“You’re going to have to pay basically an arm and leg for valuation coming in here”
Arm IPO, valuation won’t live up to the hype: Portfolio manager
“I think markets will continue to go up until there’s some contrary data to make markets move down”
Stocks will try to keep momentum, but September seasonality and other headwinds await
“If revenue is starting to weaken…they have another lever to pull up on the margin side of things”
Best Buy results beat a bright spot as revenue forecast trimmed
“”Powell basically disabused investors that cuts are right around the corner, with ample retread on how far they still are from their price objective”
Market reactions to Powell speech
“Some of the structural aspects for banks, regarding their balance sheet, remain risks to banks, as the Fed continues to try to anchor inflation with higher rates for longer”
Shares of US banks drop after S&P downgrades some ratings