The fast-food giant has slipped behind its chief rivals, but it’s willing to try new things to win back market share. For a long time, McDonald’s (MCD) – Get Free Report and Restaurant Brands International’s Read more…
The Tesla CEO and others worry that aggressively raising interest rates has helped create an untenable situation in car financing. The auto sector is one of the victims of the aggressive interest rate hikes by Read more…
Sin City has seen some major triumphs over the past year but covid and other health concerns have remained a dark cloud. The Las Vegas Strip literally went dark in March 2020. The massive casinos Read more…
Risk sentiment took a U-turn last week after more hawkish than expected FOMC projections and, more important, ECB forward guidance. Euro ended as the biggest winner for the week, trained by Swiss Franc, and the Read more…
The fledgling financial services industry has been trying to be transparent since the overnight implosion of cryptocurrency exchange FTX. Since the unexpected bankruptcy of the FTX cryptocurrency exchange on Nov. 11, the crypto space has Read more…
EUR/USD’s up trend extended to 1.0733 last week but retreated since then. Initial bias remains neutral this week first. Further rally is expected as long as 1.0481 resistance turned support holds. Firm break of 61.8% Read more…
USD/JPY gyrated higher to 138.16 last week but failed to extend the rally. Initial bias is turned neutral this week first. On the upside, break of 138.16 will resume the rebound to 55 day EMA Read more…
GBP/USD rose further to 1.2445 last week but formed a short term top there and reversed. Initial bias is mildly on the downside this week for 55 day EMA (now at 1.1853). Firm break there Read more…
The electric vehicle maker has lost nearly $640 billion in market capitalization this year. It’s a total stock market disaster for Tesla. Even for the world leader in electric vehicles, this is worrying, even alarming. Read more…
The billionaire entrepreneur has become hugely influential, making his opinion on sensitive topics highly anticipated. Elon Musk is arguably the most influential boss in business right now. One of his tweets generates comments on both Read more…