Share to Twitter Share to Linkedin Key takeaways An earnings recession may be imminent as consumer spending slows and high costs undercut profits on Wall Street As inflation and layoffs continue, talk of an earnings recession has investors worried Investors can protect themselves by diversifying their portfolios to include defensive stocks The financial world has been sounding the alarm recently over a potential recession in the U.S. and the global economy. The Federal Reserve is still fighting inflation, big tech companies are continuing layoffs, and companies are gearing up to report their 4th quarter earnings. With that, fear of an earnings recession is mounting. Morgan Stanley's investment chief warned clients that incoming earnings reports would underwhelm investors, potentially pushing major stock indexes to two-year lows even if the economy avoids a recession. As we head into earnings season, investors are keeping watch to see if … [Read more...] about What Is An Earnings Recession, And How Does It Affect Stock Prices?
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Late Apple Leak Pours Cold Water On iPhone 14 Price Rises
Share to Twitter Share to Linkedin Multiple leaks claim Apple’s new iPhone 14 range is getting more expensive, and fans are braced for significant price increases on iPhone 14 Pro models . But what if they are wrong? In a wide-ranging new blog post, citing sources with final iPhone 14 and iPhone 14 Pro production devices, leaker yeux1122 claims “prices may be in a completely different direction than expected.” Shocking as this may seem at this late stage, yeux1122 has a history of going against the tide and being right. While yeux1122 doesn’t expand on this, “a completely different direction than expected” indicates prices are going down, not up. And there is evidence to support this. Pricing for last year’s iPhone 13 started at $799, and the iPhone 14 will use the same chassis, rear cameras, display and chipset. Yes, global inflation is running high, but phone parts tend to drop like a stone once they are no longer cutting edge. This is why Apple … [Read more...] about Late Apple Leak Pours Cold Water On iPhone 14 Price Rises
Oppo Reno 8T 5G launched in India with Android 13, triple camera setup, Snapdragon 695 SoC
(Image Courtesy: Oppo) Oppo Reno 8T 5G smartphone has been launched in India. The Android 13 handset has a triple camera module, and a glow design back cover that Oppo says has been etched with pyramid-shaped crystals at a microscopic level. Besides the smartphone, Oppo launched the Enco Air 3 TWS earbuds. Also Read | Realme GT Neo 5 with Snapdragon 8+ Gen 1 SoC, 240W Charging, RGB LED Light launching on February 9 Oppo Reno 8T 5G pricing and availability The Reno 8T 5G will be available in sunrise gold, and midnight gold color variants in India, and will be sold online on Flipkart, Oppo's official online store, and authorized retail outlets starting from February 10th. The phone is priced at Rs 29,999 for the lone 8GB RAM + 128GB storage variant. Read More Customers can avail 10 percent cashback and no-cost EMIs for 6 months on ICICI, SBI, Kotak Mahindra, Yes, IDFC, One Card, AU Small Finance, and IndusInd Bank cards. You can also get up to Rs … [Read more...] about Oppo Reno 8T 5G launched in India with Android 13, triple camera setup, Snapdragon 695 SoC
Acer Aspire 3 debuts as first laptop with AMD Ryzen 7000 series processor in India
Acer has launched a new laptop in its Aspire series in India. The Acer Aspire 3 debuts as the first laptop in India with the AMD Ryzen 7000 series CPU, which is built on the 6nm process and uses AMD’s latest Zen 2 architecture. Acer Aspire 3 Price in India The Acer Aspire 3 price in India is set at Rs 47,990. Acer’s AMD Ryzen 7000 laptop can be purchase from Acer Exclusive Stores, Acer E-store, Vijay Sales, Amazon India, and Acer stores pan India. Acer's new laptop under Rs 50,000 comes in a vibrant silver colour option. Acer Aspire 3 Specifications The new Acer Aspire 3 is powered by the AMD Ryzen 5 7000 series processor with up to 4 cores and 8 threads. The laptop features an enhanced thermal system and additional 17 percent thermal capacity thanks to the improved 78 percent increase in fan surface area. Read More Sudhir Goel, Chief Business Officer, Acer India, said, “Due to its combination of potent performance and affordable pricing, our Aspire … [Read more...] about Acer Aspire 3 debuts as first laptop with AMD Ryzen 7000 series processor in India
Vivek Bajaj points at role of high-frequency trading algos in Adani stock slump
HFT algos have changed dynamics in the stock market in fact over the past few years High-frequency trading (HFT) algos also play a part in any steep fall in stocks, reminded businessman and social-media personality Vivek Bajaj, in a video titled “Adani Adani Mat Khelo”. HFT algos run on powerful systems and they execute trades at lightning speeds. These ‘algos’, as they are known in common parlance, have been gaining dominance in the market over the past four or five years. Also read: Rise of the machines|HFTs make a killing on the Street The co-founder of StockEdge and Kredent Infoedge, Bajaj was talking in the context of Adani stocks falling sharply. A day ago, seven of the group’s stocks were trading in the lower circuit. In the video, Bajaj said that he wasn’t speaking for or against the group stocks, but was simply asking people to think for themselves and not fall for any narrative. “Inside market there are algos, they watch prices very closely. When prices … [Read more...] about Vivek Bajaj points at role of high-frequency trading algos in Adani stock slump
Fair Tax Act Of 2023 Has Rate That Varies
Share to Twitter Share to Linkedin I have been having silly arguments with Fair Tax enthusiasts. The Fair Tax Act of 2023 would be a tremendous simplification of federal taxation. It does not, however, reduce 70,000 pages to 131 and it does not entirely eliminate the Internal Revenue Code. Also it does not abolish the IRS. It renames parts of it and has $10 billion or so, currently spent by the IRS to be spent by numerous state revenue agencies instead. Over my forty year career I have not found state employees to be easier to deal with than federal employees, so I don't see what we would be gaining there. And while much simpler than the current system, there is still some complexity. That is what I would like to tell you about, because some of that complexity is worrisome. All section references are to the Internal Revenue Code of 2023 as specified by the Fair Tax Act of 2023. The Variable Rate Discussions of the sales tax proposed in the … [Read more...] about Fair Tax Act Of 2023 Has Rate That Varies
MC Explains| 3 Adani stocks on ASM radar. What does it mean for traders?
Adani group stocks have been placed under ASM by the National Stock Exchange Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The market rout in the universe of listed Adani companies refuses to abate. The woes of the conglomerates continue to multiply, and for now, Adani Group's damage control tactics against the report by US short-seller Hindenburg Research have panned out disastrously. The decision of Adani Enterprises to pull back its Follow-On Public Offering (FPO), even if taken “to protect the interest of its investing community,” upended the narrative for the company, evident adequately from the freewheeling downhill collapse playing out in all the Adani Group stocks. On February 2, the NSE opted to put three firms of the Adani Group, namely Adani Enterprises , Adani Ports and Special Economic Zone , and Ambuja Cement … [Read more...] about MC Explains| 3 Adani stocks on ASM radar. What does it mean for traders?