Stock Market

by confoundedinterest17 The massive stimulus by the Biden Administration and huge growth in money printing has led to market distortions in consumer demand … along with Covid-related shutdowns. The first distortion is US retail sales that grew an astounding 9.8% month-over-month in March. This surge is likely due to the stimulus checks sent out by The

Donnelley Financial Solutions, Inc. (DFIN), industry leader in risk and compliance solutions, provides regulatory and compliance services for both private and public corporations. The company is the largest SEC filer in the United States with 2020 submissions of more than 80,000. In addition, it is the second largest SEC compliance software provider trailing Workiva Inc. (WK).

Biotech stocks tend to really put the foot on the gas when positive news hits the stands. Case in point: NovoCure (NVCR) shares surged 46% this week after the market reacted positively to an update from the late-stage study of its experimental lung cancer treatment. The company announced that following a review of interim data,

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Take a look at some of the biggest movers in the premarket: Bank of America (BAC) – The strong start to earnings season from

Although we are only over one quarter into 2021, it will be interesting to see if any other story tops the GameStop (GME) short squeeze mania this year. The struggling video game retailer has provided no end of headlines in 2021 after retailers re-wrote the stock market rulebook. That said, the mighty gains – up

Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, April 7, 2021. Lucy Nicholson | Reuters If you’re wondering why your new couch is going to take three or four months to arrive, not

From Birch Gold Group Back in September 2020, we reported on Fed Chairman Jerome Powell’s inability to see a “hidden” inflation offset in energy that camouflaged the rise in overall inflation. That “hidden” inflation offset has now vanished, and inflation appears to be heating up quickly. Anyone can see it. Robert Wenzel wrote that price inflation is coming in hot,

Aphria shareholders voted in favor of the proposed merger with rival Tilray, which will create the world’s largest cannabis company by revenue.  Aphria (APHA) and Tilray (TLRY) first announced their proposed deal in December of last year.  The required two-thirds majority of Aphria shareholders backed a motion to approve the deal at the company’s shareholders meeting on Wednesday. Aphria said that the reverse-acquisition of

Aaron Newsom, left, an installer for the solar company, Sunrun, and Tim McKibben, a senior installer, prepare solar panels to be installed on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines before the bell: Morgan Stanley (MS) — Morgan Stanley

Earnings season is once again upon us with the banking sector opening proceedings. With economic recovery high on the agenda, banks are expected to do well this year. The first quarter bore this theme out for industry giant J.P. Morgan (JPM). The company reported Q1 results on Wednesday, with the U.S. bank handily beating the

Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From Coca-Cola and IBM to Johnson & Johnson and Netflix, investors will hear

BY JOHN RUBINO The Fiat Currency Age is nothing if not repetitious. There are dozens of charts that illustrate how closely today’s financial bubble resembles its predecessors. But simple is better when expressing a hard truth, so let’s go with that old standby, margin debt. This is debt created when over-stimulated investors borrow against their

On April 16, Nuvei announced that it has entered into a definitive agreement to acquire Mazooma Technical Services, a leading U.S. provider of gaming and sports wagering payment technology.  Nuvei (NVEI) will acquire Mazooma for approximately $56 million, with additional payments up to a maximum amount of around $315 million dependent on certain performance criteria.   Nuvei’s chair and CEO Philip Fayer said, “Mazooma will enhance and expand Nuvei’s portfolio of alternative

In this article RUN SPG PNC Shoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Sunrun — The solar stock popped 10% after Simmons Energy, a division of Piper Sandler, upgraded the stock to overweight

by visualcapitalist The travel and entertainment industries have had a volatile ride over the last year. During the initial stages of the pandemic, when panic and uncertainty ran rife, BEACH stocks–booking, entertainment, airlines, cruises, and hotels—were left scrambling. Collectively, $332 billion in market cap washed away. Now, it appears the tide might be turning for these companies,

