DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Michael Reinking - 3 — - 2 Reinking - 1 Kevin McCarthy - 1 ” - 1 Mark Twain - 1 ” Sam Bankman - 1 Sam Bankman - 1
Top related locs:
Yemen Israel Gaza New York America’s Congress United States Ukraine China
Top related orgs:
Treasury - 2 Service - 2 NYSE - 2 Dow Jones - 2 US Navy - 1 Energy - 1 Strategic Petroleum Reserve - 1 CNN Business - 1

Search resuls for: "Michael Reinking"


11 mentions found


☆ US stock trade mixed as key bond yields near 5% and oil spikes again on Middle East conflict fears
  + stars: | 2023-10-20 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
US stocks opened mixed on Friday, as the 10-year Treasury yield hovered just below 5%. Oil prices rose and are on pace for a second week of gains as conflict in the Middle East continues. A US Navy destroyer also shot down missiles launched from Yemen that could have been headed for Israel. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUS stocks opened mixed on Friday as the yield on the 10-year Treasury hovered just below 5% while oil prices rose amid fears the Israel-Hamas conflict could spread.
Persons: —, Michael Reinking, Reinking Organizations: Treasury, US Navy, Service, Energy, Strategic Petroleum Reserve, NYSE, Dow Jones Locations: Yemen, Israel, Gaza
☆ Why Wall Street investors are freaking out
  + stars: | 2023-10-04 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
Here’s why investors are freaking out:Rates and the Fed: A surge in corporate debt sales and rising bond yields have sent stocks lower. Moody’s, the only major credit rating firm to keep a perfect score for the United States, has warned that a government shutdown would be “credit negative” for the United States. Geopolitical risks are still elevated as Russia’s war on Ukraine continues and relations between the United States and China remain tense. October also marks the end of the fiscal year for many mutual funds in the United States. Statistical evidence doesn’t quite support the phenomenon, but the level of superstitious caution on Wall Street is real.
Persons: Kevin McCarthy, ”, Michael Reinking, Mark Twain, ” Sam Bankman, Sam Bankman, Allison Morrow, Judge Lewis Kaplan, “, ” Kaplan, SFB, SBF, Caroline Ellison, Bernie Madoff, Chris Isidore, Vanessa Yurkevich Organizations: CNN Business, Bell, New York CNN, Dow, Federal Reserve, Fed, Markets, Republicans, “, Prosecutors, GM, Ford, Motors, United Auto Workers, Michigan Assembly, Jeep, Dodge, Chrysler, UAW Locations: New York, America’s Congress, United States, Ukraine, China, Manhattan, Fairfax, Kansas City , Kansas, Toledo, Lockport, Michigan, Wayne , Michigan, Kokomo , Indiana
☆ US stocks climb as bond yields slip from 16-year highs
  + stars: | 2023-09-28 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
US stocks moved higher on Thursday, while bond yields fell. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUS stocks closed in the green on Thursday as bond yields retreated from multi-year highs. Investors pushed stocks higher as they try to rebound from steep losses in the month. At the same time, continuing claims moved higher to 1.67 million, just below estimates.
Persons: —, we've, Michael Reinking Organizations: Dow Jones Industrial, Service, Treasury, NYSE, Labor Department, Dow Jones, Nasdaq
☆ Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector
  + stars: | 2023-03-09 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +4 min
Bank stocks plunged on Thursday as investors assessed the potential fallout from the implosions of Silicon Valley Bank and Silvergate Capital. SVB Financial surprised investors with lowered guidance, a $2.3 billion capital raise, and a massive $1.8 billion loss from its bond portfolio. "Part of the problem is Silicon Valley [Bank] had been telling investors up until a couple weeks ago that their guidance was intact. Piling onto the mess in the banking sector on Thursday is the development that crypto-oriented bank Silvergate Capital would wind down its operations. NYSE senior market strategist Michael Reinking shared similar sentiments, telling Insider that the sharp decline at Silicon Valley Bank was "sending shock waves through the financials."
☆ US stocks slip as investors brace for an 8th consecutive Fed rate hike
  + stars: | 2023-02-01 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +2 min
US stocks slipped Wednesday ahead of the Federal Reserve's interest rate hike decision. Investors expect policymakers to raise rates by 25 basis points, which would mark the eight consecutive hike since last March. In December, the Fed raised rates by 50 basis points after four straight hikes of 75 basis points. "[Powell's] message will likely continue to focus on the duration of time rates will stay at a restrictive stance," Reinking said. "How he couches where we are in achieving that restrictive stance will be closely watched."
