Yesterday’s news from the FOMC is unlikely to have much impact on participants’ views that the Fed’s tightening cycle is over. According to published protocols: → The Fed will act cautiously; → all FOMC participants considered it appropriate to keep rates at current levels; → everyone also agreed that they would raise interest rates only […]
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Norwegian Cruise Line Holdings (NCLH) is losing investor confidence as Morgan Stanley cuts its price target, and the stock has dropped 21% this year. Weaker booking momentum, pricing friction in key itineraries, and commercial execution Read more…
Twilio (TWLO) just held its annual SIGNAL customer conference. Bank of America Securities sent two analysts. They came back more convinced than before. That conviction now has a price attached to it: $225. And the Read more…
Nonfarm payrolls rose by 115k in April, down from March’s gain of 185k but ahead of the consensus forecast calling for a smaller print of 65k. Revisions to the two prior months subtracted a total Read more…