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The Latest Breaking News from Street

Stocks Edge Higher, Facebook Lifts Meta, Amazon And Intel Earnings On Deck, Samsung Chip Outlook - Five Things To Know

Stock futures higher as tech profits offset bank sector woes; Meta shares soar as Facebook growth, cost cuts power Q1 earnings beat; Amazon earnings on deck as tech reporting rolls on; Intel outlook in focus as chipmaker preps Q1 earnings and Samsung profits top estimates, outlook lifts U.S. chipmakers.

The Street

Stocks Edge Higher, Microsoft Beats, Google Buyback, Meta On Deck, Boeing In Focus - 5 Things To Know

Stock futures higher as tech earnings offset bank sector concerns; Microsoft surges as cloud boosts Q3 earnings, AI supports outlook; Google shares higher on resilient ad spending, $70 billion buyback plans; Meta earnings on deck amid Zuckerberg's 'year of efficiency' and Boeing higher ahead of earnings following solid Q1 deliveries.

The Street

Microsoft Stock Leaps As Cloud Strength Drives Q3 Earnings Beat, Offsets Muted Azure Gains

Microsoft Cloud revenues were up 22% from last year over the third quarter, topping Street forecasts and driving a solid earnings beat for the tech giant.

The Street

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If You'd Put $1,000 Into Microsoft Stock 20 Years Ago, Here's What You'd Have Today

Microsoft has been an astounding buy-and-hold bet for ages.

Kiplinger

2 Stocks With Skyrocketing Demand

The software industry is expected to stay resilient in the foreseeable future, owing to increased investment in advanced technology and its robust demand. Given this backdrop, the strong fundamentals of Autodesk (ADSK) and DocuSign (DOCU) could make them solid buys now. Read on….

StockNews.com

March Inflation Slows to 5%, Core Ticks Up; Fed Rate Challenge Intensifies

Markets are still betting on a May Fed rate hike even as headline inflation rate slows and bank crisis simmers.

The Street

Jobs Report: 236,000 New Hires In March, But Wage Growth Eases; Unemployment Slips to 3.5%

A softer-than-expected reading of annual wage growth, alongside slowing private sector job gains, contributed to a mixed March employment report Friday.

The Street

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Steer Clear of These 4 Auto Stocks

Macroeconomic headwinds might cripple the auto industry’s revenue streams this year. Hence, fundamentally weak auto stocks Luminar Technologies (LAZR), Aeva Technologies (AEVA), Nuvve Holding (NVVE), and Siyata Mobile (SYTA) might be best avoided. Keep reading.

StockNews.com

1 Travel Stock No Investors Wants to Touch in 2023

Recessionary concerns triggered by a plethora of economic headwinds have dampened market sentiments. Given the market dynamics, it could be wise to avoid weak and beaten-down travel stock Hall of Fame Resort & Entertainment (HOFV) now. Read on….

StockNews.com

Bring Quality Insurance Into Your Portfolio With These 3 Stocks

Insurance is one of the most reliable sectors during economic uncertainties. Despite a challenging 2022, the insurance industry looks set to grow strongly in the long term. To that end, it could be wise to add financially strong insurance stocks Tokio Marine (TKOMY), MS&AD Insurance (MSADY), and Fairfax Financial Holdings…

StockNews.com

2 Industrial Stocks With Strong Buying Potential

Industrial production is expected to grow amid the government’s boost to enhance domestic production. Also, the adoption of newer, more advanced technologies is likely to drive long-term growth in the industrial sector. Therefore, it may be worth adding industrial stocks Allison Transmission Holdings (ALSN) and Apogee Enterprises (APOG) to your…

StockNews.com

1 EV Stock to Avoid in 2023 No Matter What

Macroeconomic issues have marred the Electric Vehicle (EV) industry to some extent. Given this backdrop, fundamentally weak and beaten down EV stock Lucid Group (LCID) might be best avoided in 2023. Read on….

StockNews.com

3 Software Stocks to Buy Before the End of March and 1 to Sell

Increased expenditure in the software sector should boost the industry’s growth. Hence, fundamentally strong software stocks Salesforce (CRM), Xperi (XPER), and Rimini Street (RMNI) might be worth buying. However, given the possibility of interest rate hikes, the fundamentally weak software stock Robinhood Markets (HOOD) might be best avoided. Keep reading.

StockNews.com

Fed Challenge Intensifies as Inflation Ticks Higher, SVB Concern Lingers

Core inflation ticked higher last month, testing the Fed's rate-hike resolve amid the ongoing turmoil from SVB's spectacular collapse.

The Street

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The Guardian - US

Avoiding the ‘B-word’: is the US response to SVB’s collapse a bailout?

Given the antipathy towards Wall Street bailouts in the 2008 crisis, Biden is at pains to stress that ‘no losses’ will be borne by taxpayers

The Street

Jobs Report Shows 311,000 New Hires, But Wage Growth Slows, Easing Inflation Fears

A bigger-than-expected February jobs gain was offset by easing wage pressures, highlighting the complexity of the domestic labor market.

The Street

Hackers to Ramp Up Their Game During March Madness

A surge in cyber attacks is expected as curiosity and betting rises in March Madness, the college basketball tournament.

Tribune News Service

Comcast hypes 10G network. Is it twice as good as 5G? Actually, there’s no comparison

Just when you finally traded up to a 5G phone, Comcast’s newest marketing campaign promises to hook you up to its 10G Network.

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The Street

Buying a New Car: Here's How to Save Money

With supply chains stabilizing and interest rates elevated, new-car discounts are back on the table.

Investors Business Daily

Dexcom Pummeled On A New FDA Clearance For Key Rival Abbott Laboratories

Dexcom stock toppled Monday after the FDA cleared Abbott Laboratories to pair its body-worn glucose monitors with automated insulin pumps.

The Guardian - UK

The week in TV: Unforgotten; Coronation Street; Django; A Whole Lifetime With Jamie – review

Nicola Walker’s successor doesn’t mind stepping on a few toes; Corrie tackles a difficult subject; and the creator of Stath Lets Flats takes a turn for the surreal

The Street

Cable and Pay TV Lost a Sickening Amount of Subscribers Last Year

Are there any more cords left to cut?

The Street

INTERVIEW: IHOP and Applebee's Owner Planning Menu Overhaul Post-Acquisition

Dine Brands CEO John Peyton talked to TheStreet about inflation, a new acquisition and dining trends.

The Street

Royal Caribbean Follows Carnival In Making Key Service Cut

First, the cruise line cut back its main dining room menus, offering fewer choices each night, now it appears to be making another cost-saving move.

The Street

Russia Engages With Ukraine on Cyber Battlefield

Criminals are turning more to cyberattacks instead of engaging in physical wars.

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