IPO News and Press, Renaissance IPO From 07/24/24

2024-07-24 07:45:00 ET Summary Momentum continued in the second quarter, with U.S. equities still led by the large technology stocks known as the Magnificent 7. History shows that a strong first half of the year often leads to a strong second half. There will be presidential e...

2024-07-24 07:15:00 ET Summary 78% of S&P 500 constituents surpassed EPS expectations vs. S&P Capital IQ Estimates, a 4% increase compared to Q4 2023 (74%), 2% decrease compared to Q3 2023 (80%), 1% decrease compared to Q2 2023 (79%) and a 1% increase compared to Q1 2023 (77%)...

2024-07-23 09:10:00 ET Summary One month ago, Political Calculations' monthly snapshot of the future for the S&P 500's quarterly dividend payouts dimmed for the first time in months. The outlook for the remaining quarters of dividends for the S&P 500 improved over the past...

2024-07-22 03:40:00 ET Summary Corporate high-yield credit spreads tightened again this week to +309, down from +323 on July 5th, +324 on June 21, and +342 on April 19 ’24. Gradually tightening corporate high-yield credit spreads imply a US economy that remains in reasonabl...

2024-07-20 01:15:00 ET Summary The economic strength that has delayed Fed cuts should support a positive backdrop for corporate earnings. The narrowness of market gains remains a concern, with the equity rally seemingly hostage to the performance of Magnificent 7 technology stocks...

2024-07-19 09:30:00 ET Summary Over the last few years, a handful of “Mega-Capitalization” stocks have dominated market returns. Given the speed at which technology and the economy rapidly change, such suggests that leaders of the last decade may not be the leaders o...

2024-07-18 03:20:00 ET Summary Q2 S&P 500® EPS growth expected to come in at 9.3%, the highest rate in over two years. Banks kicked things off with mixed results, but overall top- and bottom-line results were good enough to boost S&P 500 growth rates. Peak weeks f...

2024-07-17 06:15:00 ET Summary A close election could see increased U.S. equity volatility followed by a relief rally while resulting policy impacts could take time to play out and may be affected by fiscal constraints. Biden and Trump are on common ground when it comes to China, ...

2024-07-16 10:01:28 ET More on Renaissance Capital Greenwich Funds - Renaissance IPO ETF: IPO ETF: Hard To Know Where It Fits IPO Roundup: Ardent Health, TWFG, Artiva Biotherapeutics, and more IPO Roundup: Actuate Therapeutics, Autozi Internet, and more Seeki...

2024-07-16 07:50:00 ET Summary We think a transformation akin to past technological revolutions is gearing up. We keep leaning into risk and the AI theme while upgrading UK stocks. U.S. stocks hit a new record high last week while 10-year Treasury yields fell. Volatility in small ...