Big Retailers Report
Good Morning Everyone!
Customers are setting banks on fire in Lebanon because they can’t get their money out.
Inflation is at +170%.
This is what a currency collapse looks like:
Earnings Scheduled For February 21, 2023
Companies Reporting Before The Bell
• Sohu.com (NASDAQ:SOHU) is likely to report earnings for its fourth quarter.
Fear & Greed Index Remains In ‘Greed’ Zone After Dow Gains Over 100 Points
The CNN Money Fear and Greed index remained in the "Greed" zone after US stocks closed mixed on Friday.
The Dow gained more than 100 points on Friday but closed the week down 0.13% for the week, recording losses for the third straight week. The Nasdaq, however, added 0.59% on the week.
Google And Amazon Win License To Operate As Payment Aggregators In India
Thirty-two entities, including Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Pay, Amazon.Com Inc’s (NASDAQ: AMZN) Amazon Pay, and Reliance Payment Solutions won the Indian banking regulator’s approval for online…
Walmart Owned Indian Fintech PhonePe Raises Funds At $12B Valuation
Walmart Inc (NYSE:WMT)-owned Indian fintech platform PhonePe raised another $100 million in primary capital from Ribbit Capital, Tiger Global, and TVS…
Warren Buffett May Be Behind Hottest Fad Of Valentine’s Day
One of this year's trending searches for Valentine’s Day, according to Alphabet Inc / Google’s (NASDAQ: GOOG) real-time trends, is a special-edition Squishmallow.
Telsey Advisory Group Reiterates Outperform on Walmart, Maintains $165 Price Target
Telsey Advisory Group analyst Joseph Feldman reiterates Walmart (NYSE:WMT) with a Outperform and maintains $165 price target.
Biggest US Pension Bulks Up On Tesla, Apple, And These Big Techs: How CalPERS Shuffled Its Portfolio In Q4
California Public Employees’ Retirement System, aka CalPERS, the biggest pension fund in the U.S., recently filed its 13F for the fourth quarter ended Dec. 30, with the SEC.
Apple, Amazon, Walmart: Adani Group Is Trading At Higher Valuations Than These Companies Despite Market Rout
Despite the recent rout in the Adani Group of companies’ stock after the US-based Hindenburg Research report, the…
Gordon Haskett Upgrades Walmart to Accumulate, Raises Price Target to $155
Gordon Haskett analyst Chuck Grom upgrades Walmart (NYSE:WMT) from Hold to Accumulate and raises the price target from $145 to $155.