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Bloomberg
Ban on US Talent at China Chip Firms Thwarts Xi’s Key Ambition
(Bloomberg) — China will speed its efforts to build a legion of talent and win the battle to develop homegrown technologies, President Xi Jinping pledged at the Communist Party’s twice-a-decade congress on Sunday. But new US restrictions issued a week earlier are already undercutting those plans.Most Read from BloombergRussia Hits Ukrainian Capital Kyiv With Kamikaze DronesNATO-China Tension Over Ukraine Flares at Conference in IcelandStocks Snap Back After Selloff With UK’s Reversal: Markets W
Bloomberg
Morgan Stanley’s Wilson Says US Stocks Can Rally in Short Term
(Bloomberg) — Morgan Stanley’s long-time equities bear says US stocks are ripe for a short-term rally in the absence of an earnings capitulation or an official recession.Most Read from BloombergRussia Hits Ukrainian Capital Kyiv With Kamikaze DronesNATO-China Tension Over Ukraine Flares at Conference in IcelandStocks Snap Back After Selloff With UK’s Reversal: Markets WrapThe Time to Buy the Dip Is Fast Approaching — for One CountryA 25% slump in the S&P 500 this year has left it testing a “ser
Reuters
Apple freezes plans to use China’s YMTC chips – Nikkei
Apple had originally planned to start using state-funded YMTC’s NAND flash memory chips as early as this year, Nikkei said, citing people familiar with the matter. The company was considering eventually purchasing up to 40% of the chips needed for all iPhones from YMTC, the newspaper said.
Bloomberg
The Time to Buy the Dip Is Fast Approaching — for One Country
(Bloomberg) — Investors are looking beyond a looming global recession and they see one country – and its financial markets – emerging strongest on the other side.Most Read from BloombergRussia Hits Ukrainian Capital Kyiv With Kamikaze DronesNATO-China Tension Over Ukraine Flares at Conference in IcelandStocks Snap Back After Selloff With UK’s Reversal: Markets WrapThe Time to Buy the Dip Is Fast Approaching — for One CountryUS stocks and bonds will lead the way out of the current wave of market
Yahoo Finance
What are safe investments during volatile markets? Experts weigh in
Investors searching for safe places to store some cash amid high inflation and volatile markets have options.
In continuation of Yahoo Finance’s series ‘What to do in a bear market’, we asked the experts where to park money safely, amid high inflation.
Bloomberg
Bear Market in US Stocks Still in Its Infancy Versus History
(Bloomberg) — History shows that the bear market in US stocks may be far from over.Most Read from BloombergRussia Hits Ukrainian Capital Kyiv With Kamikaze DronesNATO-China Tension Over Ukraine Flares at Conference in IcelandStocks Snap Back After Selloff With UK’s Reversal: Markets WrapThe Time to Buy the Dip Is Fast Approaching — for One CountryThe S&P 500 Index has fallen 25% in a little more than nine months since its January peak, a shallower and shorter drop than is typical of similar ins
SmartAsset
Average Retirement Savings for Married Couples By Age
A recent study from the career experts Zety says that 40% of respondents fear retirement more than death. And almost nine in 10 responded that their biggest retirement fear is not having enough income. For married couples, planning retirement for two people can … Continue reading → The post Average Retirement Savings for Married Couples By Age appeared first on SmartAsset Blog.
The Wall Street Journal
U.S. Stocks Open Higher, Pointing to More Big Swings
Major indexes climbed shortly after the opening bell, as investors try to make sense of an unsettled economic outlook and gear up for another batch of earnings.
Motley Fool
Here’s the FAANG Stock Wall Street Thinks Will Soar the Most Over the Next 12 Months
It’s been a rough year for many of the highest-flying stocks of the recent past. All of the FAANG stocks have dropped significantly so far in 2022. Analysts expect that four of the five stocks in the group will deliver strong gains in the not-too-distant future.
TipRanks
Cathie Wood Doubles Down on These 2 Innovation Stocks
Not many hedge managers have ignited as much controversy as Cathie Wood. The founder of Ark Invest has built her brand on running against the crowd. From her early embrace of tech stocks to her outspoken political conservatism, Cathie Wood has always been something of a lightning rod. Wood is staking her reputation and fortune on a belief that new technologies, and especially the way that new technologies will interact with each other, are going to completely transform our world. In her view, se
Motley Fool
Why Occidental Petroleum Could Be Warren Buffett’s Next Apple
At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors — and both are still at it! In fact, these two seniors have been quite active this year, especially around oil giant Occidental Petroleum (NYSE: OXY). On the flip side, Warren Buffett has been buying Occidental shares hand over fist throughout the year, scooping up over 20% of the American oil driller.
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