Category Archive: Finance, No picture
Toll Brothers Q2 Earnings: Home Sales Revenue Jumped 6.0%
Image Source: Unsplash Toll Brothers Inc (NYSE: TOL) is trading up in extended hours on Tuesday after coming in ahead of Street estimates for its fiscal second quarter. Toll Brothers stock up on impressive guidance The stock is gaining also because the management issued upbeat guidance for the future. $TOL now expects to deliver up to […]
The Bull Market Is Still On, But …
Image Source: Unsplash The bull market is still on, but under the surface there is one concerning development.In this piece, we show that the secular bull market that started in 2009 remains in place, but the pace of the rally is threatened by the lower fiscal net-transfer rate that has developed during the last three months.The […]
Meme supporter? Presidential candidate Kennedy Jr. buys $24,000 in GME stocks
Presidential candidate Robert F. Kennedy Jr. shared on X today that he invested $24,000 in GameStop’s GME stocks. In his post, Kennedy Jr. promises to “support the Ape retail rebellion and enact aggressive Wall Street reforms,” fulfilling alleged claims from retail investors for more transparency.The funds used to invest in GME, according to the presidential […]
Here’s What Wall Street Experts Are Saying About Target Ahead Of Earnings
Image Source: Unsplash Target (TGT) is scheduled to report results of its first quarter before the market open on Wednesday, May 22. The company will host its earnings conference call at 8 am EST. What to watch for: GUIDANCE: In March, Target forecast Q1 adjusted earnings per share of $1.70-$2.10 and a comparable sales decline of 3%-5%. Analysts currently […]
Reaching The End Of Offshored Industrialization
Image Source: Unsplash Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may be less interested in trading. Also, the broken supply lines of 2020 and 2021 showed that transferring major industries offshore could lead to […]
Apeiron embraces competitiveness to drive Web3 gaming growth
Web3 game Apeiron announced the start of its Guild Wars tournament on May 21, featuring a $1 million prize pool. The competition will start with different regional online preliminaries up until June 25, followed by an in-person showdown set to happen in Hong Kong in Q3.Frank Cheng, co-founder of Apeiron, explained to Crypto Briefing that […]
European Cannabis Q1 2024 Quarterly Update
Image Source: Unsplash 2024 ushered in one of the most reformatory changes that the global medical cannabis community has ever witnessed. The EU market received a massive spotlight on the potentially explosive growth coming and the much-needed injection of investors entering back to the sector. Shifts The first major shift that was announced came for the […]
Uniswap Labs claims SEC will fail, urges agency to drop enforcement action
Uniswap Labs has urged the SEC to drop its pending enforcement action against the company. Arguing through a response to the agency’s Wells notice, Uniswap Labs CLO Martin Ammori said that the SEC would have to redefine what an exchange is to have jurisdiction over Uniswap. Today we responded to the SEC’s Wells notice We […]
Implied Volatility May Rise Into Nvidia’s Results
Image Source: Pexels The VIX is stuck around 12 currently until tomorrow’s OPEX, and then it may begin to rise again, heading into Nvidia results.Video Length: 00:06:09More By This Author:Stocks Finish Flat As Rates Recover Post-CPI Declines Stocks End Higher As Implied Volatility Drops Following CPI Report Stocks Rally On Post CPI Volatility Crush
Q1 2024 U.S. Retail Scorecard – Tuesday, May 21
Image Source: Unsplash To date, 147 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 73% of the index. Of those companies that have reported their quarterly results, 74% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 25% reported earnings that fell below estimates. […]
