, +0.0...
These money and investing tips can hold up your portfolio if the market melts down
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Why the stock market’s pullbac...
Mercedes reports profit boost, warns of ‘exceptional degree of uncertainty’ in 2023
Mercedes-Benz Group (MGB.DE) on Friday reported profits and revenue that grew by 28% and 12%, respectively, in 2022, but warned economic concerns could weigh on this year’s results. The German a...
3 Reasons Jesse Marsch Isn’t Acutally A Great Fit For The USMNT
Jesse Marsch, right, was recently fired by Leeds United, potentially leaving him available to take … [+] the vacant U.S. national team job. Tyler Adams, left, is a U.S. national team player who ...
Agnico Eagle Shares Sink as Inflation Sideswipes Earnings
(Bloomberg) — Agnico Eagle Mines Ltd.’s stock faced its biggest drop in more than two years after reporting inflationary headwinds and lower-than-expected sales in its latest earnings. Most Read...
Blur airdrop and more SEC action
Policy • February 18, 2023, 5:07AM EST This week saw another significant piece of enforcement action by U.S. regulators as the Securities and Exchange Commission went after Paxos for issuing BUSD stab...
Web3 Delight debuts in Riyadh – Build your own future!
Saudi Arabia launch for Web3 Delight – the first Web3 and tech business-dedicated event in the Kingdom complimented by a blockchain tech hackathon – follows recent introductions in Abu Dhabi and Lagos...
What Is The Future Of The Dortmund Star?
Marco Reus did not feature for Borussia Dortmund against Chelsea on Wednesday (Photo by Federico … [+] Gambarini/picture alliance via Getty Images) dpa/picture alliance via Getty Images With Bor...
Bank of America warns ‘no landing’ scenario could clobber stocks later this year
The U.S. economy could be headed for a “no landing” scenario thanks to the hot labor market, but that might not be good news for the stock market, according to Bank of America analysts. In...
Nvidia Bulls See AI Boost Offsetting PC Slump
Nvidia (NVDA) heads into its quarterly results after the closing bell Wednesday with Wall Street counting on significant growth over the next year, even as rivals AMD (AMD) and Intel (INTC) have alrea...
A Sideways Stock Market and the Case for Selling in March
Investors have heard the dictum “sell in May and go away.” This year they might want to consider selling in March. The May adage follows from market seasonality. Historically, investors have realized ...
The housing market downturn isn’t over
Right out of the gate in 2023, the slumped U.S. housing market experienced an uptick in activity. Open houses got more foot traffic. Buyers started making serious offers. And, if priced right, homes i...
Strong Economic Data Weaken the Case for Continued Stock Rally
The dash for trash has hit a speed bump. Stocks faltered again this past week as the early-year rally, led by rebounds in 2022’s speculative-grade losers, ran into resistance from higher expected inte...
BofA Says Hard Landing to Hit Stocks in Second Half
(Bloomberg) — The delayed arrival of a US recession will weigh on stocks in the second half of the year, according to Bank of America Corp. strategists, who say a resilient economy thus far mean...
Adani Shock for $3.1 Trillion India Stock Market Is Ebbing Fast
(Bloomberg) — Signs are fast emerging that investors in Indian stocks are moving beyond the Adani Group’s woes. Local money managers are bullish on the outlook for the year ahead and overseas fu...
A Debt-Ceiling Fight Could Raise U.S. Borrowing Costs and Worsen Budget Deficits
Illustration by Chris Cash Text size About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Miz...