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Memorial Day, at the end of May, marks the start of the US summer travel season. And this year, according to the US Travel Association, “about 6 in 10 Americans are planning at least one summer...
Four more years. The Senate voted 80-19 last week to confirm Jerome Powell for a second term as chairman of the Federal Reserve last week, in a bipartisan vote that was largely expected.So, a middling...
Reports FY Q1 2023 results on Tuesday, May 17, before the open Revenue expectation: $138.83 billion EPS expectation: $1.47 If you’re interested in upgrading your search for new investing...
Stocks on Wall Street rallied on Friday to cap off another brutal week, with the benchmark S&P 500 suffering its longest weekly losing streak since 2011 amid ongoing worries over the Federal...
With the majority of mega-cap earnings results already released, this upcoming week's reports will focus mostly on retailers and their forecasts for the second half of this year amid inflationary...
Diamondback Energy (NASDAQ:FANG) is one of the largest crude oil and natural gas producers of the Permian Basin—the region that spans between western Texas and southeast New Mexico and accounts...
Record-high fuel prices are testing the mettle of US consumers. How much further can they go, before the bubble pricks, is what oil bulls are trying to find out.As crude markets were set to finish a...
Broader US markets are still struggling to find a near-term bottom. It has been a tough couple of days for shareholders in virtually every market sector.The most recent US consumer price index (CPI)...
Apple is down more than 20% since its January peak It has a history of weathering economic downturns Apple’s cash pile offers another solid support If you’re interested in upgrading your...
Two weeks ago, Intel (NASDAQ:INTC) CEO Pat Gelsinger predicted the computer chip industry would be under-supplied through 2024. Gelsinger blamed insufficient manufacturing equipment.Last year...
Is the rally in natural gas cooling? In a sense, the answer may lie in the weather, which, on the contrary, is finally turning balmy in parts of the US where it matters.Officially, the so-called...
Last week, the Federal Reserve (Fed) delivered the sharpest rate hike in more than two decades, raising interest rates by 50 basis points. A sharp multi-day sell-off on Wall Street followed the...
The global energy complex is in the midst of a supercycle, according to a recent note by JPMorgan Exxon’s first-quarter earnings were the highest since 2014 The US oil giant is favoring...
The S&P 500 Index rebounded 0.25% yesterday, ending a three-day losing streak that pressed the index below the critical 4,000 level for the first time since March 2021.Last month, the gauge...
Worries over soaring inflation, slowing economic growth, and rising interest rates have been the primary driver of market sentiment in recent months. In this article, we highlight three companies that...
Wall Street’s roller-coaster ride continues. As the search for yield and potential capital-appreciation opportunities grows increasingly challenging, investors look at recently-listed...
Will gold fall beneath the $1,800-an-ounce support? Charts say yes, though bulls will likely be there to pull it back up quickly.With losses running for a fourth straight week, the yellow metal was...