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U.S. retail sales, Fed FOMC minutes, retailer earnings in focus. Walmart’s stock is a buy ahead of second quarter earnings. Target shares will struggle amid weak sales growth and revenue...
The world’s largest oil producing group says demand is steady and will get better through 2024. But the biggest exporter within the cartel is so afraid of lower prices for crude that it has to...
U.S. Dollar has had a volatile week Major currencies rose against the dollar before a swift turnaround The euro rebounded post CPI, while the pound and yen continue to rise This week has been nothing...
Wall Street’s second-quarter earnings season draws to a close, and results have been better than feared for the most part. As such, I used the InvestingPro stock screener to identify some of the...
Nubank is expected to report strong earnings in the second quarter of 2023. The company is also expected to add millions of new customers, particularly in Mexico. Is it still a good time to buy the...
USD: Disinflation not enough for the bears July’s US inflation numbers released yesterday were largely in line with expectations, reassuring markets that there are no setbacks in the...
Energy – LNG supply risks from Australia TTF prices surged more than 40% yesterday after reports of potential strikes at Australia’s LNG facilities pushed up supply risks significantly....
The Magnificent 7 have spearheaded the broad stock market rally in 2023. Post Q2 earnings, InvestingPro indicates that most of these stocks continue to maintain reasonable valuations. The question...