US The Valentine’s Day inflation report is the main event of this week. Disinflation trends will get tested here and we could potentially have a major turning point with Wall Street’s expectations on how high Read more…
This is scary. With ChatGPT all over the news and more companies turning to various forms of automation to make their operations run more smoothly, it’s understandable that those who fear their jobs could be Read more…
Wood’s flagship Ark Innovation ETF has dropped 47% over the past year and 75% from its February 2021 peak. Famed money manager Cathie Wood, chief executive of Ark Investment Management, continues to unload shares of Read more…
Elon Musk gives a short response to a complaint about long tweets and promises to take care of it. Long story short: Even Elon Musk has a problem with Twitter’s extra long tweets. “Yeah, the Read more…
And he’s reportedly not responding to questions about it. Warren Buffett’s Berkshire Hathaway is trimming its position in BYD (BYDDY) , the Chinese electric vehicle company that competes with Tesla (TSLA) – Get Free Report in Read more…
Shares of Lyft are slumping Feb. 10 after the ride-share provider delivered a disappointing quarterly report. Shares of Lyft (LYFT) – Get Free Report are not getting the lift that long investors were hoping for on Read more…
KEY TAKEAWAYS: The US CPI report for January will be released at 8:30ET (13:30 GMT) on Tuesday. Traders and economists are projecting headline CPI to come in at 6.2% y/y, with the core (ex-food and Read more…
With market participants revising up their implied path for the Fed funds target rate after the astounding US employment report for January, the dollar is set to eke out gains for the second straight week. Read more…
An action-packed week lies ahead for FX traders. The dollar staged a recovery lately as markets priced in a higher peak for Fed rates, but whether this comeback has scope to continue will depend on Read more…
Overnight, there was considerable movement in the USDJPY with rampant press speculation over who would be nominated as the next governor of the BOJ. There has been a lot of anticipation about the announcement, since Read more…