Hints and tips:
...“We’re grateful to our retail shareholder base who helped us achieve terrific volume and brought more publicity to our company,” Mike Snavely, chief executive of Phunware, told the Financial Times....
...Wells Fargo’s bank analyst Mike Mayo has a well-deserved (if not entirely unblemished) reputation for being an unusually acerbic member of the “great quarter guys!” industry....
...The US equity market accounts for an “astonishing” 60.5 per cent of global stock market capitalisation, according to research by Elroy Dimson of the University of Cambridge and Paul Marsh and Mike Staunton...
...And — as a chart borrowed from Duncan Lamont at Schroders shows — the extent of concentration in the S&P 500 is not something investors are used to....
...“Today was a quiet victory for the bulls,” said Mike Zigmont, head of trading and research at Harvest Volatility Management....
...Best known as one half of powerhouse duo Run the Jewels with New York’s El-P, Mike is 48. His stage name comes from his killer use of the microphone....
...Jet spending for chief executives at S&P 500 companies increased to $41.3mn in 2022 (the most recent full year available), up 22 per cent from the year before and the highest amount in at least 10 years,...
...Woods said he had no plans to meet his Chevron counterpart, Mike Wirth, who will address the conference on Tuesday....
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
...“[Equity] markets are worrying about Israel’s response” to Iran’s missile bombardment over the weekend, said Mike Zigmont, head of trading at Harvest Volatility Management....
...The benchmark S&P 500 has climbed 8 per cent since the beginning of January, boosted by rapid ascents for megacap tech stocks including Nvidia, Meta and Amazon....
...Analysts estimate Chevron will bring in net income of about $25bn for 2023, according to S&P Global Market Intelligence....
...Monday Opening arguments expected in a San Francisco courtroom in the criminal trial of Mike Lynch....
...Morgan Stanley’s Mike Wilson is a little gloomier, and predicts it will end flat on the year at 4,500....
...“P&O is no longer a major player in European ferry trade,” said Mike Garratt, chair of MDS Transmodal. “You have to look at who is buying new ships....
...Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq 100 fell 0.4 per cent and 0.5 per cent, respectively, ahead of the New York open....
...Contracts tracking Wall Street’s benchmark S&P 500 and those tracking the tech-heavy Nasdaq 100 both declined 0.2 per cent ahead of the opening bell....
...But it was ahead of Wall Street estimates of $5.6bn, according to S&P Capital IQ. “I’m very satisfied,” said Wirth of the results. “It’s a good strong quarter....
...Dell’Osso will remain president and chief executive of the new company, with Chesapeake chair Mike Wichterich also staying in his role....
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...By the start of this month, the S&P 500 was up 20 per cent for the year; Goldman Sachs calculated that without those seven stocks, an S&P 493 would have returned only 8 per cent....
...Prices for longer-term options contracts reflect those concerns, according to Mike Zigmont, head of trading and research at Harvest Volatility Management....
...CERAWeek, the global energy conference sponsored by S&P Global, begins today in Houston, with guest speakers including the chair and chief executive of ExxonMobil Darren Woods....
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
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