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Stocks

“Nvidia stock closes at new record ahead of CEO Jensen Huang’s CES keynote”

January 7, 2025

“Nvidia (NVDA) stock closed at a record high on Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas. Shares rose more than 3% to $149.43 — north of Nvidia’s previous record closing price… Continue Reading…

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Business

“Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election”

September 5, 2024

“…The sporting goods store comes behind a string of other retailers that issued muted or cautious guidance for the back half of the fiscal year as companies prepare for the presidential election in November and what some fear could lead… Continue Reading…

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Banking, Economy

“Sinking Treasury yields signal growing jitters about ‘everything’ ahead of Friday jobs report”

August 5, 2024

“…Thursday’s post-data rally in Treasurys sent yields plunging on everything from the 1-month T-bill BX:TMUBMUSD01M through the 30-year bond BX:TMUBMUSD30Y. The policy-sensitive 2-year rate BX:TMUBMUSD02Y dropped 17.4 basis points, or the most in a single session all year, to 4.163%. The 30-year yield fell 10… Continue Reading…

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Stocks

“Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings”

April 25, 2024

“…The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump… Such concerns have driven the stock down nearly 43%… Continue Reading…

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Business

“Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead”

April 8, 2024

“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…

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Economy

“Biden okays $60 million in aid after Baltimore bridge collapse as governor warns of ‘very long road ahead’”

April 2, 2024

“Maryland Gov. Wes Moore warned Thursday of a “very long road ahead” to recover from the loss of Baltimore’s Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse… The sudden… Continue Reading…

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Energy

“Global Fuel Prices Are Surging With Supply Risks Ahead”

March 14, 2024

“Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue…” https://www.yahoo.com/news/surging-gasoline-prices-add-inflation-021939727.html Plus… Continue Reading…

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Business, Economy

“Amazon hikes pay in the UK, plans to hire 15,000 seasonal workers ahead of the holidays”

October 9, 2023

“Amazon is planning to hike pay for its operations workers in the U.K. and add 15,000 new staff ahead of the holidays, as the e-commerce giant prepares itself for a wave of demand ahead of Christmas. The company said Monday that it would… Continue Reading…

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Economy

“There’s a record $5.3 trillion is cash on the sidelines as investors get more bearish on stocks. Here’s why that could mean big gains ahead.”

May 8, 2023

“… Investors are hoarding cash at record levels and there’s no sign of the trend reversing amid high interest rates and depressed investor sentiment towards the stock market. Money market fund assets have ballooned to a record $5.3 trillion, with… Continue Reading…

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Economy

“Inflationary Times Ahead: A Year of Rising Prices”

February 23, 2023

“EDITOR’S NOTE: The prospect of inflation is looming large in the minds of investors and economists around the world. With prices of goods and services on the rise this year, many are wondering if we are on the cusp of… Continue Reading…

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