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☆ Global equity funds post second weekly inflows in a row
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

Refinitiv Lipper data showed global equity funds obtained $5.24 billion worth of inflows during the week, a tad higher than the previous week. Fund flows: Global equities, bonds and money marketEuropean equity funds received $7.06 billion, while Asian equity funds obtained $1.16 billion. Meanwhile, global bond funds also had inflows for the third consecutive week, drawing $13.23 billion worth of money. Investors purchased global corporate funds worth $3.74 billion, with high-yield funds luring $2.1 billion. Fund flows: Global equity sector fundsGlobal money market funds faced their first outflow in four weeks, suggesting increased investor risk appetite.

Emergency room visits related to three of the most disruptive viruses — the flu, respiratory syncytial virus and Covid — are falling nationwide. "We were really curious to see what this year would look like" following several years of almost no flu, Thomas said. Flu hospitalizations for very young children in Tennessee have already reached peak levels seen in other bad flu seasons, at 12.6 per 100,000, the new study found. While most flu cases so far have been A strains of the virus, B strains tend to pop up by spring. "I do suspect that we will have more bumps in the road this respiratory viral season," Passaretti said.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Inflation cools, Microsoft job cuts
▼ + stars: | 2023-01-18 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

But I think this Club stock has broken away from the pack. Wells Fargo cuts price target on Goldman Sachs (GS) to $390 per share from $400 after Tuesday's earnings disappointment. UBS cuts price target on UnitedHealth (UNH) to $550 per share from $590 after a largely solid quarter; keeps neutral (hold) rating. Analysts also reiterated their $185-per-share price target on the Club stock, which represents over 38% upside from Tuesday's close. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cramer: This market is split in two and only one part is worth owning right now
▼ + stars: | 2023-01-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Why didn't those who think Powell is a doofus speak up and say maybe he's gotten it right? Its market cap looks too big, but it might actually be right because of its service revenue. The rest of the market, including stocks like Micron, will trade as it has in any recession. But the bottoming process for high-growth tech is pretty unfathomable because it was never valued right in the first place. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Here’s our third-quarter earnings report card for all the stocks in our portfolio
▼ + stars: | 2022-12-27 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts. Danaher (DHR) reported sales and earnings beats on the back of better-than-expected results in all three segments of the health technology company. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Still the luxury hotel and casino company reported solid third-quarter results boosted by its U.S. properties. Amazon (AMZN) reported results that were disappointing, to say the least, and compounded by guidance that was even worse.

☆ 13 Best Women’s Ankle Boots, According to Style Pros
▼ + stars: | 2022-12-22 | by ( ) www.wsj.com time to read: +7 min

By Rachel MoselyWhen it comes to comfort and style cred, it’s hard to outmatch the ankle boot. To that end, we’ve asked fashion stylists to share their favorites—the ankle boots they snap up for their clients and themselves. Retro-chic kitten heelThis modern spin on a kitten heel boot comes in five different hues of nappa leather and suede to suit any style personality. Go-to work bootYou don’t have to sacrifice form to have a functional day boot. Loafer-inspired hybridWhen it comes to splurge territory, Young favors this Gucci ankle boot, which offers a feminine twist on a menswear-inspired look—one of her favorite trends.

[1/4] Chairman Thomas Jordan of the Swiss National Bank (SNB) looks on as he attends a news conference in Bern, Switzerland December 15, 2022. Although Swiss inflation plateaued at 3% in November, it remains elevated by the country's own standards and outside the SNB's price stability goal of annual increases of 0-2%. The European Central Bank is expected to increase its deposit rate by half a percentage point later on Thursday, according to a Reuters poll, while the Bank of England is also forecast to add 50 basis points to its Bank Rate. In its latest forecast on Thursday, the SNB said it expected inflation rates of 2.9% in 2022, 2.4% in 2023 and 1.8% in 2024. Inflation was then expected to rise again, to 2.1% in the third quarter of 2025, the central bank said - above its price stability goal.

☆ 'People need to temper their expectations': A former top TD Ameritrade technical analyst says stocks have another 19% to fall before bottoming as recession looms and investors wrongly anticipate a Fed
▼ + stars: | 2022-12-10 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Year-to-date the S&P 500 is down 17% as the Fed tightens policy to rein in inflation. Bierman is the chief market technician at TheoTrade, and held the same position at TD Ameritrade between 2007-2015. The Fed has been tightening policy this year at the fastest pace in decades in an effort to cool the highest inflation rates since the early 1980s. The second problem is that the US economy is already in a recession, Bierman says. But the number one indicator for Bierman that the US economy is in recession is the yield curve.

