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Anwar's pick for deputy prime minister contradicts his campaign message: BowerGroupAsiaMalaysian Prime Minister Anwar Ibrahim and Pakatan Harapan, the coalition he leads, "contradicted their campaign message of fighting corruption" by appointing Ahmad Zahid Hamidi as one of two deputy prime ministers, according to Adib Zalkapli, director at…

Stocks fell sharply on Thursday after new data released today showed that retail sales slowed in November. The declines also came one day after the Federal Reserve rose interest rates to a 15-year high. As of the closing bell on Thursday, the Dow Jones Industrial Average fell 764.13 points, or 2.25%, to 33,202.74 — in its worst day since…

The corporate narrative on Netflix has always been high drama. Is the streaming service a savvy disrupter that will live on forever as the first mover of online entertainment? Or is it a house of cards, pushing an unsustainable business model that all of Hollywood foolishly followed?In the past few months, investors have leaned towards…

Stocks powered higher this week after the October inflaton report but the path to year-end gains remains volatile, market analysts say.  Inflation may have peaked but CPI at 7.7% is still well above the Fed's 2% target.  'I think that we're set up…

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Home Depot (HD 0.56%) shareholders can finally exhale. The home improvement giant recently announced third-quarter earnings results that should ease many of their worst fears about a sharp industry pullback. Yes, soaring interest rates are pressuring demand for remodeling and upgrading projects. Home Depot is also dealing with a growth hangover…

Reddit is mostly irrelevant again, and many of the meme stocks have crashed back to earth (though not GameStop). But just as with GameStop, there’s a fundamental truth that stocks and other financial assets are just tokens whose price is determined by supply and demand. Most of the time it is demand that matters most, with large…

With the S&P 500 down 8% in January -- and other indices off by even more -- there are attractive investment opportunities out there to take advantage of the market's pessimism today. I believe Roku (NASDAQ:ROKU) is one such company to consider. The streaming platform's stock is down nearly 70% over…

By Mark Hulbert There's no simple or mechanical way of using oil's price for market timing It may or may not be good news for the stock market that oil's price is currently 40% lower than where it traded this past June. This counters the conventional wisdom that a lower oil price is good for stocks. In some past cases it was, but in…

The stock market’s winter selloff deepened this week, pushing all three major indexes further in the red for 2022. The S&P 500 and Dow Jones Industrial Average both fell a second straight week, while the Nasdaq Composite has been down the last three. Investors continued to sell bonds, pushing yields higher. The yield on the benchmark 10-year…