The Fed Will Lift Rates at Its Meeting Today. What to Expect After That.

The Federal Reserve’s efforts to tame runaway inflation appear to be working, but there is still a long way to go. Investors rejoiced on Tuesday, sending stocks higher after the release of a fifth-straight monthly consumer-inflation reading that showed diminishing price gains. Expect Fed Chairman Jerome Powell to temper the market’s enthusiasm, however, when he … Read more

Oracle Stock Rises on Strong Earnings

Oracle shares were moving higher late Monday after the company posted better-than-expected financial results for its latest quarter. The enterprise software giant continued to see success in shifting more of its business to the cloud during the period. “Simply put, we had an outstanding quarter,” Oracle CEO Safra Catz said on a call with analysts. … Read more

Coupa, Horizon Therapeutics, Under Armour, and More Stock Market Movers

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/horizon-therapeutics-coupa-rivian-stock-market-movers-51670601817 Updated Dec. 12, 2022 7:35 am ET / Original Dec. 12, 2022 4:33 am ET Order Reprints Print Article

America’s COVID-Booster Rates Are a Bad Sign for Winter

And just like that, with the passing of Labor Day, fall was upon us. Seemingly overnight, six-packs of pumpkin beer materialized on grocery shelves, hordes of city dwellers descended upon apple orchards—and America rolled out new COVID boosters. The timing wasn’t a coincidence. Since the beginning of the pandemic, cases in North America and Europe … Read more

Amazon’s Slice of the Pentagon’s $9 Billion Cloud Contract Is Another Reason to Like the Stock

Amazon stock has been clobbered since it last reported earnings. On Wednesday, the U.S. Department of Defense added to the bull case for shares. The Pentagon announced the issuance of several contracts worth up to $9 billion for a cloud computing project called the Joint Warfighting Cloud Capability. They went to the four largest U.S. cloud … Read more

Logistics Not to Blame for Tesla’s Deliveries Miss. There Is a Bigger Reason.

Tesla stock was getting hammered after weaker-than-expected third-quarter delivery numbers. Wall Street seems to believe the shortfall was due to logistics. That isn’t what investors are worried about, however. They’re worried about demand. Tesla (ticker: TSLA) reported Sunday third-quarter deliveries and production of 343,830 and 365,923 units, respectively. Wall Street was looking for about 358,000 … Read more

It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.

One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the month—has made the bottom-fishing that took place over the summer look ill-advised. As I’ve noted before, the first downturn in tech … Read more

How Low Will the Stock Market Go? S&P 3300 Might Just Be the Start.

The stock market desperately wants to put in a low. The Federal Reserve won’t let it. You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains strong, as jobless claims fell below 200,000 for the first time since May, a sign that the Fed will … Read more

Police: Teen saw father shoot, kill mother in California

LOS ANGELES — The Southern California teenager killed this week alongside her father in a shootout with law enforcement was with him a day earlier when he fatally shot her mother, police said Thursday. Savannah Graziano, 15, was in the back of her father’s pickup truck when he gunned down her mother, Tracy Martinez, on … Read more

2 rock climbers found dead in Southern California

Authorities say two rock climbers, including a former NFL player, were found dead near a Southern California peak after rescue crews responded to reports of injuries IDYLLWILD, Calif. — Two rock climbers were found dead near a Southern California peak after rescue crews responded to reports of injuries, authorities said. Rescuers were called around 12:30 … Read more