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The S&P Homebuilders Select Industry Index is poised for its biggest annual decline since 2007 Investors exited housing stocks as US 30-year mortgage rates surged to 6%, the highest since late...
Upstart Holdings was a high flier and growth investor favorite. Considering the huge sell-off since October 2021 on greater recession fears and pandemic-related challenges, the question is whether it...
Kellogg (NYSE:K) made a surprising announcement. It plans to break the business into three distinct independent companies—plant-based, cereal, and snacks—to allow each part of the business...
Technology stocks are out of favor as the US Fed hikes rates to combat inflation Aggressive reset in valuations has created bargain-buying opportunities in tech Investors should consider buying the...
Cotton has lost almost 25% of its value since the end of April, wiping out nearly everything it had gained from strong performances in three of the first four months of the year. Improving weather may...
Keeping pace with high inflation has undoubtedly been among the greatest concerns for stock investors this year. In May, the cost of living, as measured by the consumer price index, rose by 8.6%, a...
The US Federal Reserve has recently delivered its most significant interest rate hike since 1994 to counter four-decade high inflation, pushing the S&P 500 deeper into bear market territory.As...
There's a good reason Warren Buffett, CEO and Chairman of Berkshire Hathaway (NYSE:BRKb), is often referred to as 'the Oracle of Omaha'. The legendary investor is highly respected for his market...
What does it say when Hexo Corp (NASDAQ:HEXO) (TSX:HEXO), the largest Canadian marijuana grower by market share and one of the leading names in the North American cannabis sector, sees its shares drop...
Irish Finance Minister Paschal Donohoe, who heads the so-called Eurogroup of EU finance ministers, felt obliged this week to reassure bond market investors that the eurozone does not face another debt...
After a 10% plunge over two weeks, New York-traded RBOB gasoline futures are up 2% so far this week—at least at the time of writing.The rebound comes amid broadly positive energy markets as...
Volatility continues to grip Wall Street amidst growing concerns over an economic recession. The CBOE Volatility Index, also known as the “fear index,” is hovering above 31, up more than...
Current macro-environment hostile for high-growth companies Losses in Tesla stock accelerated after CEO Elon Musk offered to buy Twitter Some analysts see value in lower-priced stock If you’re...
WTI crude oil has been falling, for the second straight day in a row, for six of the last eight sessions.On Friday alone, the energy commodity plunged nearly 7%—its biggest drop since...
The credibility of central bankers is on the line as they stand convicted of having ignored inflation for too long and now must try to contain it against long odds.While she is no longer chair of the...
US recession rumblings and chart-based selling could keep oil under pressure till it breaks below $100-a barrel this week; then a wave of buying could see crude prices claw back most of what they had...
On Friday, June 17, Wall Street finished one of its worst trading weeks since the sharp declines seen in the early days of the COVID-19 pandemic in March 2020. Broader indices tried to recover their...