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Friday's US CPI print showed an unexpected YoY jump to 8.6% in May, extending April's 8.3% consumer price inflation rise. The accelerating increase in prices is pushing the Federal Reserve into the...
S&P may enter bear market as futures drop Some traders expecting 0.75% interest rate hike Oil slumped Key EventsFutures contracts on the Dow Jones, S&P 500, NASDAQ 100, and Russell 2000 and...
Economists are rapidly revising their rate hike forecasts for the Federal Reserve after the consumer price inflation print last week came in at 8.6% on the year. They now expect half-point hikes at...
Wall Street finished last week awash in red as US CPI increased more quickly than expected in May, accelerating the debate as to how much the Federal Reserve will raise interest rates in an effort to...
AMD and other chipmakers face the possibility of demand destruction if the economy slips into a recession The stock has lost about a third of its value this year Chief Executive Officer Lisa Su has...
Stocks on Wall Street tumbled on Friday, with the major averages on the Dow, S&P 500, and NASDAQ suffering their biggest weekly losses since January, after scorching hot inflation data fueled...
Stocks suffer worst selloff in three weeks Yield curve flattening Bitcoin completes two bearish patterns After Friday's US Consumer Price Index release printed much hotter than expected,...
Inflation and interest rates will likely once again dominate the market trading agenda in the upcoming week after US government data last Friday showed there was no let-up in price pressures to the...
Corn prices are having their biggest rally in 15 weeks as "prevent planting,” a form of crop rationing by US farmers, looks set to add to the global squeeze in the grain’s supply.The...
Despite current high levels of volatility on Wall Street, new exchange-traded funds (ETFs) are still hitting the market in astonishing numbers. In fact, according to Bloomberg, year-to-date figures...
Amazon stock has lost about a third of its value this year Despite the recent sell-off, analysts remain overwhelmingly positive Amazon Web Services, the cloud division, remains in strong growth...
Best Buy is a consumer electronics retailer, trading, like many other peers, near its 52-week low. Despite or perhaps because of that, InvestingPro views it as one of the most undervalued...
After Intel's Chief Financial Officer Dave Zinsner said on Tuesday that a weaker economy will impact chip demand and damage the company's financials, shares of chipmakers felt the pressure on...
Asana shares have lost two-thirds of their value in 2022. Although not yet profitable, hybrid working could bring significant top line growth. Long-term investors could consider buying ASAN stock at...
New Shanghai lockdown strikes an ominous note Treasury yields slip but remain above 3% Bitcoin recovers Key EventsUS futures on the Dow Jones, S&P 500, NASDAQ 100, and Russell 2000 were trading...
In a 1959 speech, John F. Kennedy famously said: “When written in Chinese, the word ‘crisis’ is composed of two characters—one represents danger and one represents...
The COVID-19 pandemic highlighted the importance of health care and the role biopharma companies play in drug and vaccine development. As a result, the sector grew tremendously during the past 2...