☆ Japan business mood up, global slowdown weighs on outlook -poll
▼ + stars: | 2022-12-06 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

Reflecting uncertainty in the outlook, however, the monthly poll, which parallels the Bank of Japan's (BOJ) tankan quarterly survey, found large manufacturers expected business conditions to hold steady in the coming three months, while the service-sector had a worsening outlook. The December sentiment index for large manufacturers stood at +8, up from +2 a month earlier, according to the survey, which was conducted from Nov. 22 to Dec. 2. The service-sector index rose to +25 from the +20 seen in November. For big manufacturers, the Reuters December index value was down 2 points from September, suggesting that the next headline figure from the BOJ tankan index for them will slip a tad. The service-sector index was 14 points higher in December than three months earlier.

☆ Dollar holds firm on hawkish Fed bets, Aussie tad higher after RBA
▼ + stars: | 2022-12-06 | by ( Kevin Buckland | ) www.reuters.com time to read: +3 min

It had dipped to 104.1 for the first time since June 28 as traders continued to rein in bets of aggressive Fed tightening. "The dollar really kicked butt across the board," said Bart Wakabayashi, branch manager at State Street in Tokyo. Investors had been on watch for signs of a pause in tightening after inflation unexpectedly cooled last month. "And with the RBA expecting inflation to continue higher and household spending remaining strong as ever, then the RBA may well hike by another 25 bps in February and March before reassessing." In recent days though, RBA policy has taken a back seat to optimism about an easing of strangling COVID-19 restrictions in China, a top trading partner.

☆ Spain tourism soars in October, approaches pre-pandemic levels
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: 1 min

MADRID, Dec 2 (Reuters) - The number of foreign tourists visiting Spain in October soared 39% from the same month last year to 7.18 million, but remained a tad below the 7.59 million tourists who came in October 2019, official statistics showed on Friday. Foreign tourists spent 8.30 billion euros ($8.73 billion) in Spain in October, up from 5.61 billion euros in the same month last year and almost as much as the 8.32 billion euros in October 2019, data from the statistics institute INE showed. ($1 = 0.9509 euros)Reporting by Inti Landauro and Joao Vicente; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ India's economy likely slowed to annual 6.2% in July-Sept: Reuters poll
▼ + stars: | 2022-11-28 | by ( Indradip Ghosh | ) www.reuters.com time to read: +2 min

Summary Data due at 1200 GMT on Wednesday, Nov. 30BENGALURU, Nov 28 (Reuters) - The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after double-digit expansion in the previous quarter, but weaker exports and investment will curb future activity, a Reuters poll showed. In April-June, Asia's third-largest economy showed explosive growth of 13.5% from a year earlier thanks mainly to the corresponding period in 2021 having been depressed by pandemic-control restrictions. The 6.2% annual growth forecast for latest quarter in a Nov. 22-28 Reuters poll of 43 economists was a tad lower than the RBI's 6.3% view. Meanwhile, the RBI raised its key policy interest rate to 5.9% from 4.0% in May and is widely expected to add another 60 basis points by the end of March. "Between December and February, the headwinds to growth may become more evident," said Deutsche Bank's Das.

DOHA, Nov 26 (Reuters) - Kylian Mbappe's meteoric rise showed no sign of stopping as the France forward sealed the holders' 2-1 win against Denmark to send them into the last 16 of the World Cup on Saturday. Mbappe has now scored 31 goals in 61 appearances for France - well on the way towards the all-time record of 51 held by Olivier Giroud and Thierry Henry. Mbappe has seven goals at World Cup tournaments - only behind Just Fontaine, who scored a record 13 in 1958, and already ahead of Henry's six in four visits to the finals. He is part of a collective that is very strong and has this goal of winning the World Cup in mind," Deschamps added. For the first goal, he benefited from fullback Hernandez's threat on the left wing to pounce after their one-two.

