Stock Market

Since its heavy decline in late May, Bitcoin has been trading sideways, staying tight in a consolidation between the $34,000 and $39,000 levels. This trend is difficult to read and no one knows which direction it may break toward. However, that does not mean there has been any less news on the famed cryptocurrency.   Miami: CryptoTown   This past weekend, on June 4th and 5th, the world’s

Sharing is Caring! by Charles Hugh-Smith People caught on that the returns on the frenzied hamster wheel of “normal” have been diminishing for decades, but everyone was too busy to notice. The superficial “return to normal” narrative focuses solely on first order effects: now that people can dispense with masks and social distancing, they are resuming their

Inflation may be rising, but for now, at least, investors don’t seem to mind. Both the NASDAQ and the S&P 500 are holding just below their all-time high levels, reflecting a wide-spread feeling that, with interest rates low, stocks will provide the strongest returns for the near future. And stocks have been delivering. The S&P

Sharing is Caring! by David Haggith Let’s look at what has continued to develop with inflation in the short time since my May articles on the subject because inflation is going to cause the Fed’s “Great Recovery” but burn up in its own incendiary blast. A rapid spread of fiery inflationary data lit up the landscape

Growth investors have increasingly jumped aboard small cap stocks of late. With meme stock mania once again picking up steam, certain stocks such as Zomedica (ZOM) are in the spotlight of retail investors. Zomedica is a company that’s already provided investors with impressive near-term returns in rapid fashion. Since opening the year at around $0.35

Bank of Nova Scotia (BNS), Canada’s third-largest bank, has announced it is accepting applications from academic institutions and think tanks for its Net Zero Research Fund until July 2nd. The C$1 million fund was launched earlier this year to advance research in support of a low-carbon economy. This initiative fits nicely with Scotiabank’s climate commitments.

In this article GM AMC ZCFIDX Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The movie theater operator’s shares tumbled about 30% after AMC said

Mobile gaming platform Skillz (SKLZ) scored a 27% gain in stock price Wednesday after announcing that it will acquire marketing platform Aarki, promising to “unlock new points of connectivity between consumers, developers, and brands,” and employ Aarki’s machine learning algorithms to match up “the right [advertisement] with the right user at the right time.” At

In this article AVGO DOCU CRWD AMC CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell: AMC Entertainment — AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular

Sharing is Caring! by Peter Krauth via Streetwise Reports Sure Mr. Biden, money is cheap. But whose money is it? The White House recently sent a $6 trillion budget plan to Congress. Let that sink in for a moment. Biden’s first wide-ranging budget calls for big spending on infrastructure, education and, of course, climate change. His plan lays out $6

The EV segment has suffered at the hand of macro developments in 2021. For one, investors have pivoted away from growth stocks – under which you can add EV makers – to safer investment havens as fears of inflation have come to the fore and interest rates have risen. At the same time, the global

A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters Hiring improved in May, but 559,000 new jobs aren’t enough to spur the Federal Reserve to begin to talk about tapering back its bond purchases. Friday’s Labor Department report on new payrolls was below the 671,000 expected

Sharing is Caring! By Chris Black There’s huge media hype after a number of Anthony Fauci’s emails were released this week after a FOIA request via BuzzFeed. Truth be told, there’s nothing actually important or even interesting in the respective emails. Many are excited about Fauci telling his colleagues back in February 2020 to not

Amazon (AMZN) has been on a media spending spree recently. From the NFL it has acquired the exclusive rights for 16 Thursday night football games for a period 11 years (between 2022 until the end of 2033), in a deal worth $11 billion in total. It has also splashed out $465 million to be able

Sharing is Caring! by David Haggith  The S&P 500 failed a breakthrough on Thursday and tucked its head back below its 4200 ceiling again, where it has remained rangebound for weeks. Job news on the economic front that many analysts toasted as great could not lift sentiment out of the doldrums on Thursday, nor could it

The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images DocuSign – Shares of the electronic signature company surged 19.7% after beating on the top and bottom lines of its quarterly earnings. DocuSign earned 44 cents per share on

Bitcoin might have just endured one of the worst months in its history, but the latest bout of volatility is unlikely to deter companies in the crypto ecosystem from advancing their BTC related pursuits. Which brings us to Riot Blockchain (RIOT). Last week, the company completed the acquisition of Whinstone US from Northern Data. The

Traders work on the floor of the New York Stock Exchange. NYSE Inflation data is a highlight of the week ahead, as investors focus on economic news in the void between earnings season and the next Fed meeting. May’s consumer price index is scheduled to be reported Thursday, and it could be hot after it

Sharing is Caring! by Lance Roberts Janet Yellen’s latest commitment to support the Biden progressive agenda from higher taxes to unionization, will not lead to increased economic prosperity. Instead, it will lead to more outsourcing and offshoring of U.S. Labor. Such was evident in two recent comments. “With corporate taxes at a historical low of one

Broadcom (AVGO) reported better-than-expected fiscal Q2 results driven by strong demand for semiconductors across multiple end markets. Broadcom develops and supplies semiconductor and infrastructure software solutions. The company reported revenues of $6.61 billion in Q2, which outpaced the Street’s estimates of $6.51 billion, and jumped 15% from the year-ago period. Adjusted earnings came in at

Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies

Sharing is Caring! by Michael Snyder It appears that the violence in major U.S. cities is about to escalate even further.  Summer is usually the worst season for violent crime in America, and authorities are openly warning us that a “summer of violence” is approaching.  But at this point it is difficult to imagine things getting worse

Shares of BRP Inc (DOO) fell more than 2% in early trading Thursday despite the company swinging to a profit in the first quarter of 2022. As a result of strong earnings, the manufacturer of motorsports vehicles, snowmobiles, and boats increased its FY 2022 guidance. BRP President and CEO José Boisjoli said, “We had an

A General Motors assembly worker loads engine block castings on to the assembly line at the GM Romulus Powertrain plant in Romulus, Michigan, U.S. August 21, 2019. Rebecca Cook | Reuters Job growth in May is expected to be more than double the pace of April, with hiring picking up in pandemic hit sectors like

Sharing is Caring! by C Hamilton As the old adage goes, real estate is all about location, location, location. Given this, I wanted to offer a regional and state by state view of the situation, where declining total populations, large declines among those employed, and declining under 60 year old populations are taking place parallel

Walgreens Boots Alliance, Inc. (WBA) completed the sale of its Alliance Healthcare businesses to AmerisourceBergen (ABC) for $6.5 billion in a cash and stock deal. Walgreens is a global leader in retail pharmacies, providing medicines and accessible high-quality care. The total consideration comprises $6.275 billion in cash after adjustments and 2 million shares of AmerisourceBergen.

Sharing is Caring! By Chris Black Here’s from Business Insider: On his first day in office, Biden signed an executive order calling on federal agencies to re-enforce protections for LGBTQ+ individuals and prohibit discrimination on the basis of sexual orientation or gender identity in education, employment, healthcare, housing, and other areas.  A few days later, Biden reversed a Trump-era

A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon, Qualcomm and Micron were among stocks that fell after a report that the Biden administration is pushing for a tax change that would require companies to pay a

IDEXX Laboratories Inc. (IDXX) has announced the acquisition of the innovative practice information management system (PIMS), ezyVet. With this acquisition, IDEXX will enhance its software offerings with technology that improves patient care, boosts practice efficiency, and effectively connects with pet owners. The company’s CEO Jay Mazelsky said, “ezyVet is a truly impressive cloud-native software solution

Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares “from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC