Do you feel like you’ve heard a lot more about AI in 2023? A MarketWatch analysis shows you probably have, although from roughly the same number of sources.
: Dick’s Sporting Goods will sidestep retail spending weakness, analysts say
Retailers have seen a pullback in discretionary spending this earnings season.
Market Extra: What stock-market investors want to hear when Fed’s Powell testifies before Congress this week
A modest U.S. stock-market recovery from last year’s carnage will be again put to the test this week, as investors closely watch Powell’s testimony to Congress for clues to whether the recent market discussion of interest rates going “higher for longer” is justified.
Living With Climate Change: Big Oil must decarbonize quicker, says UAE energy exec running the next U.N. climate summit
Renewables capacity must triple by 2030, Sultan al-Jaber, head of the UAE’s energy giant and president-designate for its upcoming U.N. COP28, tells CERAWeek.
: The drop in used-car prices might have been temporary. What to expect as spring buying season gets under way
An uptick for wholesale used-car prices in February has put retail used-car buyers on notice just as the market is seasonally strong, buoyed by tax-return checks.
Market Extra: China-focused ETFs drop after country announced growth target near ‘low end’ of market expectations
Exchange-traded funds that buy Chinese stocks were trading down Monday after China announced at its annual legislative session over the weekend a growth target near the low end of market expectations.
The Ratings Game: GE’s stock climbs to a near 2-year high after longtime skeptical analyst hands off coverage
GE’s stock rallied Monday after JPMorgan’s longtime skeptic Stephen Tusa handed coverage over to two colleagues, who raised the price target by 76%.
The Ratings Game: Apple’s stock rises again after Goldman says to buy, citing nearly 30% upside potential
Apple’s stock rallied to a third straight gain after a Goldman analyst recommended that investors buy, given the stock’s nearly 30% upside.
: Vanguard gets fresh pressure from retirement investors for relaxing its climate-change stance
Letter backed by 1,400 customers charges Vanguard with ‘breach of fiduciary duty’ and lagging the financial-services industry when it comes to climate and ESG.
: Biden backs tax hike on investment income to bolster Medicare, as he rolls out his budget proposal
President Biden is due to give a speech Thursday about his proposed budget in the swing state of Pennsylvania, but some details are already out.
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