News

Key Points

• Verizon had a mixed quarter, but the margin is good, and the cash flow is strong. 
• The high-yielding dividend appears safe and reliable in 2023. 
• Institutions and analysts are

Look ahead to FTSE 350, other companies reporting & economic events from 31 July-4 August

• A strong start to the year means expectations are high for Greggs plc (LON:GRG)
• Inflationary

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Hindering Algos

An interesting development is that low market volatility is now apparently

In his Daily Market Notes report to investors, Louis Navellier wrote:

All Eyes on Jay Powell

Today is Fed Day. It’s Jay Powell‘s written statement and comments that everyone will be hanging

• Total revenue fell 3.5% to $32.6m, missing market forecasts
• Underlying EBITDA rose 0.8% to $12.0bn, operating income fell 4.4% to $7.2bn
• For 2023, underlying EBITDA is expected between

All Right, Life Goal Nation! Just like any avid sports fan, investors in the financial market are constantly faced with tough decisions. It’s not just about keeping the star player on your team

Following are excerpts from the unofficial transcript of a CNBC interview with FTC Chair Lina Khan on CNBC’s “Squawk on the Street” (M-F, 9AM-12PM ET) today, Wednesday, July 19.

FTC Chair Lina

In his Daily Market Notes report to investors, Louis Navellier wrote:

Market Melt-up

The market is melting up.

Equities are on fire and have gone one way since mid-May. The FOMO (Fear of

GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on

The biopharmaceutical industry had an exceptional year in 2022 with notable success for those with COVID-19 vaccines. The majority (15) of the top 20 publicly traded global innovative biopharma

Shares in several major cybersecurity stocks closed sharply lower on Wednesday after tech titan Microsoft (NASDAQ:MSFT) expanded its product and service offerings in this sector.

Such a move

• Burberry Q1 sales jump 19% on rebound in Asia, offsetting declines in the Americas
• US Federal Trade Commission throws another legal hurdle at Microsoft’s bid to close $69bn Activision deal

Key Takeaways

• Private companies trading nearly on par with their second-most-recent primary fundraising round
• Positive signs as buy interest on Forge Markets ticks up to ten-month high

• Key Bank of England reports show UK lenders are resilient, while global market uncertainty persists
• UK’s competition watchdog changes tack in a win for Microsoft’s acquisition of Activision

• Massachusetts has highest rate of searches for new technology like ChatGPT and virtual reality 
• New Jersey ranks seventh in study of how much each state is Googling terms related to major

Key Points

• Caribou surged 45% yesterday after news broke that Pfizer invested $25 million.
• The investment by Pfizer signals a strong confidence in Caribou’s pipeline and lead candidates.

When the greatest trader of our generation makes a prediction, I listen.

Steve Cohen amassed a $17.5 billion fortune by creating one of the most successful hedge funds of all time.

He had

Key Points

• Shares are up 60% this year. 
• Cooling inflation readings and a risk-on sentiment have fuelled the rally. 
• Valuation concerns are growing, though, and are not without reason.

In his Daily Market Notes report to investors, Louis Navellier wrote: 

Two-year over 5%, ten-year over 4%, and stocks pull back over 1%.

The non-dovish Fed minutes, more hawkish Fed-Speak

Key Points

• Nike had a decent quarter, but margin pressure is still present, and the guidance is weak. 
• Analysts support the bull case, but no upgrades or price target increases have emerged

Artificial intelligence (AI) is slowly becoming an integral part of our daily life. AI already helps us to personalize our social media feeds, web searches and online purchases, and in the future