A Fed meeting, jobs report, and more Big Tech earnings: What to know this week
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
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Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
Since the advent of the internet three decades ago, numerous next-big-thing investment trends have come and gone. But none of these trends have offered to change the growth arc for corporate America quite like the artificial intelligence (AI) revolution.
Concerns about higher inflation and a weakening economy pushed indexes into a bear market back in 2022, but last year, things began to look brighter. Many companies made efforts to cut costs and focus on their most profitable businesses, spurring a rebound in earnings. E-commerce and cloud computing giant Amazon is a perfect example of that, and the stock has climbed nearly 70% over the past year.
Everybody wants inflation to get lost. For a while, it looked hopeful. But we can’t quite slam the door on the bugger.
For investors, each week in every month and every quarter has its own rhythms.
Last year is often billed as Meta Platforms (NASDAQ: META) co-founder and CEO Mark Zuckerberg's "year of efficiency." Indeed, it should be billed as such. Meta earnings soared as the company cut expenses and started putting its AI to use to boost productivity (especially for social media ads), and thus earnings.
Fool.com contributor Parkev Tatevosian previews SoFi's (NASDAQ: SOFI) earnings results and whether investors should buy ahead of the announcement.
Jefferies CEO Rich Handler and Landry\’s CEO Tilman Fertitta at the opening of Mastro\’s Steakhouse in New York City in 2014.Rob Kim/Getty ImagesJefferies CEO Rich Handler sold $65 million in company stock to buy a luxury yacht.
NextEra Energy (NYSE: NEE) has an elite track record of paying dividends. The clean energy-focused utility has increased its payment every year for three decades. It has delivered supercharged growth over the past 10 years, increasing its payout at an 11% compound annual rate. The company currently offers a 3.1%-yielding dividend, more than double that of the S&P 500's 1.4%.
JPMorgan Chase (JPM) CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s.