☆ Nvidia's quarter fails to excite but offers enough hope that October's bottom can hold
▼ + stars: | 2022-11-16 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

That said, encouragingly, the team expects Gaming inventory levels to approach normal levels as we enter calendar year 2023. Fourth quarter guidance was underwhelming, but it was encouraging to hear management say they expect to see sequential growth in Data Center, Gaming, and Automotive. Segment Q3 sales Data Center revenue grew 31% to $3.83 billion, a tad short versus the $3.84 billion consensus. Gaming revenue fell 51% to $1.57 billion, but it was better than expectations of $1.33 billion. Capital Allocation In its fiscal third quarter, Nvidia returned a total of $3.75 billion to shareholders via dividends and buybacks.

☆ Lindsay Lohan's 'Falling for Christmas' isn't what you hoped it'd be -- it's so much more
▼ + stars: | 2022-11-12 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +4 min

Aliana Lohan, Lindsay Lohan and Chase Ramsey in "Falling For Christmas." You don’t need a crystal ball for the rest, nor should anyone have the delightful cheesiness and bacon redemption that takes place next ruined for them. It’s a joyful reminder that you don’t need to lose your memory to remember how precious fresh starts are. Lohan’s magic power has always been bringing to life films that have the simple goal of being unchallenging delights. If for that and that alone, “Falling for Christmas” is a gift.

☆ England storm into World Cup final with 10-wicket rout of India
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +3 min

ADELAIDE, Nov 10 (Reuters) - Alex Hales and captain Jos Buttler shone in a record unbroken opening partnership as a ruthless England humiliated India by 10 wickets at Adelaide Oval on Thursday to storm into the Twenty20 World Cup final. England, who won the 50-over World Cup on home soil in 2019, can now become the first team to hold both global trophies in white-ball cricket when they meet Pakistan in Sunday's final at the Melbourne Cricket Ground. Their 170-run stand was the biggest opening partnership in T20 World Cup history and England's biggest for any wicket at the tournament. It set up a mouthwatering duel against Pakistan, 30 years on from the teams' 50-over World Cup final in 1992 at the MCG which the south Asians won. England had to make changes for the semi-final, with pace spearhead Mark Wood and number three batsman Dawid Malan out injured.

☆ INDIA STOCKS Indian shares set to open lower ahead of US inflation data
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Nov 10 (Reuters) - Indian shares are expected to open a tad lower on Thursday, with investors bracing for crucial U.S. inflation data that will provide clues about the severity of Federal Reserve's future interest rate hikes. Foreign institutional investors bought net of 3.87 billion Indian rupees ($47.51 million) equities on Wednesday, while domestic investors sold 10.60 billion rupees of shares, as per provisional data available with the National Stock Exchange. ** Indian port operator Adani Ports (APSE.NS) acquired a 49.38% stake in petroleum logistics service provider Oiltanking for 10.5 billion rupees. ** Indian sugar mills are aggressively signing export deals, contracting for about 1 million tonnes just four days after New Delhi approved exports. read more($1 = 81.4650 Indian rupees)Reporting by Nallur Sethuraman in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

This standoff will shift the terrain only by inches, even if it does help change which party has technical control of Congress. As for resolving the larger argument, that’s still a decision that the country makes during presidential elections, not midterms. For Republicans, a populist questionNeither party is currently prepared for the coming 2024 fight because both have unresolved internal issues that the midterm results may put into sharper focus. But the fact of the matter is, they are losing on the crime issue — not by a little, but a lot. But just because the fight is public and ugly, doesn’t mean it isn’t necessary and eventually helpful ahead of 2024.

☆ We still believe in AMD's future potential, but near-term results make it difficult to see
▼ + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Advanced Micro Devices (AMD) reported fiscal third-quarter results that missed lowered expectations on after the closing bell Tuesday. Revenue in AMD's third-quarter increased 29% to $5.57 billion, missing estimates of $5.62 billion. Data center revenue remains resilient thanks to strong North American cloud demand, where AMD is strongest, while Embedded segment sales benefited from strong end market demand. While the long-term drivers of growth — cloud computing, gaming, and digitization — appear fully intact, the near-term issues must be resolved. Gaming revenue was $1.6 billion, up 14% year over year and also in line with estimates driven by higher semi-custom product sales.

☆ Microsoft's drop on a weaker guide doesn't reflect the long-term potential of the stock
▼ + stars: | 2022-10-25 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Despite strong headline results, shares fell roughly 6.5% in extended trading on lighter Azure cloud growth and weaker forward guidance. Note: Constant currency growth rates, which is what we will cite in this report, help strip out fluctuations in foreign currency, namely a strong U.S. dollar, to provide a clearer financial picture. Xbox Content and Services revenue ticked up 1% in constant currency, while Xbox hardware sales jumped 19% in constant currency. Management expects Azure revenue growth to be lower sequentially by roughly five percentage points on a constant currency basis. Despite coming up a bit short versus estimates, Microsoft is still generating a ton of cash.

