Citi Turns Bullish On US Stocks

🇺🇸 🇺🇸 Citi is turning more bullish on U.S. stocks, heading into the end of 2023

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RBA To Hike On Nov 7

🇦🇺 🇦🇺 Reuters Poll: RBA to hike cash rate to 4.35% on November 7
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Amazon Shuts Physical Clothing Stores

📦 📦 Amazon is shuttering its physical clothing stores just 17 months after opening the first outlet, abandoning another brick-and-mortar retail format as the company sharpens its focus on grocery stores

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Is This A Bull Market?

🚨 🚨 US equity close: Massive gains—S&P 500 up 1.9%; DJIA +1.7%; Russell 2000 +2.5%; Nasdaq Comp +1.8%; Toronto TSX Comp +2.75%. Chart: S&P
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Pimco Warns On Private Credit

🚨 🚨 Private credit — which has fast become a Wall Street favorite and is attracting cash from hedge funds, sovereign wealth funds, insurers and pension providers as well as private equity firms — poses a risk to investors because it’s under-regulated and lacks transparency Pimco warns

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Will 10-Year Bond Yields Climb To 5%?

🚨 🚨 Bloomberg Markets Live Pulse survey conducted after the Fed meeting found that nearly 90% of respondents think the 10-year yield has already peaked or won’t rise over 5.5%

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EOG Raises Dividend By 10.3%

⛽️ ⛽️ EOG Resources Non-GAAP EPS of $3.44 beats by $0.45, revenue of $6.21B beats by $430M; Stock Up 1.24% post-mkt—Raises quarterly dividend by 10.3% to $0.91/share & special dividend $1.50/share declare

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Apple Disappoints

🚨 🚨 Apple reported fourth-fiscal quarter earnings on Thursday that beat analyst expectations for sales and earnings per share, but revealed that overall sales fell for the fourth quarter in a row.
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Ferrari Boosts Guidance

🚗 🚗 Ferrari profit jumps 46% from a year ago. Ferrari again boosted its guidance for the full year following the results

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Get Ready For A Blockbuster In 6 Months

💊 💊 BREAKING: Blockbuster Weight Loss Drug To Get Extended FDA Approval In 6 Months
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