December 18, 2023
“Mortgage rates continued to drop last week after hitting a 23-year high in October. Between Dec. 1 and 7, rates for 30-year fixed-rate mortgages fell from an average of 7.05% to 6.95%, according to mortgage finance agency Freddie Mac. This marks the seventh straight… Continue Reading…
November 20, 2023
“China and Saudi Arabia have signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries across the Middle East look to shift more of their non-oil trade away from the dollar. The two countries’ central banks… Continue Reading…
November 17, 2023
“…JIC is considering making an offer to the company as early as this year, the Nikkei newspaper reported over the weekend. JSR will discuss the matter in a board meeting on Monday and make an announcement once a decision is… Continue Reading…
July 28, 2023
“…For the third quarter, Intel expects earnings of 20 cents per share, adjusted, on revenue of $13.4 billion at the midpoint, versus analyst expectations of 16 cents per share on $13.23 billion in sales. Intel posted net income of $1.5… Continue Reading…
February 16, 2023
“…In their forecast, Shopify executives guided for revenue to grow “in the high-teen percentages” in the fiscal first quarter, while not providing a forecast for any profit metric nor for the full year. Analysts on average were projecting first-quarter revenue… Continue Reading…
January 16, 2023
“The International Monetary Fund said that fragmentation could cost the global economy up to 7% of GDP in a new report… The IMF lists a number of factors contributing to increasing global fragmentation, including Russia’s invasion of Ukraine and the Covid-19 pandemic… The IMF… Continue Reading…
May 17, 2022
“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…
April 26, 2022
“OneMain Holdings (OMF)… In line with this comments, Kaye rates OMF stock an Overweight (i.e. Buy), with a $70 price target that indicates room for ~41% upside in the coming year… While upbeat, Kaye’s take on OneMain in certainly not… Continue Reading…
February 17, 2022
“Drivers best start bracing for another surge in gas prices amid the conflict between Russia and Ukraine and years of under-investment by the oil industry, warns one veteran energy strategist. “My guess is that you are going to see $5… Continue Reading…
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