Dan Niles reveals how the Santori Fund is beating the market

This year’s bear market has left many investors deep in the red, but Dan Niles says his Satori Fund has bucked the trend. Niles said the U.S.-focused long-short equity fund is up this year, outperforming the S & P 500 , which has declined around 20% in the same period. He did not disclose the … Read more

Figma growing inside Microsoft, testing longtime deal with Adobe

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even … Read more

Investor Sarat Sethi has some stock picks to play inflation and a consumer slowdown

Investors should stick to companies that can keep generating earnings as they navigate high inflation and a consumer slowdown, according to DCLA’s Sarat Sethi. “Earnings are going to drive this market going forward,” Sethi said Monday on CNBC’s “Squawk Box.” “Not multiple expansion, not liquidity, it’s going to be where do we find earnings, and … Read more

Bank of America (BAC) 2Q 2022 earnings

Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images Bank of America is scheduled to report second-quarter earnings before the opening bell Monday.Here’s what Wall Street expects: Earnings:  75 cents a share, … Read more

JPMorgan Earnings: Stock Falls After Lender Halts Buybacks, Posts Profits Miss

Text size Investors are focusing on the steps JPMorgan is taking to prepare for a recession, rather than a double-digit increase in net interest income. David Paul Morris/Bloomberg Bank earnings season got off to a rocky start Thursday after JPMorgan Chase ’s second-quarter results fell short of what Wall Street expected. Making matters worse, the … Read more

Stock futures slip after Wednesday’s session as Wall Street awaits bank earnings

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures slipped Wednesday night as traders look ahead to earnings from major U.S. banks. Dow Jones Industrial Average futures shed 123 points, or 0.40%. S&P 500 and Nasdaq 100 futures … Read more

U.S. Stocks Poised for Lower Open on Monday

More than one dozen S&P 500 companies report earnings this week. Spencer Platt/Getty Images Text size U.S. stocks are poised for a lower open on Monday. On Sunday night, Dow Jones Industrial Average futures lost 31 points, or 0.1%, while S&P 500 futures lost 0.2%, and Nasdaq Composite futures fell 0.3%. Crude oil futures (West … Read more

Morgan Stanley upgrades freight company XPO, calls shares ‘too cheap to ignore’

A decline in freight company XPO Logistics’ stock is a buying opportunity, according to Morgan Stanley. The bank upgraded the stock to overweight from equal weight, keeping its $75 price target, in a Friday note calling XPO “too cheap to ignore” from analysts led by Ravi Shanker. Year to date, XPO has declined 37%, but … Read more

Stock index futures inch higher following a losing day Monday

Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching. Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%. The overnight action followed modest losses … Read more

Morgan Stanley’s Pick says a paradigm shift has begun in markets. What to expect

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis … Read more