- August 5, 2024
How an emergency Fed rate cut to restore market confidence might backfire
Reverberating fears about a U.S. recession or slowdown has many financial-market participants bracing for something that seldom happens and requires a high bar to implement:
Growth scare, carry trade and recession fear are a toxic mix for the market
U.S. stocks could rally after the November election — but a lot has to go right. Source link
Why a Mars acquisition of Pringles maker and Kellogg spinoff Kellanova makes sense
D.A. Davidson raised its Kellanova price target, ascribing a 50% likelihood of Mars acquiring the Pringles maker. Source link
Here’s how far the stock market has to fall to trigger a circuit breaker
Stocks fell sharply Monday. Here’s how deep losses would need to be to trigger an automatic trading halt. Source link
‘Warren Buffett stayed calm and clear-headed amid chaos’: Here’s the biggest lesson I learned from the Great Recession
“Feeling like a tiny pawn in a wider global economic upheaval was humbling.” Source link
Economy still growing, ISM finds, in counter to fresh recession talk
The service side of the economy in which most Americans work rebounded sharply in July and countered the growing view that the U.S. might be
Freshpet customers are buying more in bulk to save money rather than buying less
Freshpet looks to buck the trend of a sharp selloff in the broader stock market. Source link
Thoughtworks’ stock rallies after announcing $1.75 billion takeover deal
Shares of the Chicago-based computer-services company notched double-digit gains despite broad market weakness. Source link
Nvidia’s stock slides, but these analysts aren’t panicking about reported delays
A report says Nvidia’s new Blackwell chip could be delayed by months, but one analyst says that could actually help gross margins. Source link
Oil prices sharply lower as global stock-market rout sparks selling
Oil futures were sharply lower to begin the week on Monday, pulled down by a continued rout in global equity markets sparked by fears the