Predictable consumer stocks wikifolio

Share to Twitter Share to Linkedin Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits took a hit due to rising cost pressures. Key Facts The selloff on Wall Street intensified: The Dow Jones Industrial Average fell 3.6%, over 1,100 points, while the S&P 500 lost 4% and the tech-heavy Nasdaq Composite 4.7%. Markets tanked after disappointing quarterly earnings from major retailers: Shares of Target plunged over 25% after the company warned of rising costs and supply chain issues impacting profits, with the stock on pace for its worst single-day drop in roughly 25 years. The news followed a gloomy outlook from Walmart, with the nation’s largest retailer badly missing earnings expectations due to rising costs, causing shares to fall 11% on Tuesday in their largest one-day drop since 1987. … [Read more...] about Dow Falls 1,100 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures

Share to Twitter Share to Linkedin As the world becomes increasingly digitized, so too does the risk of cybercrime. One of the biggest challenges in combating cybercrime is that it is constantly evolving, making it difficult for traditional security measures to keep up. This is where artificial intelligence comes in. By harnessing the power of artificial intelligence, we can make the fight against cybercrime more effective and help protect consumers from the ever-growing threat of online crime. I had the pleasure of speaking with Aura ’s founder, Hari Ravichandran, about the current challenges consumers are facing due to online threats and how Aura is developing intelligent safety technology to proactively solve these issues. Gary Drenik: How do consumers feel about their online safety? Are they generally aware of the threats that exist on the web? Hari Ravichandran: In today's digital age, online safety is a major concern for consumers. With so … [Read more...] about Cybercrime Is Evolving: Artificial Intelligence Can Help Improve Consumer Safety Online

(Representative image: Reuters) The Nasdaq and the S&P 500 tumbled up to 4% on May 18 in the intra-day trade as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices. Target Corp's (TGT.N) first-quarter profit halved and the company warned of a bigger margin hit on rising fuel and freight costs. Its shares fell 25.2% and were tracking their worst day since the Black Monday crash on Oct. 19, 1987. The retailer's results come a day after rival Walmart Inc trimmed its profit forecast. The SPDR S&P Retail ETF declined 8.2%. All of the 11 major S&P sectors declined, with consumer discretionary and technology stocks down 5.7% and 3.5%, respectively till the last update. Rising inflation, the conflict in Ukraine, prolonged supply chain snarls, pandemic-related lockdowns in China and prospects of aggressive policy tightening by central banks … [Read more...] about US stocks roiled; Dow tanks over 1,000 pts, Nasdaq & S&P sink up to 4%

- A + A NEW YORK (May 19):  Global stocks plunged and the dollar strengthened for the first time in four sessions on Wednesday as concerns about rising inflation on economic growth soured sentiment. The mood was underscored by a 9% surge in British consumer prices and a faster-than-expected acceleration in inflation in Canada. British inflation surged to its highest annual rate since 1982 as energy bills soared, while Canadian inflation rose to 6.8% last month, largely driven by rising food and shelter prices, Statistics Canada data showed. British inflation is now the highest among major economies in Europe, but prices are rapidly rising worldwide, forcing central banks around the globe to hike interest rates and tamp down growth as suggested by a modest decline in U.S. homebuilding in April. Soaring prices and material shortages have already hit homebuilding, the sector of the economy most sensitive to rates. But the U.S. Commerce Department report also showed … [Read more...] about Stocks pummeled by growth worries, U.S. dollar climbs

U.S. equity markets are falling as tensions ratchet higher between Russia and Ukraine, with U.S. officials saying they expect a Russian attack on its neighbor shortly. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Key Takeaways U.S. equity markets are falling as investors watch developments in the ongoing tensions between Russia and Ukraine. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Roku shares are plunging while FAAMG stocks, Tesla, and Intel all slide. Shares of all the FAAMG tech companies are lower. Tesla Inc. ( TSLA ) shares are declining 3%. Shares of semiconductor companies are dropping after Intel Corp. ( INTC ) warned of lower profit margins this year. Roku Inc. ( ROKU ) shares are plunging on its earnings report (more below). Shares of big industrial firms including Boeing Co. ( BA ), Honeywell International … [Read more...] about Russia–Ukraine Tensions Soar as Shelling, War Talk Increase; Investors Flee Stocks

