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Energy

“Short interest in energy stocks increased in the past month”

“Investors increased their bearish bets in the energy sector in the past month, as a decline in crude oil prices led to broad weakness in the sector. Based on the most recent exchange data, the median industry short interest, or… Continue Reading…

Economy

“Jobless claims: Another 268,000 individuals filed new unemployment claims last week”

“…The Labor Department released its jobless claims report Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended November 13: 268,000 vs. 260,000 expected and an upwardly revised 269,000 during prior week … Continue Reading…

Economy

“Solar prices jumped in the second quarter, reversing recent trends, on material costs and supply chain issues”

“… Supply chain bottlenecks and rising raw materials costs are hitting the solar industry. Prices rose quarter over quarter and year over year during the second quarter across residential, commercial and utility-scale solar for the first time since Wood Mackenzie… Continue Reading…

Economy

“April jobs report: Payrolls rose by 266,000, sharply missing estimates, as unemployment rate increased to 6.1%”

“The Labor Department released the April jobs report Friday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus data compiled by Bloomberg: Non-farm payrolls, April: +266,000 vs. +1.000 million expected and a revised +770,000… Continue Reading…