The market for initial public offerings has been surprisingly normal over the past two weeks, at least on the surface.

British chipmaker Arm Holdings, food delivery company Instacart and Klaviyo represented a chance to revive an IPO market that has long been in tatters. But the results have not been convincing.

Arm, Instacart and Klaviyo priced their offerings at or above recent expectations, and their shares rose on the first day of trading. However, they have since retreated… read more

Dividend stocks are a multi-purpose instrument of the markets. They offer investors a dual route to profitable returns, including some defence against challenging market conditions along with a stable source of passive income. This is an attractive combination.

The best dividend stocks will provide inflation-beating income based solely on the dividend and backed by a long-term history of reliable payouts. For investors, it's a win-win situation: when stocks go up, you make… read more

This week's macroeconomic indicators include the CNB's repo rate decision, Czech, German and US GDP, and German and eurozone inflation.

CNB board meeting on Wednesday and GDP on Friday

Before Thursday's public holiday, the domestic central bank will hold a monetary policy meeting of its board, after which a possible change in the repo rate will be announced. The market expects the CNB's monetary policy to remain unchanged and the two-week repo rate to remain at 7%.

Also,… read more

FactSet $FDS+0.3%, which operates a digital platform and software for analyzing economic and financial data, reported its results for the 4Q fiscal year 2023, which ended August 31, 2023, at yesterday's after-market close. On an adjusted earnings per share basis for the 4Q, FactSet missed the average analyst estimate. The outlook for the upcoming year is also below analyst consensus.

FactSet reported organic revenue growth of 7.2% for the final quarter of fiscal 2023, compared… read more

US logistics and delivery company FedEx $FDX+0.1% has released its quarterly results. Investors were pleased with the year-on-year growth in operating profit, which rose mainly due to lower fuel costs.

Financial results

The company generated revenue of $21.681 billion in 1Q fiscal 2024. This is a year-on-year decrease of 7%. The company's revenue is contributed by 3 segments, namely ground transportation, express delivery, and freight.

The Express Delivery segment is the largest… read more

The world's top ten stocks by market value have more influence on capital markets than ever before, and that may be a bad thing, says Ned Davis Research.

The top 10 names by market capitalization in the All Country World Index (ACWI) now account for nearly a fifth, or 19%, of the benchmark's value, a record high in terms of concentration, according to a report Monday from the Wall Street firm.

Not only are they all US companies, but the top seven - Alphabet, Apple, Amazon, Meta… read more

Shares of Intel Corp. $INTC+1.8% led the Dow lower Tuesday as concerns about data center inventories overshadowed the announcement of new computer chips with artificial intelligence capabilities in time for the holidays.

Shares of Intel (INTC), which had been declining as CEO Pat Gelsinger began his keynote address at the Intel Innovation 2023 developer conference, began to fall during the session and ended down 4.3% at $36.34, making it the worst-performing stock on the Dow… read more

today's conference call with the management of Colt was held in the spirit of expectations of acceleration of the financial performance in the second half of this year, satisfaction with the recently completed acquisition of the Swiss ammunition manufacturer swissAA Holding or significant fulfillment of the contract with the Czech army.

This year is marked by a strengthening of our position in the armed forces segment. This has already been confirmed by the sales or revenues… read more

Apple's stock has not seen a new iPhone. This could help

Apple shares $AAPL-0.4% plunged after the release of the iPhone 15 as analysts were skeptical about whether it would boost sales. But new data could change that view.

According to Daniel Ives of Wedbush, the start of iPhone 15 pre-orders brings good news for Apple (AAPL). In his research report, he wrote that based on Wedbush's analysis, pre-orders are up 10 to 12% from Sunday compared to the same period for the iPhone 14… read more

Instacart, an online grocery delivery company, is about to take on retail brokers. It's a test of investors' appetite for gig companies.

San Francisco-based Instacart, registered as Maplebear, will begin trading Tuesday under the name "CART" and, like most IPOs, will price the night before going public and celebrate the listing with its employees, a person close to the company told Barron's.

Instacart in Friday's filing indicated a valuation of $9.6 billion at the midpoint by… read more

This week, investors' attention will be directed to the US Fed, which will decide on the further development of US monetary policy. On the old continent, the CPI index in the Eurozone or the PMI index in Germany will be reported. Among domestic indicators, the PPI index was reported on Monday morning.

Fed meeting

On Wednesday, the US Federal Reserve will meet to decide on the future course of interest rates in the United States. At the moment, the market is projecting interest… read more

US software firm Adobe $ADBE+0.3% reports 3Q results, outlook is within analysts' expectations. However, investors were expecting a revenue increase in AI products.

Results

Subscription revenue increased 12% y-o-y to USD 4.63bn, against analyst estimates of USD 4.57bn.

Product revenue decreased 24% year-over-year to $96 million. Product sales were down USD 96 million, compared to the USD 124 million estimate. USD 250 MILLION.

Research and development expenses were EUR 881 million… read more

Zara's owner, Inditex, beat expectations on Wednesday, boosting half-year net profit by 40% even as the world's biggest fast-fashion company slowed the pace of price increases.

Inditex has increased its lead over Swedish rival H&M this year thanks to faster delivery of fashion from nearby suppliers at prices that allow it to cope with inflationary pressures.

The company posted a net profit of 2.5 billion euros ($2.7 billion) for the six months to July 31, beating the market… read more

According to Morgan Stanley, there is a "recovery story" in the semiconductor market this year.

This is the memory sector, which includes DRAM, or dynamic random access memory - a type of semiconductor memory needed for data processing - and NAND, another type of memory that remains viable without a power source.

"The memory sector is going through a recovery cycle this year - and typical of this first phase is that it is a multiple expansion and anticipation of many good… read more

Apple has introduced a new generation of iPhones. The price remained the same as the last generation. Apple will also stop producing iPhones Pro Max with the lowest memory.

Here is a selection of analyst reactions:

Analysts at Morgan Stanley wrote that one-year estimates remain unchanged and China will continue to weigh on the company's stock in the short term, but there is potential to improve expectations for 2024 .

JPMorgan analysts wrote that while product prices have not… read more