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Crude Oil is on track to record its 11th weekly gain in the past 13 weeks as Morgan Stanley (NYSE:MS) hiked the price forecast for 2023 and 2024. Oil prices continued to advance on Friday,...
Oil prices have been rising to multi-month highs recently on tightening supply and recent production cuts by Saudi Arabia and Russia. As a result, Chevron (NYSE:CVX) CEO expects prices to exceed...
Following an upswing on Thursday, Adobe's shares took a downturn in today’s session, declining by more than 4% despite strong Q3 earnings fueled by the company’s artificial...
Oil prices extended 10-month highs on Wednesday. Meanwhile, annual inflation rose higher than expected to 3.7% in August.Oil prices soared to the highest since November 2022 on Wednesday...
In the short-run, energy stocks are outperforming the S&P 500.The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels. Established in 1975 from the fallout...
Intel (NASDAQ:INTC) aims to regain its position as an industry leader by 2025.Intel shares have gained 42% year-to-date (YTD) as investors remain confident in the company’s foundry strategy. The...
Apple is allocating millions of dollars to the development of AI models as the tech giant seeks to compete with Microsoft's OpenAI.Apple is making significant investments in artificial intelligence...
In investing, considering all available factors can be the difference between a loss and a profit. The September Effect is one of those factors that sits in the background noise of market signals....
Market markers in the digital asset sector are struggling with increasing costs as they take measures to mitigate risks.Market making in digital tokens has historically been lucrative, but the recent...
Zoom Video Communications (NASDAQ:ZM) shares rose in early Tuesday trade after the company boosted its revenue guidance for the full year, pushing it above the average analyst estimate.The results...
Cisco Systems (NASDAQ:CSCO) shares rose in early Thursday trading after the IT networking company provided positive updates on the earnings call. The stock initially fell in after-hours Wednesday...
Is China's crackdown on economic news sufficient for another Big Short? Immortalized by Christian Bale in The Big Short, Dr. Michael Burry is stirring ‘animal spirits’ in the stock market...
21e6 Capital's report suggests that Bitcoin maximalism has been the optimal way to invest in crypto.Regarding the crypto market, it appears that the simplest investing method – holding Bitcoin...
Qualcomm (NASDAQ:QCOM) shares tumbled more than 9% on Thursday after the chipmaker offered a weaker-than-expected forecast for this quarter.Moreover, the company’s FQ3 results were mixed with...
The macroeconomic narrative shifts from recession to a soft landing.The Bureau of Economic Analysis (BEA) released the quarterly gross domestic product (GDP) data on Thursday. Although subject to...
Microsoft (NASDAQ:MSFT) reported better-than-expected results for its fiscal fourth quarter, however, shares still fell after the management said on the earnings call that it expects its capital...
International Business Machines (NYSE:IBM) shares are trading lower in early Thursday trading after the legacy tech company reported second-quarter revenue that missed analyst expectations. The...