Benzinga reviews this weekend’s top stories as reported by Barron’s. Here are the articles investors need to read.
“What everyone got wrong about the economy – and the ominous consequences for the Fed,” by Megan Cassella, examines why many Wall Street economists failed to anticipate the sharp downturn in markets in 2022 and what that means for the future.
In “PayPal’s outgoing CEO Dan Schulman is buying up stock,” Ed Lin states the number of shares purchased by PayPal Holdings Inc PYPL outgoing CEO Dan Schulman, His purchase comes about a week after he announced his upcoming retirement.
“Booking CEO sees consumer travel surge,” by Eric Savitz, explains why Booking Holdings Inc BKNG CEO Glenn Fogel Is “quite positive about the travel environment at the moment” as January was the company’s highest monthly booking total to date.
In “Lithium stocks will do well even if lithium prices fall. Here’s why‘ writes Al Root that even if the lithium price falls, the prospects for lithium mining stocks, including Albemarle Corporation ALB And livent corp LTHMremain bullish.
“Loeb’s third point opens proxy competition at Bath & Body Works,” by Carleton English, looks to the future Bath & Body Works Inc BBWI As activist Third Point said, it plans to push for margin improvement and transform the company into a global direct-to-consumer brand.
At the time of writing this article, the author held a position at PayPal.
Photo: Shutterstock
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