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Month: June 2022

Cryptocurrencies

FedEx Stock: Activists Are Buying. Should You Be, Too?

FedEx stock is ripping higher as it issues new board seats and a dividend boost. Here’s how to trade it now. After the stock market’s brutal June 13 session and a mixed session so far Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Elon Musk Has an Obsession He Can’t Get Over

The CEO of Tesla is on all fronts. He now tries to alert the public to various issues that he deems important. Since April, observers and detractors of Elon Musk believe that he is obsessed Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Tesla Rival Rivian Delivers Bad News

Rivian and other EV starts-ups are struggling with various challenges as they try to carve out a piece of the market. This is a tough time to be a start-up. New entrants into the electric Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Two Big Names May Become Bargain Stocks Amid Rout: Morningstar

PepsiCo particularly benefits from its nonbeverage products, including Frito-Lay and Quaker, Morningstar said. As stocks plunge into bear-market territory, some will turn into attractive bargains. Two that may fit that bill are consumer-products titan Colgate-Palmolive Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Is The ‘Pandemic Sweatpants’ Era Finally Over?

Fashion rental company Rent the Runway recently reported a very strong earnings quarter. The idea of a “dressing up” renaissance has been peddled by the fashion industry since the start of the pandemic. The prediction, Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Kiwi Caught in Fed and Inflation Crossfire, New Zealand GDP Might Not Help

New Zealand’s economy has had a bumpy but strong recovery from the pandemic lockdowns and data due on Thursday (Wednesday, 22:45 GMT) is expected to show GDP kept expanding in the first quarter. The healthy Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

US PPI Not Much Help in Trying to Decide Between 50bps and 75bps from Fed

Until the FOMC decision on Wednesday, USD/JPY seems like it may be in waiting mode. All eyes were on the PPI print this morning, as it offered one last inflation data point for the Fed Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Bank of England Preview

A 25-basis-point hike is priced in, but will the BoE deliver a surprise? When is the BoE monetary policy meeting? The Bank of England’s Monetary Policy Committee (MPC) will conclude its meeting on Thursday 16th Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Cruise Line Drops Pre-Cruise Covid Testing Requirement

The move may push other cruise lines that sail from U.S. ports to follow. No industry suffered like the cruise industry during the pandemic.  Yes, airlines, restaurants, theme parks, and hotels took major hits — Read more…

By , 4 years ago June 14, 2022
Cryptocurrencies

Are You Overpaying Taxes? CPA Explains Why You Shouldn’t

The IRS returned 96 million tax refunds worth billions. Why you shouldn’t get yours by overpaying. When you see headlines saying that the IRS has paid out more than 96 million tax refunds worth more Read more…

By , 4 years ago June 14, 2022

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