Investing, Trading, Stocks and Forex News
As the Christmas season approaches, traditionally marked by increased discretionary spending, retailers anticipate a much-needed boost. The consumer discretionary sector has faced considerable challenges in recent years, with many retailers…
Inflation accelerated significantly last year, hitting a four-decade high of 9.1% in June 2022, pushing food prices higher. This led to many retailers experiencing consumers pulling back on spending. While…
Natural gas company The Williams Companies, Inc. (WMB) , boasting a market cap of over $43 billion, recently outperformed third-quarter estimates, driven by increasing revenues generated from its midstream business.…
Hertz, a rental car company, once envisioned itself as the ultimate EV broker, offering battery-powered vehicles to ride-hail drivers, business travelers, and tech newbies in an ambitious plan to capitalize…
Financial services giant Visa Inc. (V) beat revenue and earnings forecasts in its last reported quarter, propelled by a sustained resurgence in international travel post-pandemic. The results, announced following market…
The Biden Administration has reinforced measures to curb the semiconductor exports of U.S. chipmakers to China, effectively plugging regulatory loopholes identified last year. This move enhances the stipulations set forth…
Intel Corporation (INTC), a world leader in the design and manufacturing of computing and other related products, reported fiscal 2023 third-quarter results, surpassing analysts’ expectations on the top and bottom…
New Podcast The Federal Reserve kept interest rates elevated after their meeting on Wednesday but traders are more optimistic for rate cuts in 2024 than they were before the meeting.…
Having seen a large number of research reports, focusing on next 20-25% only, but on equities that went up several fold, are in stark contrast to how a long term…
Oil behemoths Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) recently reported third-quarter results, indicating enduring difficulties in accelerating oil production growth. Earnings have significantly dropped from the year-ago quarter,…
Last week, LG Ad Solutions, the ad-tech division of South Korean electronics manufacturer LG Display Co., Ltd. (LPL) and Nielsen, a global leader in audience measurement, data and analytics, signed…
The decades-old Israel-Palestine conflict over territory held sacred to both nations saw its deadliest escalation when Hamas initiated a widespread onslaught early morning on October 7. The calamitous events that…
Shares of Snap Inc. (SNAP), the parent company of leading social media platform Snapchat, with a market cap of over $15 billion, witnessed a 12% uptick after an internal memo…
New Podcast The funds are now short corn, wheat, and soybeans. US harvest is nearly 50% complete for corn and soybeans. Canada is wrapping up canola and spring wheat. Demand…
In a bear market, stocks may seem like mouthful of hot molasses, too sticky to spit out, too hot to swallow.While claims of creating material wealth are true in equity…
QUALCOMM Incorporated (QCOM), valued at over $124 billion, specializes in wireless technology development, licensing, and smartphone chip design. The firm’s key patents are focused on CDMA and OFDMA technologies, fundamental…
Ford Motor Company (F) has been dealing with the United Auto Workers (UAW) strikes. Now, another difficulty confronts the automaker — it recently issued two separate recalls, affecting 273,127 vehicles…
Right now the most important thing on investor’s minds is the dramatic rise in bond rates, and how that makes stocks less attractive. I tackled that subject pretty thoroughly in…
Global technology powerhouse Microsoft Corporation (MSFT), worth nearly $2.47 trillion, concluded its $69 billion acquisition of renowned game developer Activision Blizzard, Inc. last week, pulling off history’s most prominent tech…
Vancouver, Canada-based athleisure fashion retailer Lululemon Athletica Inc. (LULU) is set to join the S&P 500 index on October 18, replacing video-game company Activision Blizzard Inc., which Microsoft Corp. (MSFT) recently acquired for $68.7 billion…