IPO News and Press, Renaissance IPO From 01/09/24

2024-01-09 12:36:13 ET More on United States 30-Year Bond Yield: BofA’s FMS: Investor sentiment has picked up with higher growth expectations for 2024 Moody's cuts United States credit outlook to negative, reaffirms ratings For further details see: Ten sur...

2024-01-09 00:05:00 ET Summary These tech heavyweights delivered impressively in 2023. But the good news, in our view, looks priced in. Envy of the rest of the S&P 500, the “Magnificent Seven” - including Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla...

2024-01-08 19:55:00 ET Summary There was no Santa Claus rally in the last week of 2023 and the first two trading days of 2024 – which mark the technical definition of a Santa Claus rally. The last trading day of 2023 was down and so was the first trading week of 2024. B...

2024-01-08 09:00:19 ET SA commentary For further details see: IPO Roundup: Amer Sports, Smith Douglas Homes, and more

2024-01-08 08:00:00 ET Summary The stock market rally in 2023 was primarily enjoyed by seven large-cap technology stocks, but I expect the rally will ultimately widen in 2024 for both stocks and bonds. The Federal Reserve is projected to shift from tightening to accommodation as i...

2024-01-06 11:20:00 ET Summary While the calendar was quiet this past week, six IPOs joined the pipeline, two of which we estimate could raise $1 billion or more. Three biotechs filed to raise $100 million. Smith Douglas Homes is scheduled to go public in the week ahead in wha...

2024-01-06 08:15:00 ET Summary Global equity markets experienced a surge in 2023 driven by economic growth and investor confidence. US equity returns exceeded expectations despite concerns about higher rates, inflation, and geopolitical tension. In 2024, investors should focus...

2024-01-06 02:10:00 ET Summary While the ‘Magnificent 7’ accounted for the majority of the S&P 500 gains in 2023, this narrow performance concentration is finally showing signs of broadening out. The so-called “Magnificent 7” accounted for most of t...

2024-01-05 20:15:00 ET Summary Using the last “live” report from IBES data by Refinitiv, the new “forward 4-quarter estimate” (FFQE) will be somewhere close to $243.98. The S&P 500 earnings yield jumped to 5.19% this week, using that “FFQE&#x...

2024-01-05 02:00:00 ET Summary The year started out with a massive run up in treasury yields that began in mid-2020 nearly resulted in financial catastrophe for the US banking industry. 2023 was another year in which geopolitics remained center-stage for global investors. For ...