‘We grew up in a tumultuous household.’
: AutoZone’s stock slides 3% after earnings hit by weaker-than-expected March sales
AutoZone’s stock slid 3% Tuesday, after the car-parts retailer beat profit estimates for its fiscal third quarter but sales fell short.
The Tell: Investors should put more money in gold and cash as rally in stocks won’t last, top JPMorgan analyst says
A top JPMorgan Chase & Co. analyst who has been warning clients to stay away from stocks all year is doubling down and advising them to increase their allocations to cash and gold.
Economic Report: U.S. new home sales rise 4.1% in April, as buyers contend with a tough resale market
New home sales at 683,000 annual rate in April versus 656,000 in prior month.
Market Extra: Luxury goods stocks tumble as Deutsche Bank says they’re no longer a slam dunk. Blame the U.S.
Shares of LVMH, Hermès and Richemont are among the best-performing luxury goods stocks this year. Deutsche Bank smells trouble for the sector.
: U.S. could run out of cash as soon as June 2, think tank says
Bipartisan Policy Center has released a fresh analysis as Washington’s debt-ceiling standoff continues.
: Real-estate investors flee South for Midwest. Rental growth for the Sun Belt in 2023 is projected at 0%.
Investors are seeing profitability drop in the Sun Belt, according to reports, pushing them towards Midwestern markets
Deep Dive: 20 S&P 500 companies that had the best Q1 on 3 key measures — should you buy the stocks?
These companies increased quarterly sales the most while also becoming more profitable.
: PacWest’s stock soars again as part of a regional-bank rally
PacWest Bancorp’s stock shot up toward a three-week high Tuesday, part of a broader rally for the regional bank sector.
: These stock pickers led the health-fund category over the past 5 years. Here’s where they’re investing now.
Baron Health Care fund managers find growth potential in Medicare Advantage plans, obesity treatments and advances in cancer screening.
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