- A + A NEW YORK (May 18): The Nasdaq and the S&P 500 dropped 3% on Wednesday as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices. Target Corp's first-quarter profit halved and the company warned of a bigger margin hit on rising fuel and freight costs. Its shares fell 25.2% and were tracking their worst day since the Black Monday crash on Oct 19, 1987. The retailer's results come a day after rival Walmart Inc trimmed its profit forecast. The SPDR S&P Retail ETF declined 8.2%. All of the 11 major S&P sectors declined, with consumer discretionary and technology stocks down 5.7% and 3.5% respectively. Rising inflation, the conflict in Ukraine, prolonged supply chain snarls, pandemic-related lockdowns in China and prospects of aggressive policy tightening by central banks have weighed on the markets recently, stoking concerns … [Read more...] about Nasdaq, S&P 500 drop 3% as growth stocks rally wanes

"It is difficult to call the trajectory of inflation, especially since the outlook is clouded by the Russian invasion of Ukraine and the spike in COVID cases in China. So we expect volatility in equity markets to continue in the short term as it navigates this inflation direction," says Rajesh Bhatia, Managing Director & CIO, ITI Long-Short Equity Fund, in an interview to Moneycontrol . If the inflation trajectory does cool off, India will be among the best markets in the world to invest in, he believes. Therefore, "earnings growth in double digits will lead to double-digit gains in stocks as well," says Bhatia, who has more than 30 years of investment experience in Indian equities, with the last 14 years in alternative investments (long-short fund management). Considering the current volatility, what could be the drivers for the market, and where could the market be headed in the near term, though most experts are still holding a positive outlook for the medium- … [Read more...] about Daily Voice | India will be among best markets globally, if inflation cools off: Rajesh Bhatia of ITI Long-Short Equity Fund

Divam Sharma is the Founder of Green Portfolio Divam Sharma, founder at Green Portfolio believes the Indian market will go through a consolidation phase before moving a leg higher. But another correction of 10 percent is not on the cards considering most risk factors and negative sentiments are priced in, he says. Divam Sharma, who has more than 15 years of experience of investment management in stock markets, says now is not the time to look at consumer discretionary stocks as the increase in raw material prices, interest rates will lead to a pinch on margins of these companies. Edited excerpts: Given the signs of progress in Ukraine-Russia peace talks and hope that the war could end soon, do you think sanctions imposed on Russia could get lifted? It is rather quicker to sanction a country than to repel them of the same. We have witnessed this throughout history - may it be with Venezuela, Iran, or North Korea. Hence, the ultimate lifting of these sanctions will … [Read more...] about Daily Voice | Another 10% fall unlikely, but markets will go through some consolidation: Divam Sharma of Green Portfolio

Share to Twitter Share to Linkedin Topline The stock market moved higher on Tuesday in an attempt to bounce back after six consecutive weeks of heavy losses, as investors digested the latest comments from Federal Reserve Chair Jerome Powell, who pledged to keep raising interest rates until inflation starts “coming down.” Key Facts Stocks widely rebounded, paring back some of the steep losses from last week: The Dow Jones Industrial Average rose 1.3%, over 400 points, while the S&P 500 jumped 2% and the tech-heavy Nasdaq Composite 2.8%. The market broadly moved higher—with ten out of eleven sectors in the S&P 500 posting gains, as shares of technology stocks and financials led Tuesday’s gains. Markets initially moved higher amid a solid retail sales report and news that China could soon be taking steps to ease lockdowns in cities such as Shanghai, with optimism about reopening helping boost prospects for global economic activity. … [Read more...] about Dow Jumps 400 Points After Powell Says Fed ‘Won’t Hesitate’ To Keep Raising Rates To Combat Inflation

Amit Jain is the Chief Strategist - Global Asset Class at Ashika Group The market so far has discounted 70 percent of inflation risk but only 30 percent of possible geo-political risk at current levels, Amit Jain, Chief Strategist - Global Asset Class at Ashika Group said in an interview to Moneycontrol. He feels the world power equation is going to change significantly in next three years. After more than Rs 2.75 lakh crore of FII outflow in FY22 so far, FIIs will be the biggest buyers in Indian markets for next financial year 2022-23, says Jain, who has more than 18 years of experience in the banking and financial services. Edited excerpts: The second half of FY22 was a tough period for equities. As we are soon going to enter FY23, what are the biggest risk factors that the market can face? As we see, Nifty has generated return on investment (ROI) of 19 percent in last 1 year compared to (-0.63 percent) in last 6 months. Even from hereon, market may be volatile in both … [Read more...] about Daily Voice | FIIs will be the biggest buyers in Indian markets in FY23, says Amit Jain of Ashika Group