Market Watch

The Relative Strength (RS) Rating for NVIDIA ( NVDA ) moved up into a new percentile Tuesday, as it got a lift from 70 to 78. When looking for the best stocks to buy and watch , one factor to watch closely is relative price strength. This exclusive rating from Investor’s Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks stacks up against all the other stocks in our database. History reveals that the best-performing stocks often have an 80 or higher RS Rating as they begin their biggest runs. See if NVIDIA can continue to rebound and hit that benchmark. While now is not an ideal time to invest, see if the stock continues the recent upward move and goes on to offer and clear a proper buy point. Next earning report is not until late February. Earnings growth moved up last quarter from -51% to -50%, but sales fell from 3% to -17%. The company holds the No. 13 rank among its peers in the Electronics-Semiconductor Fabless industry group. Impinj ( PI ) and Broadcom ( AVGO ) are also […]

Click here to view original web page at www.investors.com

A file photo showing the logo of Morgan Stanley is seen in New York January 9, 2013. REUTERS/Shannon Stapleton Jan 17 (Reuters) – Shares in Morgan Stanley (MS.N) soared over 7% in early trading as the bank reported a smaller-than-expected 41% drop in fourth-quarter profit on Tuesday, driven by higher revenue at its wealth management division and a boost from its trading business. The bank’s performance in those sectors helped offset sluggish dealmaking activity in the face of rapidly deteriorating macroeconomic conditions and geopolitical tensions. UBS in a note said Morgan Stanley’s fourth-quarter core trends were encouraging. Revenue from Morgan Stanley’s investment banking business fell 49% to $1.25 billion in the fourth quarter, with revenue declines across the bank’s advisory, equity and fixed income segments. The investment banking business slowdown weighed on the company’s net revenue, pulling it down 12% to $12.7 billion. "I am highly confident that when the Fed pauses, deal activity and underwriting activity will go up," Chief Executive Officer James Gorman told analysts in a call. Latest Updates Still, Chief Financial Officer Sharon Yeshaya told Reuters earlier on Tuesday that the bank is comfortable with its headcount after recent layoffs. Morgan Stanley had cut 2% […]

Click here to view original web page at www.reuters.com

Photographer: Andrey Rudakov/Bloomberg Silvergate Capital Corp. surged after posting fourth-quarter results that gave investors an indication the crypto-focused bank has so far weathered the FTX meltdown, even after it was forced to fire staff and sell assets. Silvergate reported a $1 billion loss for the period and said it will shed some non-core, digital-asset customers, eliminate a portion of its digital-asset product portfolio and assess its pipeline of prospective customers. Still, investors — who’d already digested preliminary results earlier this month revealing a dramatic draw down in deposits and plans to fire 40% of the bank’s staff— seized on some bright spots. “Things have kind of troughed out a little bit, and I don’t really think there were any surprises,” KBW analyst Michael Perito said in a phone interview. He pointed to Silvergate’s $4.6 billion of cash on hand as well as its $12.93 in book value per common share — a key gauge of bank health that was better than Perito expected. “The business is intact, and has battled through a historic shock to its system, with still plenty of capital and liquidity at hand,” Perito wrote in an earlier note. Silvergate’s total average deposits for digital-asset customers […]

Click here to view original web page at www.bloomberg.com

The storefront of Trademark Threads on Fifth Avenue in New Kensington is decked out for winter. A downtown New Kensington business is among the first three to be designated as “sustainable workplaces” by Sustainable Pittsburgh. Trademark Threads , an embroidery and printing business at 1007 Fifth Ave., earned a silver level designation. The nonprofit Sustainable Pittsburgh says its program recognizes any business, nonprofit or other organization that has demonstrated a commitment to environmental, social and governance performance. The University of Pittsburgh earned a platinum level designation, while Allegheny County government’s Downtown campus received gold level. That quad includes the health department administration building, county office building, family law court building and the county courthouse. “We are thrilled to recognize these first three workplaces for their achievements in driving measurable progress in advancing socially just and environmentally sustainable operations,” Sustainable Pittsburgh Executive Director Joylette Portlock said. “These leaders are setting an example for their peers in Southwestern PA by embedding sustainability as a core value to their operations, both internally and within the community.” Sustainable Pittsburgh said it evaluates workplaces on categories and actions such as carbon reduction, diversity, equity and inclusion, resource conservation, responsible sourcing and product design. Four […]

Click here to view original web page at triblive.com

Texas Ranked As The Third Best State To Start A Business 1 Starting a new business is difficult, but some states were found to have better opportunities for future business owners. A new study found that Texas has the ideal environment for entrepreneurs . When someone wants to start a business, they must choose the right state for a business. According to WalletHub, a state that provides the ideal conditions for business creation, access to cash, skilled workers and affordable office space, can help new owners thrive despite the market. On Jan. 17, WalletHub released its report on 2023’s Best and Worst States to Start a Business . The findings showed that Texas is the third best place to start a business, behind Utah and Florida. “According to the United States Census Bureau, the top five states in numeric growth from 2021 to 2022 are Texas, Florida, North Carolina, Georgia and Arizona,” said Jae Hyeung Kang, associate professor at Oakland University. For the report, WalletHub compared 50 U.S. states across 27 key indicators of startup success. The data set ranges from financing accessibility to the percentage of residents who are fully vaccinated against COVID-19 to office space affordability. “No […]

Click here to view original web page at localprofile.com

A Rockland logistics company claims that a government-connected business has refused to pay for nearly 10,000 Covid-19 tests administered in Bergen County, New Jersey. Tesfast LLC of Airmont accused Fastmed LLC of New Jersey of pocketing payments for services, in a complaint filed Jan. 11 in U.S. District Court, White Plains, and Bergen County of unjustly benefitting from the arrangement. Tesfast mobile Covid-19 testing in Bergen County, NJ Tesfast claims it had an oral agreement with Fastmed to provide mobile Covid-19 testing in Bergen County. The Rockland company agreed to provide the tests, testing vans and employees, and to administer the tests and get them processed at laboratories. The New Jersey company would handle the billing and provide supplies, according to the complaint, and the partners would share profits on a 50-50 basis after expenses. For three weeks, from December 2021 to January 2022, the complaint states, 9,980 tests were administered in Bergen County. Fastmed allegedly collected about $2.5 million — $251 per test — but has never paid Tesfast for its half of the profits. Instead of paying, the complaint states, Fastmed complained that Tesfast was slow and there were “too many headaches with you guys.” The Tesfast […]

Click here to view original web page at westfaironline.com

Davos, Switzerland CNN — Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession clouding the outlook and restraining investment. Now, cautious optimism is peeking through. That’s thanks in large part to China , whose sudden removal of strict coronavirus restrictions late last year is expected to unleash a wave of spending that may offset economic weakness in the United States and Europe. “The reopening of China has to be the major event and it will be a major driver of growth,” Laura Cha, chair of Hong Kong Exchanges and Clearing, said at the World Economic Forum in Davos, Switzerland on Tuesday. It’s an assessment shared by plenty of others attending the annual gathering of executives, billionaires and politicians in the Swiss mountain resort, in contrast with the WEF’s survey of chief economists published Monday showing two-thirds of them think a recession in 2023 is likely. Douglas Peterson, the chief executive of S&P Global, said that despite his expectations for a shallow recession in Europe , the United Kingdom and the United States this year, China’s more relaxed approach to coronavirus — after three years of strict lockdowns, closed […]

Click here to view original web page at www.cnn.com

Disney ( DIS ) has hit back at activist investor Nelson Peltz amid its ongoing proxy battle with the hedge fund billionaire. "Nelson Peltz does not understand Disney’s businesses and lacks the skills and experience to assist the board in delivering shareholder value in a rapidly shifting media ecosystem," Disney said in an updated proxy statement on Tuesday, adding: "The current Disney board is the right board for shareholders." The company once again defended its stock performance under CEO Bob Iger’s watch, noting during his first bout as chief executive Disney’s total shareholder return totaled 554%, topping the 244% total return realized by the S&P 500 over that period. Additionally, amid Peltz’s repeated criticism of the company’s $71.3 billion purchase of 20th Century Fox in 2019, Disney doubled down on its Iger-era acquisitions, which also included Marvel in 2009 and Lucasfilm in 2012. The company argued the deals "transformed" the business into the media powerhouse it is today after Peltz told CNBC in a recent interview: "Fox hurt this company. Fox took the dividend away. Fox turned what was once a pristine balance sheet into a mess." Disney shares, which were little-changed in early trading on Tuesday, are up […]

Click here to view original web page at finance.yahoo.com

Business owners around the state will now have better access to advanced business support, research and expertise, thanks to a Kansas State University initiative to create more than 3,000 jobs and generate $3 billion in investment by 2030. Officials from the university and Network Kansas —a statewide network of nonprofit, business-building organizations and resources — on Tuesday morning announced a partnership between the two entities that will bring university-level resources, research and professionals to businesses in communities around the state. K-State is Kansas’ land-grant university, in that its establishment was partially funded nearly 160 years ago with revenue from the sale of federal lands . It became the first university in the U.S. created under the provisions of the Morrill Act, which gave land-grant universities a mission to teach and research practical agriculture, science, military science and engineering not only on their campuses but in their broader states. University president Richard Linton said the partnership is the 21st century version of that land-grant mission, and that it would take economic growth in Kansas "to the very next level." "Make no mistake, K-State is fully committed to this partnership and its mission," he said. "Together, we will advance prosperity in […]

Click here to view original web page at www.cjonline.com

MBA button on computer keyboard getty MBA enrollments are falling . In fact, they’ve been falling for years. Even the top programs experienced declining enrollments in 2022. There are all sorts of reasons for declining MBA enrollments including cost, perceived value, time-to-completion, shifts in the economy, relevance and micro-credentialing, among other challenges. But the real problems are embedded in MBA business models – especially with how they differentiate among market segments. While the top programs will survive, lesser programs have their hands full. If they want to stay revenue positive, they must separate themselves from the pack — or stay in a race to the bottom. Business Models Business models are extracted from business strategies, and business processes are derived from business models – which are often described in the Business Model Canvas , which consists of 9 elements: Key partners Key activities Key resources Value propositions Customer relationships Customer segments Channels Cost structure Revenue streams Let’s add another one: competition . Companies often examine these elements to develop their go-to-market tactics. MBA Business Models Business model diagram.getty It’s no different for MBA business models. Universities have partners, activities, resources, value propositions, customer (student) relationships, customer segments, channels, cost […]

Click here to view original web page at www.forbes.com