Technology companies outperformed expectations, achieving solid revenue growth while expressing cautious optimism for the coming quarters. The healthcare sector showed strong performance, with stable growth in domestic formulations. This earnings season has reinforced the importance of selectively positioning within growth-oriented sectors.
I've been cautious about valuations for some time. Revenue growth had been slowing for several quarters, and now even profits are lagging. I havent had to make major adjustments to my portfolio, as I've maintained a conservative stance.
Swiggy's IPO share allotment is expected to be finalized later on Saturday. Shares will be allocated through a lottery system under the supervision of the registrar. On the allotment date, investors will learn the number of shares assigned to them relative to their bids.
Investors are closely watching inflation trends to see if the stock market rally, fueled by Trump's victory and expectations of tax cuts, can be sustained. The Federal Reserve's ability to continue cutting rates hinges on inflation remaining moderate. While Trump's policies could boost growth, they also carry the risk of reigniting inflation.
With a new casino opening less than 10 miles across the Indiana-Illinois border, one gaming analyst said Northwest Indianas industry has expected this for decades. Theyve been talking about this for about 20 or 30 years, Ed Feigenbaum said. Its kind of a surprise this didnt happen sooner. Wind Creeks Chicago Southland Casino is set to open Monday in Homewood, Illinois, which is about 30 minutes west of both Horseshoe Hammond Casino and Hard Rock Casino Northern Indiana in Gary. Crews started work on the Chicago Southland casino in September 2022. The new casino is set to span 75,000 square […]
A national coffee chain is breaking records with the launch of its first Naperville location. But thats not the only local debut making its mark on the city this fall, with a new cannabis dispensary due to open later this month, a dog grooming business opening its doors Friday and a Wheaton orthodontist expanding its offices.