Global investment firm Colony Capital Inc. has sold its 74% stake in 2 office properties in Dublin for gross proceeds of $351 million to Blackstone Property Partners Europe Holdings. The sale provides Colony Capital (CLNY) with additional funds for making digital investments along with advancing its Other Equity and Debt (OED) Monetizations.  The two office

In this article PPG AA DKNG QS The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images Check out the companies making headlines after the bell on Thursday: QuantumScape

by Michael Snyder Would you pay more than 100 million dollars for a single deli in rural New Jersey that had less than $36,000 in sales during the last two years combined?  I know that sounds like a completely ridiculous question, but the stock market apparently thinks that deli is worth that much.  On Thursday,

Kimco Realty, a real estate investment trust (REIT) has acquired Weingarten Realty Investors in a cash and stock deal valued at $3.87 billion. Weingarten Realty is a REIT that primarily invests in shopping centers in the Southern US. The combined company is expected to have a pro forma total enterprise value of around $20.5 billion

The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New New York, January 16, 2019. Carlo Allegri | Reuters The benchmark 10-year Treasury yield slid to a one-month low Thursday in a counterintuitive move that should be a positive for the stock market. Treasury yields, which move opposite price, had

by confoundedinterest17 The US economy is now forecast to grow at a rate of 8.33% following the massive Covid lockdown. And the US Treasury 10Y-3M curve fell along with GDP forecast growth. Over a longer period, you can see that the 3M Treasury yield virtually evaporated after The Fed went to near zero short-term rates following

Shaw Communications posted better-than-expected revenue and profit in the second quarter driven by the addition of new wireless customers.   Shaw Communications (SJR.B) reported a 34.4% year-over-year increase in EPS of C$0.43 per share,topping  consensus estimates of C$0.34 . In addition, total revenues increased 1.8% to C$1.39 billion, beating analysts’ estimates of C$1.38 billion.  On March 15, 2021, Shaw announced

Chesnot | Getty Images Check out the companies making headlines in midday trading.  UnitedHealth – Shares of health care giant jumped more than 3% after results topped the Street’s forecasts. Its adjusted earnings came in at $5.31 per share, exceeding the $4.39 per share expected by analysts, according to FactSet. UnitedHealth also raised its earnings

by Martin Armstrong As expected, the Democrats will introduce a bill to change the Supreme Court turning into the first WOKE institution to permanently change the face of the United States once and for all. Biden pretended to create a commission to study changing the Supreme Court and within a matter of days, they proposed

Infrastructure engineering software company Bentley Systems Inc. has acquired INRO Software. The latter provides multimodal transportation planning, traffic simulation and mobility visualization software. Bentley Systems (BSY) Senior Vice President, Digital Cities, Robert Mankowski said, “We are very pleased to welcome INRO to Bentley Systems. Professor Michael Florian and his team led the research of advanced

A shopper wearing a protective mask checks out at a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images March retail sales are expected to be strong, and some economists say stimulus checks may have quickly made their way into the economy, contributing to an

by Charles Hugh-Smith The Fed’s casino isn’t just rigged; it’s criminally unstable. The decay of America’s middle class has been well documented and many commentators have explored the causal factors. The bottom line is that this decay isn’t random; the income of the middle class isn’t going to suddenly increase at 15 times the growth rate

What would you tell someone if they were to ask you, “Should I buy Amazon (AMZN) right now?” For Jefferies’ Brent Thill the answer is quite clear — the analyst sees this stock as a flower that keeps blossoming. In a research note issued yesterday, Thill described how Amazon’s three biggest business divisions could add

In this article COST DELL COIN AEO Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: American Eagle — The teen apparel retailer’s stock rose

by Martin Armstrong [embedded content] Project Veritas has exposed CNN for what it truly is – an anti-American propaganda machine intent upon overthrowing everything we thought our future would be. They single-handedly escalated the “FEAR” over COVID to get rid of Trump. However, in the process, they sealed the fate of the entire world and