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Of all the non-energy commodities, wheat is probably one of the most political now. Its price and outlook are dependent on the outcome of the Ukraine war more than anything else.And why not? Russia...
Reports Q1 results on Wednesday, May 4, before the open Revenue Expectation: $6.08 billion EPS Expectation: Loss of $-0.2718 The world’s largest ride-hailing service, Uber Technologies...
All eyes are on the Federal Reserve's decision due out later today. Analysts agree that the central bank is increasingly concerned about inflation and thus will work on reducing the supply of easy...
Shares of Pfizer (NYSE:PFE) headed lower on Monday, after the pharmaceuticals giant announced on Friday that its coronavirus drug, Paxlovid, failed a late-stage trial when it didn't "meet its primary...
Shares of Canopy Growth (NASDAQ:CGC) (TSX:WEED) have gained 14% in the past week after the cannabis grower publicly outlined a series of cost-reduction actions in an effort to accelerate its path to...
Think of $110-$95 a barrel as the new normal.We’re referring to the trading range for US oil’s benchmark West Texas Intermediate crude, known more popularly by its three-lettered...
Surging yields on US Treasuries crossed the 3% threshold amid a price rout on the government bonds (yields rise as prices fall) in Monday trading ahead of this week’s meeting of the Federal Open...
The year-to-date broad market sell-off gathered pace in April, as US indexes recorded their worst monthly performance since the pandemic-driven crash of March 2020. The NASDAQ underperformed and...
It's been a rough eight months for Meta Platforms (NASDAQ:FB) as the company's stock more than halved in value, losing over 54%, as of last Wednesday's close.About half of the losses that have been...
When April trading started, investors may have harbored some hope that the new month wouldn't be as wild as March had been.And indeed, it wasn't. It might have been worse. April—normally one of...
Economists are facing an array of conflicting data. That gives each of them an opportunity to be partly right—inflation is surging, but maybe has peaked, interest rate increases will dampen...
In one of the most intense weeks for markets, the Federal Reserve and OPEC+ will both be on the radar of commodity investors, setting gold and oil prices up for a particularly turbulent time, with the...
April was a difficult month for Wall Street. Many stocks—and some indices—suffered their worst monthly performance since the pandemic first hit in March 2020. Numerous exchange-traded...
Reports Q1 2022 results on Tuesday, May 3, after the market close Revenue Expectation: $5.01 billion EPS Expectation: $0.91 When Advanced Micro Devices (NASDAQ:AMD) releases its latest quarterly...
Stocks on Wall Street plunged on Friday, with the tech-heavy NASDAQ Composite suffering its worst month since 2008, as technology shares sank following disappointing earnings and worries over looming...
Overall, mega-cap earnings don't lift markets S&P 500 sees worst daily drop on Friday since June 2020; worst monthly decline since pandemic start NASDAQ sees worst month since 2008 Equity bulls...
Investors will be bracing for another volatile week in the stock market this week on signs that ongoing bearish sentiment has more room to run, especially when an adverse macroeconomic environment has...