It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected in the main indexes’ performances. All are down by at least double-digits; the tech-heavy NASDAQ’s 27% drop has been the
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Website traffic results for May are in! Let’s see which websites scored the most visits, and which websites showed the highest percentage of gains or losses in visits to their sites. Looking at the 10 most-visited websites in May, Alphabet (GOOGL) was once again the website traffic leader, holding the top two domains, Google.com and Youtube.com. The rest of the companies include
Sharing is Caring! by confoundedinterest17 As I always teach my students, a 10 basis point increase (or decrease) in the 10-year Treasury is significant. Like today’s reaction to the hot, hot, hot inflation report. Remember, the most recent Atlanta Fed GDPNow for Q2 has plunged to 0.9%. At 11:26am EST, the US Treasury 10-year yield rose
Nio (NIO) is an electric vehicle (EV) manufacturer based in China. I am bullish on the stock. Due to COVID-19 lockdowns, it’s been difficult for many Chinese companies to conduct business in 2022. Authorities in Shanghai have said that they’ll take measures to reopen the city, but getting China back on its feet, financially speaking,
In this article 9866-HK FIVE SIG TSLA A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Tesla — Shares rose about 2.2% after UBS upgraded the electric vehicle stock to buy from neutral. The firm said
Sharing is Caring! by squaremild Never thought “defunding the police” would just be from inflation + gas prices. Dark days approaching — it’s by design. You can’t have a Great Reset without a Great Collapse. www.wxyz.com/news/gas-prices-force-sheriff-to-put-brakes-on-his-deputies Help Support Independent Media, Please Donate or Subscribe: Trending: Views: 28
Alberta-based Canadian Utilities (TSE: CU) (CDUAF) is a diversified multinational energy infrastructure corporation providing solutions in Electricity, Pipelines & Liquid, and Retail Energy. By delivering natural gas and electricity to neighborhoods all across Alberta and Northern Canada, keeping the lights on in Mexico powered by green hydroelectricity, evolving the electricity system in Puerto Rico, or
In this article RBLX NFLX SFIX DOCU SAVE Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors. Aaronp/bauer-griffin | Gc Images | Getty Images Here are
Sharing is Caring! by David Haggith Better strap on your parachute and exit the plane ahead of landing because there is no getting out of a crash landing now that inflation is burning the landing gear off the bottom of the Fed’s plane. Captain “Bring-her-home Jerome” Powell was already trying to land his Federal Airlines
Shares of Zoom Video Communications (ZM) have looked to stabilize in the $85-110 range in recent months. Though it’s impossible to tell if a bottom is in, the recent round of quarterly results is nothing short of encouraging. Zoom will probably never see another pandemic-era boom again, but that does not mean the growth is
Prices at a Chevron gas station in Menlo Park, California, on Tuesday, May 24, 2022. David Paul Morris | Bloomberg | Getty Images The average price for a gallon of unleaded gasoline rose above $5 nationally for the first time due to increased demand from the economy reopening from the pandemic and depleted oil supplies
Sharing is Caring! 120 years ago, Texas added two congressmen and created its 15th congressional district. Democrats have held it for 120, beginning with John Nance Garner who represented it for 30 years until he became vice president under FDR. Al Gore carried it by 10 points despite running against the governor of Texas, George
Shares of Lucid Group (NASDAQ: LCID) have rallied 18.4% in the past month as the luxury electric vehicle (EV) maker posted encouraging Q1 results. The stock, however, has yet to fully recover and is still trading near its 52-week low of $13.25. Furthermore, LCID stock is down roughly 56% year-to-date and was down 5% on
Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline is nearing an average $5 per gallon across the U.S., but while consumers are feeling the pain, prices are not yet at a level that would tip the economy into a recession, economists said. Where that breaking point
Sharing is Caring! by Martin Armstrong Former President Luiz Inácio Lula da Silva, who plans to run again in the 2022 Brazilian Presidential Election, believes Zelensky is equally responsible for the ongoing war. “I see the president of Ukraine, speaking on television, being applauded, getting a standing ovation by all the [European] parliamentarians,” he said
