Currys PLC (GB:CURY) reported strong operational and financial results for the fiscal year ended April 2022, but the company has warned of trouble ahead. The company has lowered its earnings guidance for the next two years due to rising inflation and declining customer spending power. Currys has launched a ’12 month pay delay’ scheme, applicable
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Sharing is Caring! by James Rickards on The Daily Reckoning: I’ve been addressing the war on cash lately, and for good reason. While everyone’s attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating. For example, central bank digital currencies (CBDCs) are coming even faster
Shares of social-media and camera firm Snap (SNAP) have been a tough hold over the past six months, now down more than 67% year-to-date. At around $15 per share, the troubled firm is starting to get some love from Wall Street analysts, with the latest upgrade courtesy of Andrew Boone of JMP Securities. Though competition
Also known as the “LinkedIn for Doctors,” Doximity, Inc. (NYSE: DOCS) is a popular social networking and telemedicine company. This cloud-based platform provides its members with tools to effectively collaborate with colleagues, securely coordinate patient care, conduct virtual patient visits, and stay updated with recent medical developments and news. Founded in 2010, the company boasts
While individual coins and tokens in the cryptocurrency sector have grabbed much of the headlines, the backroom reality is that stablecoins or cryptos pegged on a 1:1 ratio with the U.S. dollar help keep the broader sector moving. Unfortunately, the erosion of sentiment imposes major question marks on Tether (USDT), currently the biggest stablecoin by
Shares of Meta Platforms (META) have settled into the $150-170 range in recent weeks. Though the metaverse as we know it may arrive sooner than we think, questions linger as to whether Meta will even be a major player once the virtual and augmented worlds of tomorrow arrive. Indeed, Zuckerberg’s ambitious comments about the metaverse
In this article OXY SAVE UPST GME TWTR LEVI Check out the companies making headlines before the bell: Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its
Sharing is Caring! By Graham Summers, MBA Yesterday, I revealed some disturbing news. That news? That the economy is already in recession. It’s not a matter of a recession arriving soon… a recession is already here. By quick way of review… 1) Copper, a commodity that is closely aligned with economic growth, has erased HALF
The stock of Affirm (NASDAQ: AFRM) debuted in January 2021 at $49 per share and had risen to more than $176 by November of that year. However, the stock has now cratered by 75.5% this year. Buy Now Pay Later (BNPL) stocks like Affirm have been hit hard this year as soaring inflation and rising
Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Consumer inflation data and the start of the second quarter earnings season could be two catalysts that make for a bumpy ride in markets in the week ahead. PepsiCo’s earnings are the first major report of the week Tuesday, and Delta Air Lines
Sharing is Caring! by Chris Black The Dutch government want to reduce the NL farming sector by 30%. The UK government is paying farmers to retire. Sanctions against Russia are going to deprive us of their food exports as well. Meantime, due to being actively encouraged, mass immigration continues apace. There is going to be
WD-40 (WDFC) is a product so ubiquitous you’ll find it in nearly every home on the planet. This highly portable and highly versatile lubricant is an essential item for homeowners wanting to address everything from stuck doors to balky drawers. Its recent earnings report, however, suggests that the company is having some serious trouble. Trouble
In this article TSLA XPO WDFC COCO UPST The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Upstart — The consumer
Sharing is Caring! by squaremild globalnews.ca/news/8972840/arrivecan-2-0-border-app-here-to-stay/ Mandatory App for entry into Canada. Not using the app can result in fines… Claim is that ArriveCAN will ease entry into the country, airline industry says it makes everything take longer: www.airport-technology.com/news/canada-arrivecan-travel-disruption/ Help Support Independent Media, Please Donate or Subscribe: Trending: Views: 68
The TipRanks Smart Portfolio tool allows investors to better understand their portfolio as it allows them to benchmark their portfolio against the Top Performing portfolios on TipRanks. In the current volatile environment, this could be an extremely useful feature. The technology sector is a strong favorite among the top-performing portfolios on TipRanks with a sector
In this article SAM BBBY VIVO SPCE SGEN GME Check out the companies making headlines before the bell: GameStop (GME) – GameStop rallied 7.8% in the premarket after the videogame retailer declared a 4-for-1 stock split. Trading on a split-adjusted basis will begin on July 22. Seagen (SGEN) – Seagen gained 4.5% in premarket trading
Rivian (RIVN) investors have badly needed some good news, and they finally got some on Wednesday. The struggling electric truck start-up announced Q2 vehicle production and delivery numbers, and they were better than expected. The company said 4,467 vehicles were delivered in the quarter while 4,401 vehicles were manufactured. Consensus expected deliveries to come in
Part Owner and Executive Chef Steve Kemper, prepares food in the kitchen at the Go Fish! Seafood Restaurant and Sushi Bar in Sinking Spring, Pennsylvania, April 8, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images June’s employment report is expected to show strong hiring continues across a broad range of industries,
Sharing is Caring! by Michael Can you imagine what it would be like to literally starve to death? Most Americans believe that if a nuclear war with Russia actually happens the vast majority of the U.S. population will be instantly wiped out. But that is not what the science says. What the studies have shown
Cryptocurrency investors face the dilemma of selecting between centralized and decentralized platforms when considering custody options. Via centralized exchanges (CEXs), entering the crypto universe is straightforward between compliance measures (including KYC and AML), fiat-to-crypto on-ramps, and intuitive user interfaces. Yet, these features come at a cost – users lose custody of their assets. While users
In this article MRVL SLB GME SPCE BBBY HELE Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer jumped more than 8% after the
Sharing is Caring! by Chris Black The main takeaway from the Chicago/Highland Park shooting appears to be that the FBI let a communist tranny buy five firearms after being red flagged over threatening to murder his whole family. Oh and by the way, he’s a Soundcloud rapper who made music videos about mass shootings. Oh
As macroeconomic volatility leaves investors in a quandary about which stocks to invest in, corporate insiders seem to be lapping up the stock in their own companies at a record pace. According to a Financial Times report from earlier this year which cited VerityData, stock buying among corporate insiders for companies in the S&P 500
In this article GME A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Shares of GameStop jumped more than 8% in extended trading Wednesday after the retailer said a 4-for-1 stock split was approved by its board.
Sharing is Caring! by Michael The endless drought in the Southwest has become a full-blown national emergency. If Lake Mead, Lake Powell and the Colorado River keep drying up at the rate they have been, millions of Americans could soon be without water and electricity. Despite all of our advanced technology, those living in the Southwest
Let’s begin with the fact that no investor can get around right now, the current volatile market. In the words of the Goldman Sachs strategist David Kostin, “The first six months of 2022 have been a brutal time to be an investor in public markets.” The losses, which stand at 19% year-to-date on the S&P 500,
Traders on the floor of the NYSE, June 16, 2022. Source: NYSE U.S. stock futures were little changed on Wednesday night as investors digested the most recent meeting minutes from the Federal Reserve. Dow Jones Industrial Average futures rose by 26 points, or 0.1%. S&P 500 and Nasdaq 100 futures climbed 0.1% and 0.1%, respectively.
Sharing is Caring! by Michael These are not good times for Joe Biden. When the U.S. economy is performing well whoever is in the White House is going to get most of the credit. Likewise, when the U.S. economy is performing poorly whoever is in the White House is going to get most of the blame.
Shares of Symbotic (NASDAQ: SYM) have tanked 28.5% in the past month due to macroeconomic volatility. However, shares were up 20.7% on Tuesday to close at $14.36. Symbotic was listed on the NASDAQ in June this year through the Special Purpose Acquisition Company (SPAC) route. The company is focused on transforming the supply chain when
Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the
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