Benzinga reviews this weekend’s top stories covered by leading media outlets. Here are the articles investors need to read.
“How water scarcity threatens the global economy,” by Barron’s Lauren Foster, explores how increasing water scarcity in the United States and around the world could soon have significant economic impacts.
At Barron’s”T-Mobile toppled Verizon. It’s time to buy the stock‘ writes Nicholas Jasinski now T-Mobile US Inc TMUS has become the country’s leading mobile operator, its stock could see gains as a result.
“Investors are increasing their bets against the stock market as the summer rally fizzles out,” by The Wall Street Journal’s Hannah Miao, describes the growth in net short positions against S&P 500 futures over the past few months, reaching levels not seen in two years.
In the Wall Street Journal “Inventory backlog, restive shoppers put retailers at risk“, Sarah Nassauer likes to write about the concerns of the dealers Walmart Inc WMT and BestBuy Co. Inc BBY as analysts predict the slowest sales growth between November and January in years.
“Bitcoin drops to around $20,000 after Jackson Hole warning‘ notes Bloomberg’s Joanna Ossinger Bitcoin BTC/USD continues to hover around the $20,000 mark after the Fed chair Jerome Powells Speech at the Jackson Hole conference.
In Bloomberg’s “Federal minister says gas storage tanks are filling up faster than plannedIain Rogers writes that Germany’s economy minister says gas storage facilities are filling up faster than planned, despite concerns about supply from Russia’s Nord Stream pipeline.
Also read: How Did Wall Street Analysts Adjust Price Targets After Tesla Stock Split?
At the time of writing this article, the author had no position in the stocks mentioned.
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