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US Dollar to 111.00 Euro to dollar-parity Oil to fall below $90 Key EventsOn Wednesday, US futures on the Dow, S&P, Nasdaq, and Russell 2000 drew breath ahead of the publication of Federal...
Citigroup says oil could collapse to $65 a barrel by the end of this year and slump to $45 by end-2023 if a demand-crippling recession hits. Let’s not go that far. Will we get to $85 before...
Shares of the semiconductor giant Advanced Micro Devices have declined roughly 49% so far in 2022 Supply-chain issues, and rising inflation have led to a significant selloff in the semiconductor...
The most significant risk for Apple’s earnings outlook is falling demand for hardware and services due to worsening macroeconomic conditions So far, analysts are divided on whether Apple will...
Micron’s massive Q4 cut reflects sharp decline in smartphone and PC demand Shares hit a new 52-week low on Friday Is now the right time to buy the stock according to InvestingPro+...
Legendary value investor Warren Buffet has been buying Occidental (NYSE:OXY) shares and now has a 17.4% stake. His reasoning is that the stock is fundamentally undervalued despite it posting one of...
Euro slumps to the lowest since 2002 US dollar rallies Oil steady Key EventsAfter the July 4 holiday, US futures on the Dow, S&P, NASDAQ, and Russell 2000 as well as European stocks...
One of the biggest names in the cannabis sector, Canopy Growth (NASDAQ:CGC), took a pounding to close out the month of June, ending last week down about 20%.The fall was triggered by the Canadian...
Deepening worries about a recession could weigh on the demand outlook for oil this week, despite tight supply concerns and the prospect of US job gains in June which might cause a new bout of...
Oil and natural gas came under pressure in June while interest rate hikes fueled concerns of an upcoming recession. Uncertainty coupled with profit-taking prompted a wave of selling in a wide range of...
Shares of UnitedHealth are up around 3% since the beginning of 2022. It has grown through organic and acquisition growth Long-term investors could consider buying shares now Shareholders in the...
One must go a long way back—to 1970, in fact, to find a first-half as bad for investors as H1 2022.The S&P 500 fell nearly 21% in the half and 8.4% in June. For the year to date, the index...
A sharp drop in the GDP tracker at the Atlanta Federal Reserve indicates the US could already be in a recession, as it fell to a minus 2.1% for the second quarter, following minus 1.6% in the...
Amid soaring inflation and rising market uncertainty, Americans are taking a breather to enjoy the long July 4 weekend.Around 84% of Americans plan to celebrate Independence Day by spending on average...
Oil bulls might still be grimacing while the bears rejoice over June’s extraordinary plunge that led to crude's first loss in a month since November. Moving on from that is the bigger story...
Sharp slide in NVIDIA’s stock shows investors are already pricing in recession The chip industry is closely tied to economic cycles NVDA serves cloud computing and artificial intelligence, which...
Wall Street struggled to regain ground in June amid unprecedented global macroeconomic headwinds, including intensifying geopolitical tensions, rising global financial uncertainty, ongoing supply...