Investors who buy low-beta growth stocks such as Boston Scientific and Mastercard right now could see better performance as a result, according to Trivariate Research. Softening economic data and concerns around the Trump Administration’s new tariff policies have given the stock market whiplash. Stocks rallied on the last day of February, started off March in a selloff, and bounced back on Wednesday as the White House offered a month-long exemption on automobile tariffs, raising optimism of more concessions in the future. Still, investors are divided on whether near term market volatility can ease, given the number of unknowns regarding the…
Author: usaeverydaylife
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. While family offices pride themselves on investing for the long term, this week’s tariff volatility and confusion around government policy is causing many to slow their deal-making, according to experts. The S & P 500 was down 1.3% on Thursday alone, and all three major averages were down roughly 3% so far this week on the implementation of tariffs on Mexico, Canada and China.…
Nigel Farage’s insurgent Reform U.K. party has attracted more than a dozen donors from Britain’s once dominant Conservative Party, an analysis of new data reveals, underlining the threat the Tories face from a right-wing populist party that models itself on President Trump’s MAGA movement.In total, Reform U.K. raised 4.75 million pounds ($6.1 million) last year, a sharp increase from the less than $200,000 that the party raised in 2023. A third of the money came from former donors to the Conservatives.The New York Times analyzed every donation that Reform U.K. reported to Britain’s campaign finance watchdog in 2024, including figures…
It’s time to step to the sidelines on MongoDB after its latest earnings report suggested a disappointing outlook for the stock, according to Wells Fargo. Analyst Andrew Nowinski downgraded the database software maker to equal weight from overweight, and lowered his price target, after MongoDB issued weaker-than-expected full year guidance because of slow growth in its Atlas cloud-based database service. MongoDB forecasted adjusted earnings per share of $2.44 to $2.62 and revenue of $2.24 billion to $2.28 billion for fiscal 2026, implying a revenue growth rate of 12.7% that is the slowest for the company going back to its public…
Elon Musk reacts on the day of U.S. President Donald Trump’s speech to a joint session of Congress, in the House Chamber of the U.S. Capitol in Washington, D.C., U.S., March 4, 2025. Evelyn Hockstein | ReutersElon Musk’s Department of Government Efficiency abandoned some of its plans to slash contract spending for veterans’ health care services this week after a revolt by front-line Veterans Health Administration employees who contended many of the cuts would imperil safety at the agency’s almost 1,400 hospitals and clinics. What had been a list of 875 VA contracts scheduled for termination a little over a week ago has now…
German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led to industry-wide delivery delays, CEO Carsten Spohr said Thursday.The company expects 2025 will be the year when it starts to recieve aircraft for which it has been “waiting for so long now,” Spohr told CNBC’s Annette Weisbach.In results published Thursday, Lufthansa reported a 39% year-on-year drop in earnings before interest and taxes (EBIT) to 1.645 billion euros ($1.78 billion), citing delivery delays as well as staff strikes and global price pressures. The earnings nonetheless beat consensus estimates, driving shares 13% higher by early…
The European Central Bank on Thursday cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming “meaningfully less restrictive.”The cut brings the ECB’s deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced in before the announcement.”Monetary policy is becoming meaningfully less restrictive, as the interest rate cuts are making new borrowing less expensive for firms and households and loan growth is picking up,” the central bank said in a statement Thursday.This marked a change from the ECB’s January comments, when the central bank…
Check out the companies making headlines before the bell. MongoDB – The database software maker tumbled 18% after issuing weak guidance for fiscal 2026. MongoDB anticipates adjusted earnings per share of $2.44 to $2.62, below the $3.34 per share expected from analysts polled by LSEG. It guided for revenue of $2.24 billion to $2.28 billion, versus the $2.32 billion consensus estimate. Marvell Technology – Shares of the semiconductor company slid 18% after reporting a modest beat for its fourth quarter results. Marvell reported 60 cents in adjusted earnings per share on $1.82 billion of revenue. Analysts surveyed by LSEG were…
Here are Thursday’s biggest calls on Wall Street: Evercore ISI names Amazon a top pick Evercore moved Amazon to top pick status and said it’s very bullish on Amazon Web Services. ” AMZN: AWS’ AI business is now a multi-billion dollar revenue run rate business that continues to grow at a triple-digit Y/Y percentage, growing more than three times faster at this stage of its evolution than AWS did in the early days of Cloud.” Bernstein reiterates Nvidia as outperform The firm said Nvidia has a data center opportunity that is undervalued. “The datacenter opportunity is enormous, and still early,…
Trade uncertainty weighing on chip companies, says ‘Chip War’ authorThe semiconductor industry is particularly vulnerable to tariffs due to how globally integrated its supply chains are, according to Chris Miller, Tufts Fletcher Schooler professor and ‘Chip War’ author. Even if chips are assembled in the U.S., many of the components used are not manufactured in the U.S., Miller noted. “The complexity of the supply chains makes devising a tariff policy around carve outs very, very difficult, which is why the industry is hoping there won’t be any changes at all — because they’ve been structured around the assumption that you…
