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Walmart’s latest guidance indicates that the situation may be improving for the company The world’s largest retailer is successfully working to reduce a massive inventory pile...
US CPI increased 7.7% year on year (yoy) in October, the lowest rise this year and half a percentage point lower than the 8.2% registered in September. Core prices—excluding volatile energy...
Just when the risk takers in oil, gold and stocks thought they had the Federal Reserve’s strategy down pat, the central bank’s governor Christopher Waller has thrown another curveball at...
A lot happened in the markets this past week. And perhaps the best analogy to explain it all rests with one obscure development in the broader world of economics: The price of eggs jumped, while the...
The speedy collapse of FTX shows that liquidity in crypto exchanges can dry up quickly Coinbase’s Chief Executive Officer has assured investors that the liquidity crunch that prompted the FTX...
Out-of-favor Beyond Meat has struggled in 2022 Stock is down 78.2% year-to-date Remain bearish and continue to believe there are material risks to its outlook Beyond Meat (NASDAQ:BYND) has seen its...
US consumer prices at 9-month lows, suggesting smaller rate hike in December Contagion in crypto could be another boon for gold After gold tests $1,771, the next leg higher sits at...
After losing 42% this year, Disney is trading where it was during the depth of the pandemic crisis Disney is on a solid path to making its streaming business profitable The giant’s recent...
Carl Icahn is one of the greatest names in value investing Like Warren Buffett, Icahn has been big on energy companies this year Let's take a deep look at the legendary investor's portfolio with...
Silver is hovering near 5-month highs on US dollar weakness as the white metal is negatively correlated to the greenback.The dollar is under pressure as polls widely predicted a decisive Republican...
If weather models confirm warming, gas prices could remain under $6 per mmBtu If Arctic cold breaks out, then Henry Hub could retest last week’s $7.20 highs Gas storage hanging close to the...
Meta’s massive job cuts mark a major turning point for the social media giant after a tumultuous year The biggest uncertainty hurting Meta's stock is Zuckerberg's pivot to the metaverse This...
Bitcoin extended a selloff for a fourth straight day in its worst slide since June. The cryptocurrency has been ranging for nearly five months since reaching its June 18 low of $17,611, its lowest...
Oil stocks are 2022’s top performers due to surging energy prices Energy stocks enjoying a blockbuster year Consider buying Hess Corporation and Diamondback Energy U.S. crude has risen nearly...
Chip stocks are facing a steep downturn amid slowing demand and growing U.S.-China rivalry The Philadelphia Semiconductor Index (SOX) is down about 36% for the year to date Texas Instruments is one of...
The broad selloff witnessed in the first nine months of 2022 appears to have stalled—at least for now U.S. midterm elections could give stocks another push in the upcoming months However,...
Drugmaker Merck's (NYSE:MRK) stock has outperformed its competitors year to date (ytd), rising 30.6%. Pfizer (NYSE:PFE), which I am bearish on, is down 16.9% so far this year. The Rahway, New...