While the revenue of both companies beat expectations thanks to the rollout of 5G, delayed royalty payments meant their core profit missed analysts' expectations. Shares in Ericsson slumped 12% and were the worst performers in the STOXX 600 (.STOXX) while Nokia shares fell almost 5% to be among the worst. Companies such as Ericsson charge $2.50 to $5 for every 5G handset they sell and come under pressure when negotiating new contracts. Ericsson's quarterly royalty revenue fell 1.1 billion Swedish crowns ($98.24 million) as it battled companies such as Apple (AAPL.O) over patents. Nokia's patent revenue was down by 62 million euros ($60.67 million), mainly due to a dispute with Oppo and Vivo.

☆ Celestiq EV is GM’s most audacious Cadillac since Great Depression
▼ + stars: | 2022-10-18 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

Oct 17 (Reuters) - General Motors Co's (GM.N) Cadillac brand on Monday pulled the wraps off the Celestiq, a $300,000-plus flagship electric vehicle that is the brand's most audacious new model since the 1930 Cadillac Sixteen. Unlike the 16-cylinder roadster that was launched just months after the 1929 crash, the 2024 Celestiq has no monster gasoline engine under its long hood. Instead, it boasts twin electric motors producing 600 horsepower and a 111-kilowatt-hour battery pack shared with GM's Hummer EV. The Sixteen could be ordered in 1930 in several body styles, including roadster, coupe, sedan and limousine. The late historian Beverly Kimes noted that the 1930 Cadillac Sixteen Town Brougham was priced at just over $9,000, or roughly $163,500 in today's money.

☆ India's retail inflation rate likely peaked in September - analysts
▼ + stars: | 2022-10-13 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +2 min

MUMBAI, Oct 13 (Reuters) - India's consumer price-led inflation is expected to gradually decelerate after September, helped by a fall in commodity prices and easing food inflation, analysts said. India's annual retail inflation accelerated to a five-month high of 7.41% in September from 7% in the previous month, data released on Wednesday showed. Food inflation, which accounts for nearly 40% of the CPI basket, rose 8.60% in September, compared to 7.62% in August. However, helped partially by easing global commodity prices, India's inflation rate should moderate from here, likely reaching "a tad below" the 6% mark by February or March, Morgan Stanley said in a note. Credit Suisse said that the October inflation rate will likely be 1% lower given a higher base, especially for food prices.

☆ Christopher Columbus is the target in bestselling Native American author's new comic, and Hollywood wants in on it
▼ + stars: | 2022-10-10 | by ( Mike Calia | ) www.cnbc.com time to read: +2 min

NEW YORK – Even in fourth grade, Stephen Graham Jones thought the heroic story of Christopher Columbus was a crock. said Jones, author of The New York Times-bestselling supernatural thriller "The Only Good Indians" and a member of the Blackfeet Native American tribe. (A 2002 episode of "The Sopranos" depicted members of the Italian crime family fighting Native Americans who are protesting Columbus Day.) "I've only gotten support and people agreeing that if we could, we should go back and take Columbus out," Jones said in an interview Friday at New York Comic Con. By the end of the first issue, Tad fears he is becoming a monster.

☆ 'Walker Independence' and 'The Winchesters' review: These are far from pioneering prequels
▼ + stars: | 2022-10-06 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —If all shows were animated like “The Simpsons,” networks wouldn’t need to strain to keep them alive. Yet live-action dramas come with shelf lives, which explains the CW’s twin attempts to extend two of its franchises with prequels: “Walker Independence,” a back-to-the-Old-West adjunct to its Texas Ranger reboot; and “The Winchesters,” a one-generation-back rekindling of the “Supernatural” flame. The main problem with “Walker” is the events that set the show in motion feel much better tailored to a limited series than an open-ended run. For now, “Walker Independence” (which, yes, will follow “Walker”) and “The Winchesters” come blessed with name recognition, but creatively speaking, first impressions say that the network has dipped into the prequel well twice too often. “Walker Independence” premieres October 6 at 9 p.m.

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