Blink and you could miss the latest development at Plug Power (PLUG). Hot on the heels of a recently won 1 GW PEM electrolyzer contract from H2 Energy Europe, on Wednesday, the hydrogen specialist announced its latest European deal. Plug has won a $315 million, 30-year contract to develop a facility in Belgium’s Port of
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images The week ahead may all come down to
What to do in today’s market? The last few trading sessions of declining stocks would seem to indicate that the late-May rally we saw has run its course. But that doesn’t mean the opportunities for buy-minded investors are all gone. The recent declines, and the overall downward trend we’ve seen year-to-date, have left many fundamentally
In this article NFLX ILMN RENT SFIX MTN DOCU Check out the companies making headlines before the bell: DocuSign (DOCU) – The electronic-signature technology company’s stock plunged 26.1% in the premarket after its quarterly profit and revenue fell short of Wall Street forecasts. DocuSign had previously warned that a return to post-Covid working conditions could
Sharing is Caring! by David Haggith We’ve gone from my being almost a lone voice at the start of the year, proclaiming a recession had begun, to a number of people now saying we are already in recession: David Rosenberg, Eric King and Egon von Greyerz, Danielle DiMartino Booth, John Williams (actually he strongly implied it, at least, back in February), Elon Musk, Zero Hedge, and Richard
Acadia Realty Trust (AKR) is an equity REIT aiming to deliver long-term, profitable growth through its dual – Core Portfolio and Fund – operating platforms and its prudent, location-driven investment strategy. As of its latest quarterly filings, the trust has ownership stakes in 188 locations within its Core Portfolio. Some of these properties are 100%
In this article ILMN MTN SFIX DOCU The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Here are the stocks making notable moves after the bell on Thursday, June 9. DocuSign — Shares of the software company
Sharing is Caring! by Michael Have you ever heard of a survey where 100 percent of the respondents agree? I can’t ever recall seeing one like that, but as you will see below, 100 percent of the corporate CFOs that were just surveyed by CNBC believe that a recession is coming by the end of
General Dynamics (GD) is one of a handful of prominent aerospace and defense companies in the United States, specializing in high-end development, engineering, and manufacturing of state-of-the-art solutions, primarily for the U.S. government and its allies. Specifically, 70% and 10% of the company’s consolidated revenue last year was from the U.S. government and non-U.S. government
Shoppers are seen wearing masks while shopping at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Economists expect inflation in May continued to burn white hot, with energy, food, rent and health-care costs all rising. According to Dow Jones, economists expect the consumer price index rose 0.7%, up
Electric vehicle stocks have been in a correction mode in the last few quarters. The correction has been aggravated by challenges that include chip shortages, broader supply chain issues, and raw material cost inflation. One stock that has remained relatively resilient is Li Auto (LI). Over the last 12-month period, LI stock has risen higher
In this article TSLA INTC 9866-HK SIG TGT NVAX Check out the companies making headlines before the bell: Target (TGT) – The retailer’s stock gained 1% in the premarket after it announced a 20% dividend hike. Target will increase its quarterly payout to $1.08 per share from 90 cents. Signet Jewelers (SIG) – The jewelry
Sharing is Caring! by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise at the same time. 1. The business cycle. The business cycle reflects human nature
Due to Russia’s invasion of Ukraine, there is an inherent threat of possible global food shortages in the coming months as Ukraine is one of the biggest exporters of food grains to the rest of the world. Consequently, there is a growing demand for crop seeds, pesticides, herbicides, and related products that can help increase
Sharing is Caring! by Michael We haven’t seen anything like this in decades. Energy prices are soaring to unprecedented heights. Food shortages in some parts of the world are starting to become quite severe. Rampant inflation is out of control all over the globe. Meanwhile, economic activity is slowing down everywhere that you look. Some are comparing
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