Signs that the U.S. housing market is stressed have been piling up over the past few weeks. The U.S. housing market is under duress. For weeks now the economic data coming out of the U.S. Read more…
The chip stocks are in focus amid the recent rally. Here’s how to trade AMD, Nvidia and Intel now. Chip stocks like Nvidia (NVDA) – Get NVIDIA Corporation Report, Advanced Micro Devices (AMD) – Get Read more…
Enlarge (credit: Getty Images | Christopher Ames) Netflix yesterday reported a loss of 970,000 paid streaming subscribers in its Q2 earnings after having lost 200,000 customers in the first quarter of 2022. The company’s worldwide paid Read more…
‘A typical U.S. first-time buyer now finds that owning a home is too expensive,’ according to S&P Global Ratings. Soaring home prices and mortgage rates, along with a lack of supply, have hammered the hopes Read more…
Disney and Comcast’s Universal have a complicated relationship. Universal Studios has attractions featuring some of Disney’s most popular characters. Walt Disney’s (DIS) – Get The Walt Disney Company Report Disney World and Disneyland compete with Read more…
Netflix stock is rallying on better-than-feared earnings. The chart hints at how they could extend that move. Netflix (NFLX) – Get Netflix Inc. Report is breaking its streak of post-earnings plunges, which is a great development Read more…
Here’s how Americans weigh stocks versus real estate as long-term investments With housing prices skyrocketing and stocks plummeting, it’s highly understandable if Americans choose real estate over equities as their preferred long-term investment vehicle. The Read more…
Canada took over the inflation marathon from the UK. The rate of consumer price growth accelerated from 7.7% to 8.1% y/y in June there, although it was lower than 8.4% as expected. However, an even Read more…
Canadian inflation rose 8.1% YoY in June vs an expectation of 8.4% YoY and a previous reading of 7.7% YoY. This was the highest reading since January 1983! Although the number was higher than May’s Read more…
This week’s impressive euro rally, which has seen EUR/USD jump by about 200 points, has taken a pause today. EUR/USD is almost unchanged at 1.0224. ECB poised for liftoff It’s show time (finally) in Brussels, Read more…