KeyBanc raised its price target for Meta’s stock because of healthy fundamentals that don’t even include the boost from Threads.
Market Extra: ‘Nowhere to go but down’: Russia’s ruble seen falling further but at a slower pace, analysts say
The Russian Central Bank is ready to sacrifice the ruble for a balanced budget and the only way is down, say analysts.
The Tell: Here’s the new pain trade, and it involves rates, tech stocks and the Japanese yen, says Bank of America
According to Bank of America strategists, the new pain trade, so to speak, would be lower bond yields with a lower Nasdaq and a stronger Japanese yen.
Need to Know: Don’t fear the bond yield spike, stocks can rally more, reckons this analyst
The link between bond and equity prices has suddenly tightened so the jobs data on Friday may hold the key for markets at the end of the week.
: As U.S. bakes in heat wave, renters are less likely than homeowners to have air conditioning
Renters are disproportionately people of color and low-income people.
: Veterans have less than 6 months to make this change to their pension
A military pension for military spouses and children is open until the end of 2023
: Death is getting more expensive — would you consider a DIY funeral?
Americans have become ‘hyper focused’ about the cost of living — and dying.
: Threads exceeds 100 million users. But, honestly, does the world really need another social-media site?
‘Let’s all go back to MySpace,’ says one social-media researcher. ‘What was wrong with MySpace? MySpace was fun.’
: The surprising way COVID-19 impacted Social Security
The pandemic led to office closures and exacerbated the digital divide
Movers & Shakers: Levi Strauss shares tumble on outlook cut, Mallinckrodt and Alibaba shares rise and more stocks on the move
Mallinckrodt, Levi Strauss, Alibaba, Costco and EV makers Nikola and XPeng were all on the move ahead of Friday’s market open.
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