The Latest Breaking News from UBS

With the macroeconomic headwinds putting pressure on business margins, the market volatility is not expected to ease anytime soon. With the midterm elections adding to the unpredictability, investors would be best served by seeking refuge in geographically diversified and robust businesses, Microsoft (MSFT) and Walmart (WMT). These stocks promise consistent…

On the surface stocks just seem to be trading calmly in a trading range. Under the surface things are setting up for continuation of the bear market which is why UBS now predicts market bottom around 3,200 for the S&P 500 (SPY). Get 40 year investment veteran, Steve Reitmeister’s, updated…

Tech giant Microsoft (MSFT) delivered better-than-expected first-quarter results and is well-positioned to drive profitability and free cash flow in the upcoming quarters. The company’s strong cash position allows it to pay dividends at an increasing rate, ensuring a steady income stream. Hence, we think it could be wise to buy…

Judge dismisses case against British former trader Tom Hayes, who was jailed over interest rate scandal

Activists and US legislators say banking summit being used to legitimise the dismantling of city’s freedoms.

With underwhelming earnings and an imminent interest rate hike by the Fed weighing heavily on investor sentiment, the market seems to have relapsed into a fresh bout of volatility. However, this might be the right opportunity for bargain hunters to load up on fundamentally strong stocks Microsoft (MSFT), Centene (CNC),…

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Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

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