February 26, 2021
“U.S. household income jumped 10% in January as the government delivered stimulus payments to households and consumer spending rose briskly, priming the economy for a burst in growth this year. The increase in income was the second largest on record,… Continue Reading…
February 18, 2021
“If inflation expectations remain upbeat, they could help to rebalance stock markets, sapping high-growth sectors like technology while boosting long unloved sectors such as financials and energy, which are typically more positively correlated with rising inflation…” https://www.ft.com/content/00c99cd2-7f9a-4a37-bb20-ce8d96f2527f?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev This is extremely… Continue Reading…
January 25, 2021
“Sales of skateboards, Legos and other playthings propelled U.S. toy sales to $25.1 billion last year, a 16% increase from 2019, as consumers looked for ways to pass the time during the coronavirus pandemic, The NPD Group said Monday… Although May showed the… Continue Reading…
December 11, 2020
“Southwest Airlines Co. (LUV)… …From a technical standpoint, the share price broke out above a nine-month downtrend line that may see it retest its pre-pandemic high at $58.83. The airline has a market cap of $27.35 billion… Delta Air Lines,… Continue Reading…
December 7, 2020
“1. BlackBerry Ltd BB | Increased +38.54% | Price $8.52 BlackBerry (BB) – Get Report shares were rising after it announced a deal with Amazon’s cloud business. BlackBerry was one of the top five stock gainers on Tuesday. 2. United Microelectronics UMC | Increased +27.26% |… Continue Reading…
November 4, 2020
“U.S. stocks climbed on Wednesday, led by tech shares… The Dow Jones Industrial Average jumped 610 points, or 2.2%. The S&P 500 traded 2.3% higher. The tech-heavy Nasdaq Composite popped 3.2% as investors crowded back into the trade that’s been… Continue Reading…
July 31, 2020
“The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy. It was the 19th straight… Continue Reading…
July 22, 2020
“Typically, when a public company reports earnings, it highlights a positive in its release, no matter how much money it lost in the previous three months. But on Tuesday, United Airlines did not spin, telling investors it recently completed “the… Continue Reading…
July 10, 2020
“United Airlines is warning 36,000 employees — nearly half its U.S. staff — they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry… Airlines say they must shrink to… Continue Reading…
July 9, 2020
“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… Continue Reading…
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