☆ There's a massive disconnect between markets and the Fed - and Jerome Powell's messaging could fall upon deaf ears
  + stars: | 2023-02-01 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +7 min
Let's break down what to know ahead of the Federal Reserve's widely expected interest rate hike today. Today's rate hike decision probably won't surprise anyone, as markets have long priced in a 25-basis-point move for the February and March meetings. Goldman said he'll be watching for three things in Powell's speech:Powell will talk tough: "He's going to push back on financial markets. In any case, according to Reinking, unless Powell musters up some serious aggression, any messaging will ultimately fall upon deaf ears. What will your investment strategy look like following another interest rate hike from the Fed?
☆ Everything you want to know about Big Tech's disappointing earnings
  + stars: | 2022-10-31 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
For today's newsletter, I caught up with some finance pros over the weekend to get a sense of what we can learn from last week's earnings disappointments. Tech earnings were a huge disappointment and analysts don't see much relief on the horizon. "The common thread between the mega cap tech earnings reports this week is the companies' unwillingness to cut costs aggressively ahead of an economic slowdown, in spite of investor expectations," he said. What was your biggest takeaway from last week's Big Tech earnings? On the company's earnings call, its CFO said the surging dollar has cost Amazon more than $900 million more than expected.
☆ Tech companies like Amazon and Meta are warning of tough times ahead — and only some are prepared
  + stars: | 2022-10-30 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +6 min
While Apple is a "bright spot," Meta, Alphabet, and others are in for a tough few months, analysts say. All signs point to choppy waters ahead — for tech giants, the people they employ, and the users they serve. So, if things are getting bad, how are the big tech companies likely to fare? AppleApple is in the best shape, a "bright spot" amid otherwise grim big tech earnings, Wedbush analyst Dan Ives wrote in a note. Goldman Sachs analysts wrote in a note Tuesday that there's potential for a rebound next year.
☆ Tech earnings just flopped. From Amazon to Meta and Microsoft, here are the biggest takeaways
  + stars: | 2022-10-29 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +4 min
Tech heavyweights like Meta, Amazon, and Microsoft flopped this past week, while Apple reported mixed results. Experts explain the obstacles in front of Big Tech, and what the takeaways from earnings are. Apple proved to be the lone strong point among Big Tech stocks. Weakness in digital advertisingAs the broader economy slows down thanks to the Federal Reserve's interest rate hikes, tech companies have faced a softening in advertising revenue. Big Tech spendingMeta, Alphabet, Microsoft and Amazon reported deceleration in key business lines, but all four insisted they will continue to invest despite the slowdown, Gil Luria, technology strategist at D.A.
☆ Wall Street is fed up with Meta - but Zuck’s full steam ahead with his massive metaverse bet.
  + stars: | 2022-10-28 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +7 min
Since Meta reported earnings on Wednesday, its stock has shed more than 23%. Everyone on Wall Street is mad that Meta keeps spending so much. Investors and analysts took the day yesterday to digest the tech giant's latest earnings, and it's clear patience is wearing thin. Mega-cap tech stocks like Zucks' behemoth are facing a possible crisis, with other giants like Google parent Alphabet reporting slowdowns in digital advertising growth. Wall Street is grappling with the "revenge of the old economy" as tech and growth stocks crash.
☆ The Fed has to balance its latest rate hike with trying not to tank the economy. Here's what to know.
  + stars: | 2022-09-21 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +7 min
Today, I'm breaking down what to know about the Fed's third jumbo rate hike, and how markets could look in its aftermath. In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. A third, outsized rate hike is an unprecedented move by the Federal Reserve. For this meeting in particular, billionaire David Rubenstein warned that a 100-basis-point hike this week would shock and depress markets and investors. What's on deck for markets after a third consecutive large rate hike?
0 next >>
Total: 11