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Reports FY Q1 2023 results on Tuesday, May 17, before the open Revenue expectation: $138.83 billion EPS expectation: $1.47 If you’re interested in upgrading your search for new investing...
Economic worries return Bitcoin slid below $30,000 Oil crept lower Key EventsRetail sales data from China showed that the economy there was harder hit by recent coronavirus restrictions than expected....
The growing prospect of a slowdown in the world’s top two economies will likely weigh on oil again this week, extending its volatility, while gold tries to cling to the key $1,800 level despite...
Memorial Day, at the end of May, marks the start of the US summer travel season. And this year, according to the US Travel Association, “about 6 in 10 Americans are planning at least one summer...
Four more years. The Senate voted 80-19 last week to confirm Jerome Powell for a second term as chairman of the Federal Reserve last week, in a bipartisan vote that was largely expected.So, a middling...
With the majority of mega-cap earnings results already released, this upcoming week's reports will focus mostly on retailers and their forecasts for the second half of this year amid inflationary...
Apple is down more than 20% since its January peak It has a history of weathering economic downturns Apple’s cash pile offers another solid support If you’re interested in upgrading your...
Record-high fuel prices are testing the mettle of US consumers. How much further can they go, before the bubble pricks, is what oil bulls are trying to find out.As crude markets were set to finish a...
Broader US markets are still struggling to find a near-term bottom. It has been a tough couple of days for shareholders in virtually every market sector.The most recent US consumer price index (CPI)...
Two weeks ago, Intel (NASDAQ:INTC) CEO Pat Gelsinger predicted the computer chip industry would be under-supplied through 2024. Gelsinger blamed insufficient manufacturing equipment.Last year...
The global energy complex is in the midst of a supercycle, according to a recent note by JPMorgan Exxon’s first-quarter earnings were the highest since 2014 The US oil giant is favoring...
US CPI remains elevated Bitcoin plunges US yield curve flattens Key EventsOn Thursday, Dow Jones, S&P 500, NASDAQ 100, and Russell 2000 futures extended the previous day's selloff of the...
Is the rally in natural gas cooling? In a sense, the answer may lie in the weather, which, on the contrary, is finally turning balmy in parts of the US where it matters.Officially, the so-called...
Last week, the Federal Reserve (Fed) delivered the sharpest rate hike in more than two decades, raising interest rates by 50 basis points. A sharp multi-day sell-off on Wall Street followed the...
The S&P 500 Index rebounded 0.25% yesterday, ending a three-day losing streak that pressed the index below the critical 4,000 level for the first time since March 2021.Last month, the gauge...
Deutsche Bank predicts the most aggressive monetary tightening since the 1980s Cash-rich companies with a history of paying dividends are one of the safest areas of the market Dividend stocks from...
Will CPI data settle the ongoing inflation debate? Oil recovers as China's COVID spread slows Bitcoin recovers Key EventsOn Wednesday, European stocks and futures on the Dow Jones, S&P 500, NASDAQ...