Category Archive: Finance, No picture
Time To Buy Oil Stocks Again?
Image Source: Unsplash Western Texas Intermediary (WTI) crude oil got above $80 a barrel earlier this month (March 2024) and is holding above that level. As we lead into the driving season, which begins around Memorial Day, this has traditionally been the season when oil stocks get accumulated. Many of the oil names have already had […]
Last Q4 Update: ADSK, SNPS, SPT, ADBE
Image Source: Unsplash At last, we can finally wrap up with Q4 updates – just in time for the Q1 reports to start rolling in! Oh well, it keeps things exciting, right? Today I’ll cover reports from Autodesk, Synopsys, Sprout Social, and Adobe. There were no surprises here so I’ll keep this pretty brief. Autodesk (ADSK) […]
Apple Antitrust Case Is Surprisingly Simple
Image Source: Unsplash Apple (AAPL) cannot stand athwart history. So argues the U.S. Department of Justice in an antitrust suit it brought against the $2.7 trillion iPhone maker on Thursday. Of all the lawsuits, fines and legislation lobbed Apple’s way, this case strikes deepest at what is essentially a simple problem. Apple changed the world by selling better devices – but its success […]
USD/CAD Rises To 1.3570 As US Dollar Advances On Firm US Economic Outlook
The USD/CAD pair jumps to 1.3570 in the early New York session on Friday. The Loonie asset advances as appeal for the US Dollar strengthens on expectations that the Federal Reserve (Fed) needs not to rush for rate cuts.The consumer price inflation in the United States economy is sticky and the US economic outlook is […]
Solana Hits $208, Poised For $250 Amid 69% Surge
Solana, a high-performance blockchain, has recently seen its native token, SOL, experience a remarkable surge of 69% over the past month, reaching a new high of $208 on March 18. This impressive climb, however, faced a temporary setback, as SOL fell by over 16% since March 18 amidst a wider crypto market dip. Despite the fallback, […]
Stocks In Focus: Lululemon, Nike, And Tesla Slump Amid Headwinds
Image Source: Pexels Lululemon Athletica Inc. (Nasdaq: LULU), NIKE, Inc. (NYSE: NKE), and Tesla, Inc. (Nasdaq: TSLA) opened lower and are experiencing downward pressure on their stock prices today.Lululemon’s decline is attributed to a slowdown in US store traffic and a weaker outlook, marking its most severe slump since the pandemic’s onset. Nike’s drop followed earnings announcements and […]
Bull Of The Day: General Motors
Image Source: Unsplash General Motors (GM – Free Report) is a Zacks Rank #1 (Strong Buy) that has a A for Value and D for Growth. This stock automotive company has a great valuation and has been running hard since the most recent earnings beat. Let’s explore more about this company in this Bull of The Day article. DescriptionGeneral […]
Germany’s Housing Slump Finally Looks To Be Ending
Image Source: Unsplash The German housing market seems to be bottoming out following a particularly sharp correction in real estate prices in 2022 and 2023. The recovery, however, looks set to be gradual. Interest rates are the main driver of housing market developmentsData on house price developments in Germany published today, Friday, illustrate the effect that the […]
Alternative Investments In A High-Priced Market
In the current financial climate, stocks are expensive. The S&P 500, a stock market index measuring the stock performance of 500 large companies listed on stock exchanges in the United States, is trading at 20.5 times earnings. This places it in the top 10 percentile of the most expensive stocks ever. Historically, when the S&P […]
The Commodities Feed: Stronger USD Weighs On The Complex
Image Source: Pexels Crude oil has retreated this week as a stronger US dollar and profit booking at higher prices weighed on sentiment. The natural gas withdrawal season comes to an early end this year with inventory still around 41% above the five-year average. Energy: Oil gives up some of the gainsOil prices softened in the early trading […]
