US consumer confidence weakened further in July as households grew less upbeat about current business conditions and the labor market, although easing inflation expectations offered a modest offset. The Conference Board’s Consumer Confidence Index slipped Read more…
Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren’t bad. Cloud grew 82% year over year. Advertising held up. EPS beat. What rattled investors Read more…
A decline in public consumption of alcoholic drinks since the end of the Covid-19 pandemic has been a major factor in declining revenue in the beer, wine, and spirits sectors leading certain companies to file Read more…