Strategist: A CPI surprise to upside could result in ‘sloppy unwind’
Tag: surprise
U.S. stocks moving higher, trying to snap four-day skid despite Bank of Japan surprise and possible recession fears
U.S. stocks are reversing a Tuesday start in the red and now trading higher as investors think through the implications of the Bank of Japan’s surprise announcement to put a Read more
Foot Locker stock soars after surprise same-store sales gain and profit beat, raised full-year outlook
Shares of Foot Locker Inc. FL, +5.00% soared 17.7% in premarket trading Friday, after the athletic footwear and apparel retailer reported fiscal third-quarter profit that beat expectations, a surprise increase Read more
Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans gear up for a holiday shopping season — amid four-decade high inflation and recession worries. Read more
Citi says investors have up to six weeks to keep squeezing the bears after the inflation surprise
Well, that was something. Inflation came in a bit below forecast, and then the rockets came out — the best one-day percentage rise for the S&P 500 SPX since April Read more
Bonds head for biggest one-day rally in more than a decade after October’s downside inflation surprise
Investors cheered one of the few pieces of good news about U.S. inflation in the past year and sent Treasurys toward their biggest one-day rally in more than a decade Read more
Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside
“We are in the business of taking risk. Some investments will surprise to the upside, and some will surprise to the downside.” That’s noted venture capital firm Sequoia Capital on Read more
HSBC Holdings stock slumps after surprise CFO change
HSBC Holdings shares dropped as much as 8% in London trade on Tuesday as the bank announced a surprise shake-up in management amid its third-quarter earnings report. HSBC shares HSBA, Read more
Allstate warns of surprise loss, even as auto insurance rates jumped 16% in some locations last month
Shares of Allstate Corp. ALL, -12.90% tumbled Thursday, enough to pace the S&P 500 index’s losers by a wide margin, after the insurer warned of a surprise third-quarter loss, amid Read more
Who’s going to be the next world’s economic power? Here’s what this famed economist is now saying — and one possible surprise
Thursday’s dramatic spike doesn’t necessarily show that the stock market is about to bottom, but it does confirm that investors are so pessimistic that there isn’t a huge hurdle to Read more