AMD’s (AMD) AI story is starting to shift. The company is no longer just a beneficiary of rising AI demand. It is now generating meaningful revenue and profit from its data-center business, giving investors a Read more…
New York Fed President John Williams signaled that the Fed could remain in a wait-and-see stance, even as higher energy prices from the Iran conflict are expected to push headline inflation higher. Speaking to Bloomberg Read more…
Last year, Marriott’s net income grew to $2.6 billion, mostly driven by its luxury offering and a record-breaking development pipeline of 610,000 rooms. The Marriott Bonvoy loyalty program reached 271 million members, accounting for a Read more…
Sam Walton never forgot who the top dog in his operation was. “There is only one boss: the customer,” the Wal-Mart (WMT) co-founder once said. “And he can fire everybody in the company, from the Read more…
Every year, Wall Street waits for Jamie Dimon‘s letter to JPMorgan shareholders. This year, it arrived with a warning that goes well beyond banking. In his annual shareholder letter published April 6, Dimon warned that Read more…
Raising interest rates during an oil crisis is a clear mistake. Stagflation is knocking at the door of the US economy. The US dollar has been fluctuating within a 0.5% range since the end of Read more…
Daily Pivots: (S1) 1.1508; (P) 1.1540; (R1) 1.1575; More…. Intraday bias in EUR/USD remains neutral as consolidations from 1.1408 is still extending. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, Read more…
Daily Pivots: (S1) 0.7956; (P) 0.7988; (R1) 0.8015; More…. Intraday bias in USD/CHF stays neutral as consolidation from 0.8041 is still extending. Further rally is expected with 0.7833 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 159.48; (P) 159.62; (R1) 159.81; More… Intraday bias in USD/JPY stays neutral as consolidations from 160.45 is extending. Another fall could be seen, but overall outlook will remain bullish as long as Read more…
Lockheed Martin’s (LMT) outlook is getting a boost from Washington. President Donald Trump’s proposed $2.2 trillion defense budget eases one of the biggest concerns around Lockheed Martin’s forward guidance. At the same time, missile demand Read more…