Here’s what time Samsung Galaxy Unpacked 2023 starts, where to watch, and what to look out for at this year’s product launch event being held in South Korea
In One Chart: It’s the ‘late-day selloff’ in stocks that characterizes Fed days under Powell
The stock market lately is prone to falling on Federal Reserve rate decision days, particularly in late afternoon when Chairman Jerome Powell starts talking, according to Bespoke Investment Group.
FA Center: Nasdaq 100 has lightened up on Big Tech stocks, but investors don’t seem to care
Recent ‘special rebalancing’ is unlikely to hurt the performance of the index itself or the stocks that are affected.
The New York Post: Ancient oil lamps lent by Israel to Trump White House in 2019 reportedly remain at Mar-a-Lago
The antiquities, which were to be returned to Israel within weeks of a Hanukkah candle-lighting event, instead were moved to the former president’s residence and membership club in Florida.
The Tell: Cost of betting on a stock-market crash is cheapest since 2008, says BofA
Traders who expect the stock market to crash sometime during the next year are in luck: The cost of betting on a blowup hasn’t been this cheap since at least 2008, according to a team of analysts at BofA Global Research.
Dow Jones Newswires: Crane lifts 2023 sales, adjusted operating margin forecasts
Industrial-products maker Crane raised parts of its 2023 outlook on Tuesday.
Earnings Results: Microsoft earnings top estimates, but stock falls as execs detail AI’s costs
Microsoft topped profit and revenue expectations for its latest quarter, though shares were moving lower after the company discussed the year ahead.
Key Words: Romney says Republican presidential no-hopers must bow out by Feb. 26 to stop Trump
Republican Sen. Mitt Romney of Utah doesn’t want Donald Trump to be his party’s presidential nominee in 2024. He has a proposal for other contenders.
: PacWest stock rockets 30% after Banc of California confirms plan to buy troubled bank
PacWest’s stock rises more than 30% in the after-hours session as it agreed to combine with Banc of California.
Earnings Results: Visa earnings benefit from ‘resilient’ spending, though stock dips as growth slows
Visa continued called out robust spending trends as the payment-technology giant topped earnings and revenue expectations for its latest quarter.
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