July 1, 2024
“…Nvidia stock’s Friday close at $131.88 put its relative strength index at 80. RSI is a measure of how fast a stock, a commodity or an index is rising — or falling… For Nvidia, 80 is a high reading and, more… Continue Reading…
June 4, 2024
“…The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop-off that analysts expected, according to StreetAccount. The company also reaffirmed its fiscal year guidance, which projects sales to be between a… Continue Reading…
April 12, 2024
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December 20, 2023
“More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back… 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…
October 31, 2023
“…The most surprising finding is how thoroughly the “Big 3” investors—BlackRock, Vanguard and State Street—turned against environmental and social shareholder proposals in the past year. In the U.S., BlackRock’s support for E&S proposals dropped from 41.3% in the 2020-21 season, to 23.7% in… Continue Reading…
October 12, 2023
“Crude futures fell more than 2% following a hotter-than-expected Producer Price Index inflation print and signs that a conflict between Israel and Hamas may not extend to other countries, namely Iran… “While uncertainty is high, war in Israel is unlikely… Continue Reading…
July 21, 2022
“Initial jobless claims hit their highest level since mid-November last week, the latest sign that a historically tight labor market is beginning to slow, according to Labor Department data released Thursday. Claims totaled 251,000 for the week ended July 16, up 7,000… Continue Reading…
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