“The lack of available inventory to sell proved to be a continuing impediment to sales,” said CEO Mark Tritton. Updated at 8:46 am EST Bed, Bath & Beyond (BBBY) – Get Bed Bath & Beyond Read more…
If gold is such a good hedge against geopolitical uncertainty, why has it been such a mediocre performer in the wake of Russia’s invasion of Ukraine? Contrarian analysis solves what is otherwise emerging as one Read more…
Both the UK & US saw a strong rise in inflation but the central bank outlooks are showing signs of possible divergence keeping GBPUSD under pressure. UK inflation & the BoE Today’s data confirmed that Read more…
Inflation remains the focus on market direction Wednesday ahead of PPI data for March as first quarter earnings begin to trickle-in. U.S. equity futures moved higher Wednesday, while Treasury bond yields inched further north and Read more…
JPMorgan CEO Jamie Dimon said the bank sees “significant geopolitical and economic challenges ahead due to high inflation, supply chain issue and the war in Ukraine.” JPMorgan Chase & Co (JPM) – Get JPMorgan Chase Read more…
Cathie Wood sold Twitter shares after Elon Musk revealed his 9.1% stake in the group, while a former investor is suing the Tesla CEO over an alleged SEC disclosure delay. Tesla (TSLA) – Get Tesla Read more…
“With a strong rebound in demand as omicron faded, we returned to profitability in the month of March,” said CEO Ed Bastian. Delta Air Lines (DAL) – Get Delta Air Lines, Inc. Report posted a narrower-than-expected Read more…
Inflation in the UK is developing an acceleration stronger than expected. Estimates for March marked a 1.1% CPI gain for the month, above the 0.8% a month earlier and rebutting analysts’ hopes that the monthly Read more…
Gold’s latest positive incline is finding assistance from the climbing Ichimoku lines after finally being able to shake off the one-month sideways market, which the commodity adopted from the second half of March. The recent Read more…
Stock futures higher as markets look to earnings boost; JPMorgan earnings on tap as Dimon details Russia hit; Twitter shareholder sues Elon Musk over stake building disclosure; Cathie wood says Twitter revenue model ‘maybe isn’t Read more…