News

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

Economic readings continue to point to a “soft landing” through the next few months, characterized by low and falling inflation and a resilient labor market. Consequently, the Fed raised interest

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

David Einhorn’s Q2 2023 letter to Greenlight Capital investors, discussing his long positions in NET Power Inc (NYSE:NPWR) and Onex Corp (TSE:ONEX). Full letter here.

Dear Partner:

The

Still Another Airport Near Crash – Can AI Help? Southwest Plane Just Missed Cessna at San Diego

Close Call Between A Southwest Plane And A Cessna

WASHINGTON, D.C. (August 13, 2023) – On

PPI above expectations – 0.3% as I predicted – made stocks move higher only to give up all premarket gains, and some. Rotations didn‘t disappoint me – they were weak. What was disappointing, is

Crypto stocks have been on a tear since the beginning of the year.

Coinbase (NASDAQ:COIN) is up well over 250%.

Bitcoin mining stocks like Riot Platforms, Inc. (NASDAQ:RIOT) and Marathon

Feeling stuck in a savings rut despite your penny-pinching strategies? Wondering if some age-old financial wisdom is misleading you?

Unfortunately, personal finance is a subject that receives

Granite city, U.S. Outlying Islands, August 14th, 2023, Chainwire

BTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured

3.2% CPI provided enough fuel for an opening S&P 500 spike above 4,535, but the tech-led rally fizzled out without reaching 4,565, which would make a good shorting area (if exhausted there)

With a huge net worth of $150 million, Dick Cheney is among the richest American politicians. He is a Republican who served in the administrations of George H.W. Bush and George W. Bush. He was the

Mauricio Umansky is a prominent name in the luxury real estate industry. Though he is famous for being the husband to The Real Housewives of Beverly Hills’s cast Kyle Richards, his net worth says

Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the third week in four, injecting a net $10.8 billion for the LSEG Lipper fund-flows week ended

Yesterday‘s S&P 500 downswing didn‘t last even though the sellers came back strongly before the day was over. Bonds though have recovered, 10y yield is sitting at 4% – the interest rate sensitive

Texas Gov. Greg Abbott ceremonially signed the $18 billion property tax relief bill into law on Wednesday. The bill, which is the largest property tax cut in Texas history, will bring massive

Key Points

• UPS falls on soft results and outlook, but a buying opportunity could be close. 
• Internal improvements set the company up for leverage over the long term; however, a rebound could

S&P 500 reversed mid session, but it would be premature to call for the end of the correction – odds are that following today‘s rebound, which I saw as likely to stall in the 4,535 area as easy

• Online prices dropped 1.6% compared with July 2022, and 0.9% from June 2023
• Grocery price increases have now slowed for 10 consecutive months
• Categories including appliances

Key Points

• Crown Castle is trading 50% below its January 2021 record peak and has a forward dividend yield that has doubled to 6%.
• Unlike most REITs that invest in buildings, Crown Castle