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After months of attempts by market bulls to downplay it, the Delta variant of COVID-19 is beginning to show its most virulent impact yet on risk appetite, not just in stocks but also...
Reports Q2 2021 results on Tuesday, July 20, after the market close Revenue Expectation: $7.32 billion EPS Expectation: $3.1 There is consensus among Wall Street analysts that the streaming...
SummaryGM stock has had an impressive year Management has a long-term strategy to capitalize on electric vehicles and autonomous driving Despite the bullish long-term outlook, investors should be...
After a 2-½ year high, natural gas prices seem to be in consolidation mode as a moderation in summer heat indicates less cooling demand in the coming weeks.Front-month gas futures on the New...
After its more than 450% surge during 2020, the meteoric rally in Moderna (NASDAQ:MRNA) shares continues this year. The gains—propelled by the biotech's breakthrough vaccine against...
Yesterday's consumer price index release caught traders unprepared. Both the headline and core readings for the month of June surged 0.9%, showing that inflation spiked nearly double the already...
Wall Street's second quarter earnings season kicked off this week, with banking giants JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE:GS) having reported yesterday; lenders Bank of America...
It couldn’t have come at a more inopportune time for OPEC and the oil bulls who live off the cartel, but China has started to slow its buying of crude—in the same way it has...
It had barely recovered from the COVID-19 itself and now the Delta variant looks set to put a tighter bear squeeze on cocoa.The raw material for chocolates, baked goods, ice-cream and countless other...
There appears to be a perfect storm of events setting up to pressure the Australian dolllar lower.After the US Federal Reserve surprised markets in mid-June by moving up its timeline for...
A raft of inflation data and a host of speeches by Federal Reserve officials, along with the dollar’s reaction to those, will determine if gold gets to progress more deeply into $1,800 territory...
It was probably not what many people expected in this era of food commodity-fueled inflation, but soybeans are in a bear market after a huge upward revision in US stockpiles of the grain sent...
After a near invincible run for most of the second quarter, Q3 begins with natural gas heading for its sharpest weekly loss since April. And for good reason too: The next couple of weeks might not be...
On Tuesday, the US Defense Department scuppered its JEDI cloud computing project, a $10 billion, Trump-administration agreement with Microsoft (NASDAQ:MSFT). Instead, the DoD announced, "a new...
Fixed-income stocks have been in demand recently, thanks to expectations that U.S. Treasury yields will stay tame in the second half of the year amid fresh signs that the economic recovery from the...
A return to $1,800 pricing may have surprised even some of gold's ardent bulls, but the yellow metal needs to pass two stringent tests to stay in that vicinity.The first is the minutes of the Federal...
Energy markets are again in the grip of uncertainty after the OPEC+ oil cartel's members failed to agree on a plan to boost crude output. For investors, including those in related equities, that means...