PRESS DIGEST- Wall Street Journal

Moneywise
An entire Florida homeowners association board quits after $60K special assessment dispute — what happened
One specialist says HOA reserves don't need to be “fully funded.”
The Motley Fool
TFSA: 4 Canadian Stocks to Buy and Hold Forever
This well-priced basket of Canadian stocks is perfect for a long-term TFSA investor. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Simply Wall St.
Favourable Signals For Algonquin Power & Utilities: Numerous Insiders Acquired Stock
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
CNN Business
John Deere to lay off roughly 600 employees from three US factories
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
Barrons.com
7 Discounted Stocks That Could Rally and Aren’t Nvidia or Other Tech Names
Barron’s found seven candidates—that aren’t the six tech giants—that have improving Wall Street sentiment, increasing earnings estimates, and haven’t substantially outperformed the market. The performance of the big six stocks has pushed up the return of the overall index.
Business Insider
Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
Business Insider
The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
"Two years ago, workers who lost their jobs could simply walk across the street to find new work. That has become increasingly difficult," BCA said.
Fortune
Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
Simply Wall St.
Three Undervalued Stocks With Estimated Discounts Ranging From 13.7% To 35.9%
As global markets exhibit mixed signals with some indices reaching record highs and others showing contraction, investors are navigating through a landscape marked by fluctuating interest rates and economic indicators. In this context, identifying undervalued stocks becomes crucial as they may offer potential for appreciation in a market where growth has been narrowly driven and certain sectors may be poised for recovery.
Fortune
On Wall Street bearish investors are out of favor—but there’s mounting evidence they are right about the stock market outlook
The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.
The Canadian Press
Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power
NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape.
Bloomberg
Morgan Stanley’s Wilson Says a 10% Stock Market Correction Is ‘Highly Likely’
(Bloomberg) -- Traders should brace for a significant pullback in the stock market as uncertainty swirls around the US presidential campaign, corporate earnings and Federal Reserve policy, according to Morgan Stanley’s Mike Wilson.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossMorgan Stanley’s Wilson Says a 10% Stock
The Canadian Press
Vehicle supply building. Prices are going down. Is it time to buy a new car?
For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes — and experts say the outlook could get even better.
The Motley Fool
Magna Stock vs. Linamar: 1 Is Obviously a Better Buy
Magna stock's recent selloff could be a red flag. Its smaller competitor, Linamar, seems to be a better buy. The post Magna Stock vs. Linamar: 1 Is Obviously a Better Buy appeared first on The Motley Fool Canada.
Bloomberg
TSMC Hits $1 Trillion in Market Value on Relentless AI Rally
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker before its earnings. Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossMorgan Stanley’s Wilson Says a 10% Stock Market Correcti
Global News
Canadians pile on household debt
A new report from Desjardins shows Canadian household debt is among the highest in the world. Desjardins Vice President and Chief Economist Jimmy Jean looks at what's behind the troubling numbers.
Barrons.com
Stocks Poised to Open Lower
This week’s economic highlights include the June consumer price index, the first batch of second-quarter earnings, and Fed Chair Jerome Powell’s semiannual report to Congress.
The Canadian Press
The US housing slump deepened this spring. Where does that leave home shoppers and sellers?
LOS ANGELES (AP) — The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and fall.
Baystreet
A Solid Canadian Dividend Growth Stock to Buy and Hold Forever
If you’re looking for a quality dividend stock, it’s important to consider a company’s ...

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STOCKS WOBBLE AS S&P 500, NASDAQ TRY TO BUILD ON RALLY

PRESS DIGEST- Wall Street Journal - April 15

Latest Stories

An entire Florida homeowners association board quits after $60K special assessment dispute — what happened

TFSA: 4 Canadian Stocks to Buy and Hold Forever

Favourable Signals For Algonquin Power & Utilities: Numerous Insiders Acquired Stock

John Deere to lay off roughly 600 employees from three US factories

7 Discounted Stocks That Could Rally and Aren’t Nvidia or Other Tech Names

Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.

The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says

Nvidia will win the race to a $4 trillion market cap—but the long-term big tech battle might be different, experts say

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

Three Undervalued Stocks With Estimated Discounts Ranging From 13.7% To 35.9%

On Wall Street bearish investors are out of favor—but there’s mounting evidence they are right about the stock market outlook

Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power

Morgan Stanley’s Wilson Says a 10% Stock Market Correction Is ‘Highly Likely’

Vehicle supply building. Prices are going down. Is it time to buy a new car?

Magna Stock vs. Linamar: 1 Is Obviously a Better Buy

TSMC Hits $1 Trillion in Market Value on Relentless AI Rally

Canadians pile on household debt

Stocks Poised to Open Lower

The US housing slump deepened this spring. Where does that leave home shoppers and sellers?

A Solid Canadian Dividend Growth Stock to Buy and Hold Forever