But for all the hand-wringing about the concentration of outsized gains in the hands of a magnificent few, stock bulls have two reasons to cheer as earnings season intensifies.wrote$1.25 trillion in market cap value over seven sessions recently — just as the small-cap stocks started asserting strength.
The trillion-plus drop in valuation by the Mag Seven represented an 8% fall in price — yet the overall market was off only 2% over the same time. Timing is everything.S&P 493 EARNINGS GROWTH TURNING POSITIVE Earnings per share for the S&P 493 have been "flat to down for the past five quarters," wrote BofA, even as EPS growth for all 500 names turned positive three quarters ago.This newfound strength for the rest of the market comes just as earnings growth is "expected to slow for the Magnificent Seven for the second straight quarter and again in the .
The actors, who are currently starring in the hit Off-Broadway revival, collaborated with Third Reprise for a cover of "Somewhere That’s Green"Meta takes down 63,000 accounts linked to sextortion scams targeting US menA bombshell court filing accuses SC’s largest charter school district and its leaders of a criminal conspiracy to damage the reputation of a for-profit education management company in order to take its business.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »