MARKET

Wells Fargo exec sees the most loan stress in older office buildings

Wells Fargo CFO Michael Santomassimo points out some bright spots along with loan problems in commercial real estate. Source link

MARKET

Walmart upgraded to buy as third-party sellers, advertising and improved fulfillment are winning customers

Advertising, online third-party marketplace sales and fulfillment services now account for about 80% of operating profit in the U.S. Source link

MARKET

Stock market faces midweek double whammy with Fed decision following CPI inflation reading

Stocks will enter the week near all-time highs as investors await a key inflation reading and guidance from the Federal Reserve. Source link

MARKET

Should investors expect more record highs?

The monthly contrarian update of market-timer sentiment Source link

MARKET

Roaring Kitty livestream: GameStop shares fall ahead of Keith Gill’s YouTube return

You can watch Roaring Kitty’s eagerly-anticipated livestream here. Source link

MARKET

SAP to acquire WalkMe in all-cash deal valued at about $1.5 billion

German enterprise software company SAP SE said Wednesday it has agreed to acquire WalkMe Ltd. in an all-cash deal valued at about $1.5 billion. Source

MARKET

‘Please, please stop filming us’: Chipotle employees rail against being filmed and say it won’t get you bigger portions

“There have been no changes in our portion sizes,” Chipotle’s chief corporate affairs officer said. Source link

MARKET

India ETF jumps as stock-market investors await country’s election results

Shares of an exchange-traded fund focused on stocks in India were climbing sharply Monday, as investors await results of the country’s general election. Source link

MARKET

OPEC+ agrees to extend oil-production cuts in effort to boost prices

The Organization of the Petroleum Exporting Countries and its allies agreed Sunday to extend deep production cuts in an effort to buoy oil prices. Source