October 2023 - Page 37 of 71 -

When Work Doesn’t Work: The Failure Of The 9-To-5

Oct 26, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Work as a structure doesn’t have to be how it was! Less than a hundred years ago, we made it so people had 8-hour work days. Things can be reinvented again, and they likely will be. The 4-day workweek, remote work, and async communication are already changing how we interact with each other.Keynes […]

Intel Q3 Earnings And Revenues Beat Estimates

Oct 26, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Intel (INTC – Free Report) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 95.24%. A quarter ago, it was expected […]

Market Talk – Thursday, Oct. 26

Oct 26, 2023 Jeremy Parkinson Finance 0

ASIA:China kept its benchmark lending rates unchanged in line with market expectations during the monthly fixing. The one-year loan prime rate (LPR) remained at 3.45%, and the five-year LPR was steady at 4.20%. This decision was influenced by economic data indicating a stabilizing economy and a weaker yuan, limiting the need for further monetary easing. […]

Q3 Earnings Season Scorecard – Earnings Growth Turns Positive

Oct 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features a real-time update on the ongoing Q3 earnings season and new research reports on 16 major stocks, including Microsoft Corporation (MSFT), Novo Nordisk A/S (NVO), and Lowe’s Companies, Inc. (LOW). These research reports have been hand-picked […]

S&P And Nasdaq Play Catchup With Russell 2000 Weakness

Oct 26, 2023 Jeremy Parkinson Finance 0

For a change it wasn’t the Russell 2000 taking the bear market highlight report, but the S&P and Nasdaq instead. It was always going to be hard for indices trading near prior swing lows to hang on to those lows with the peer Russell 2000 (IWM) was in freefall. Today saw a decisive break of […]

Stocks Log Lowest Close Since Late May

Oct 26, 2023 Jeremy Parkinson Finance 0

Despite a brief paring of losses midday, Wall Street closed the day deep in the red, as a slew of tech earnings failed to impress investors. The Nasdaq and Dow each gave back triple digits for their sixth loss in seven sessions, the latter breaching the key 33,000 level. The S&P 500, meanwhile, logged its ninth loss […]

Amazon Shares Pump And Dump After Solid Beat, Muted Guidance And Earnings Call Caution

Oct 26, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash With The Magnificent 7 stocks getting clubbed like a baby seal in recent days, hope is high that Amazon can save the world (as Nasdaq broke below a key technical level today). So here’s the good news: a top- and bottom-line beat: Net sales increased 13% to $143.1 billion in the third quarter (better […]

Macro: Initial Unemployment Claims

Oct 26, 2023 Jeremy Parkinson Finance 0

This is a canary in the coal mine series. All Clear. How good are these low levels of claims? We didn’t have this few people claiming unemployment from 1969 to 2018. If I had to nitpick something, continuing claims have risen some, perhaps an indication that jobs are a bit harder to find. But there’s […]

The Secret $15 Trillion Asset Shaping The Global Economy

Oct 26, 2023 Jeremy Parkinson Finance 0

Image source: Pixabay We’ve been getting major collateral warnings from all over the place recently. Financial collateral is the lifeblood of the global monetary system. That makes it incredibly important yet few have ever stopped to ponder how it all works and fits together; including central bankers. Collateral sufficiency means everything but it doesn’t necessarily mean […]

The ECB Day Did Not Move The Euro, Although A Dovish Message Prevailed

Oct 26, 2023 Jeremy Parkinson Finance 0

Every Thursday, when there is a European Central Bank (ECB) meeting, the market participants await to see the message of one of the most important central banks in the world. The ECB is a relatively young central bank, and this is particularly relevant because it faced many challenges throughout the years.There was not much to mention until […]