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Reports Q1 2021 earnings Thursday, May 13, after the close Revenue Expectation: $718 M EPS Expectation: -$1.06 When Airbnb (NASDAQ:ABNB) releases its latest quarterly report later today, investors...
Global markets plunge after US equity slump on Wednesday Oil slides Bitcoin tumbles Key EventsOn Thursday, futures on the Dow, S&P, NASDAQ and Russell 2000 were all trading in the red...
Commodities are hot. So hot analysts are debating whether a multi-year supercycle for commodities is here.After a challenging start to 2020, especially in the early days of the pandemic, commodities...
Memo from the natural gas bear to the bull: “It’s getting hot in the US South.”Reply: “Yes, but it’s still chilly in the East, so I’ll take my chances!”The...
Mounting inflationary concerns have been buffeting equities for some time now. Recently, the market sector that's suffered the most are high-flying technology stocks, after a stellar...
Reports Q2 2021 earnings on Thursday, May 13, after the close Revenue Expectation: $15.86B EPS Expectation: $0.27 For investors in the Walt Disney Co. (NYSE:DIS), tomorrow’s quarterly report is...
All eyes on today's US CPI print amid ongoing inflation debate Europe outperforms, betting on the reflation trade Oil steadies Key EventsShares in Europe edged higher on Wednesday morning after...
Shares of telecom giant Verizon Communications (NYSE:VZ) have returned about 6% over the past year but are flat for 2021. Compared to other tech stock that have seen double-digit returns over the past...
Industrial sector stocks have been some of this year’s best performers as investors dumped the 2020 high-flyers, shares in technology companies, and piled into names that are sensitive to the...
It's been a rough few days for stock market investors. Profit-taking across all major indices has meant increased pressure for many stocks, especially tech shares, and once again, Wall Street has been...
The words “tin” and “short squeeze” have become almost inseparable this year as the metal used for soldering and making steel can coverings and foils remains in chronically...
Lumber futures took a dive yesterday, right after they hit a new all-time high. The much sought-after commodity lost almost 4% of value, ending an uninterrupted 14-day run higher.Still, the...
Reports Thursday, May 13, before the open Revenue Expectation: $27.83B, EPS: $1.79 When the Chinese e-commerce giant Alibaba (NYSE:BABA) reports its fiscal fourth-quarter earnings on Thursday,...
Over-valued tech stocks dented most by inflation fears Oil stabilizes following US pipeline cyberattack Bitcoin tumbles Key EventsYesterday's technology stock dump on Wall Street went viral on...
Shares of cannabis grower Cronos Group (NASDAQ:CRON) (TSX:CRON) closed up last week, despite worse-than-expected first-quarter results.The Canadian-based marijuana company missed expectations when it...
It seems consumers are keen to get back to shopping. As economies are reopening following COVID-19 lockdowns, shoppers are returning to stores, although there are some changes to the way they are...
First it was lumber. Then copper. Now, it’s iron ore.Price pressures in building materials are just skyrocketing in the United States as an economy rip-roaring in its recovery from COVID-19 sets...