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The prospect of rising interest rates has taken a hefty toll on Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW). Both stocks are down more than 8% this year, while the Dow Jones Industrial Average...
Semiconductor manufacturer Qorvo has seen its stock drop more than 13% so far this year. Despite the recent strong quarterly Q3 metrics, Qorvo stock has come under further pressure. Long-term...
Treasury yields rise again, weighing on stocks Oil trading above $90 US dollar flat Key EventsFutures on the Dow Jones, S&P 500, NASDAQ and Russell 2000 wavered in trading on Thursday ahead of...
In economic terminology, a V-shaped recovery occurs when a boom period matches the intensity and velocity of the preceding crash, with the two happening almost back to back.That’s the case with...
Financial technology (fintech) stocks were some of the hottest on Wall Street during the pandemic. Research by SVB Financial Group highlights that five of the ten most prominent venture capital-backed...
During February, silver has been recouping some of the losses it experienced during January, when precious metals along with a broader array of assets all dropped after the US Federal Reserve suddenly...
Easing yields boost US futures Tech shares lift European stocks Asia jumps with Alibaba Key EventsOn Wednesday, US yields slipped, providing more runway for US futures on the Dow Jones, S&P 500,...
Payment processor Mastercard stock is up around 4.5% in 2022. Robust Q4 results contributed to the positive sentiment in MA stocks However, there could soon be profit-taking in Mastercard shares,...
Worries over soaring inflation and the Federal Reserve’s plans to raise interest rates have been the primary driver of market sentiment in recent months.As such, all eyes will be on...
Non-fungible token (NFT) investors have a special reason for tuning into the Super Bowl LVI next Sunday. In September 2021, the National Football League (NFL), along with the National Football League...
Oh, CPI, CPI, what will yer bring?Thursday’s much-anticipated US Consumer Price Index for January could mean different things for different markets.An annual reading below the forecast...
Small cap stocks, along with their primary index the Russell 2000, have had a hard time of it, ever since the COVID pandemic began in 2020. First, mega cap growth stocks became the rage, then, just...
Reports Q2 2022 results on Tuesday, Feb.8, after the market close Revenue Expectation: $1.14 billion EPS Expectation: -$1.21 Today’s earnings release from exercise product maker Peloton...
Investors sell 10-year Treasuries Iron ore, aluminum boost mining stocks Bitcoin recovers Key EventsUS futures on the Dow Jones, S&P 500, NASDAQ and Russell 2000 wobbled on Tuesday,...
Two of the biggest players in the cannabis sector will be offering a glimpse of how well the industry is performing later this week when they reveal their latest earnings figures.Canopy Growth and...
Wall Street was pleased with Alphabet's (NASDAQ:GOOGL) Q4 and FY 2021 results released on Feb. 1. Before the release GOOGL stock was around $2,700. The next day, it surged to $3,030.93. The tech...
The Russia-Ukraine conflict hasn’t just sent oil and gas prices through the roof. Metal prices are caught in the upwave too, with Russia’s position as a major commodities producer skewing...