The best-performing sector in 2022 is not finished crushing it, says Citi, offering three stocks to buy

The best-performing sector in 2022 is not finished crushing it, says Citi, offering three stocks to buy

You can count on it, say our call of the day provided by Citigroup, though they say investors can’t expect as lofty returns. “We see market rotation into energy equities as having further to run, even though names in our US coverage already sit at all-time highs,” a team of analysts led by Alastair R … Read more

Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs

Markets will shift to a 'hope' phase next year, and investors would be wise not to miss it, says Goldman Sachs

Fresh China COVID-19 worries are threatening to nix any preholiday gains for Wall Street, with stock futures in the red and the dollar higher ahead of Monday’s open. In a shortened week that will bring both Thanksgiving and the World Cup kickoff, investors have all sorts of excuses to head to the sidelines. Those sticking … Read more

Gianni Infantino launches explosive tirade against Western critics on eve of World Cup

Gianni Infantino launches explosive tirade against Western critics on eve of World Cup

Doha, Qatar CNN — On the eve of the 2022 World Cup in Qatar, FIFA President Gianni Infantino launched a tirade against Western critics of the controversial tournament in an explosive hour-long monologue. Infantino, the boss of world soccer’s governing body, looked on glumly as he addressed hundreds of journalists in Doha, Qatar, Saturday. “We … Read more

As Qatar bans beer in stadiums, World Cup sponsor Budweiser touts promotional efforts in other countries

As Qatar bans beer in stadiums, World Cup sponsor Budweiser touts promotional efforts in other countries

The shock decision by Qatar to ban beer sales in stadiums appeared to leave World Cup sponsor Budweiser scratching its head on Friday, as it acknowledged “circumstances beyond our control.” Qatar’s abrupt reversal came just two days before the tournament kicks off, reportedly prompting a snarky and now-deleted tweet of “Well, this is awkward …” … Read more

FIFA confirms no alcohol to be sold at Qatar World Cup stadiums

FIFA confirms no alcohol to be sold at Qatar World Cup stadiums

Doha, Qatar CNN — Just two days before the World Cup kicks off in Qatarsoccer’s world governing body FIFA confirmed that no alcohol will be sold at the eight stadiums which will host the tournament’s 64 matches. “Following discussions between host country authorities and FIFA, a decision has been made to focus the sale of … Read more

Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.

Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager.  Here's what could happen next.

Markets probably didn’t need another more brick on the 2022 wall of worries, but got one anyway as FTX, the world’s third largest crypto exchange, is teetering on a collapse that could upend already shaky broader risk appetite. Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside … Read more

5 things to know for Nov. 4: Twitter, Flu, January 6, Student Loans, Brittney Griner

5 things to know for Nov. 4: Twitter, Flu, January 6, Student Loans, Brittney Griner

CNN — The enormous rocket at the heart of NASA’s mission to return humans to the moon is being rolled out of its hangar today. After a series of issues and poor weather thwarted the first two launch attempts, the agency has spent weeks troubleshooting and is now gearing up for another attempt to get … Read more