News

With 10y yield retreating back to 4.20%, stocks had an easier time retracing Friday‘s hit, and then some. No technically important level had been breached on a closing basis (neither 4,447, nor

Starbucks Corp (NASDAQ:SBUX) is the market leader in coffee retailing. The firm scaled its business model from its first store in Seattle and expanded across the United States and then

In his Daily Market Notes report to investors, Louis Navellier wrote:

Friday's rebound continues on the open. Investors are ready to put August behind them.

New Leadership

The market is

Georgetown, Cayman Islands, August 28th, 2023, Chainwire

Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now

Powell was firm in his "job not done" inflation fight, but stocks duly declined only in the beginning. Rising to break even 4,415, but not making it above another resistance of 4,432. While the

NVIDIA Corp (NASDAQ:NVDA) shocked the world with its Q1 results and issued equally shocking Q2 results. The takeaway is that NVIDIA is cemented as the leading player in AI during this early phase

The paradigm of the AR/VR B2C industry is evolving at an astounding pace. Forecasts peg the value at $31.12 billion for 2023, with predictions highlighting a phenomenal 67% growth to reach $52.05

Intuit (NASDAQ:INTU) shares traded modestly lower on Friday despite the company developing financial software products reporting better-than-expected results for its fourth quarter.

It could be

Stocks duly reversed the NVIDIA Corp (NASDAQ:NVDA) earnings and guidance euphoria, breaking even 4,425 with ease. Even the old 4,385 support from from many weeks ago, was reached – I didn‘t count

Dubai, UAE, August 25th, 2023, Chainwire

Sensei Inu, a new memecoin, has launched its presale and onchain analysis suggests that SHIB whales could be claiming their share. Whales exiting SHIB may

Key Points

• Walmart’s Q2 results and guidance confirm trends suggested by other big-box retailers. 
• Consumers are shifting away from big-ticket items in favor of everyday needs. 
• Walmart

• The announcement that PayPal launched its own US dollar-backed stablecoin was met with mixed reactions.
• To address the questions around why PayPal has launched PYUSD, FXC Intelligence has today

10y tested the top at 4.33%, and retreated back to the 4.23% support – but S&P 500 kept declining yesterday. The dollar and real assets were though less determined to move correspondingly, which

Key Points

• The TJX Companies had a great quarter, and shares moved to a new high. 
• Growth, outperformance, wider margins, and raised guidance are highlights. 
• The company’s dividend is

Key Points

• Target had a mixed quarter, and the market reacted favorably, but the move may not last.
• The guidance was lowered despite the Q2 earnings strength suggesting that this year’s

Concerns surrounding inflation and its impact on the global economy have taken center stage. The threat of rising inflation has created a sense of uncertainty in the financial markets, leading to

WASHINGTON, DC – One year ago today, the landmark Inflation Reduction Act began making big corporations pay their fair share in taxes while reinvesting in priorities that help grow the middle class

If anything, 10y proved it doesn‘t want to top yet at 4.28%, and all the relief rallies in S&P 500 and Nasdaq failed. Orderly day of selling is the proper conclusion when looking at the daily

When it comes to asking rents, not all regions are created equal. Jonas Bordo of Dwellsy breaks down which areas of the country are most—and least—expensive for single-family homes and apartments

Key Points

• On Holdings had a solid quarter marred only by FX headwinds that cut into the top and bottom lines. 
• Analysts are on board with the name and see it moving higher this year. 

Key Points

• Meta’s pivot to AI, away from the Metaverse, has resulted in triple-digit 2023 price growth.
• After a long rally, the stock’s current pullback could offer a new buy point.
• Wall

Key Points

• Casino operator MGM Resorts posted a record for consolidated revenues in Q2 2023.
• Las Vegas continues to show strong demand trends with year-over-year casino drops and hotel

Similarly to Thu CPI, S&P 500 couldn‘t maintain a modest retracement following the disappointing manufacturing data, but still strong retail sales. Tech failed to react to the reversal in yields

S&P 500 made that tech driven upswing I cautioned you yesterday about, only to keep declining overnight in preparation for retail sales and Emire State manufacturing data. I don‘t see them as