Morningstar analyst Burkett Huey assigns Boeing a wide moat, putting fair value for the stock at $249. Boeing (BA) – Get Boeing Company Report shares haven’t suffered much from the deadly March 21 crash of its Read more…
Both companies received fake requests from hackers posing as law enforcement. Failing to attack the platforms and products of the tech giants, hackers have found a less elaborate way to deceive them. And the trick Read more…
AUDJPY’s latest pullback from the fresh multi-year peak is resting on the red Tenkan-sen line around the 91.00 price level, which is the 23.6% Fibonacci retracement of the up leg from 80.35 until the more Read more…
Asset manager Cathie Wood also continued buying 3D-printing stocks and a crypto stock. Ark recently noted that private stock values are sliding. The prominent asset manager Cathie Wood, chief executive of Ark Investment Management, on Read more…
This will be the final NFP report before the next Fed meeting in early May, where traders are currently split between expecting a 25bps and a 50bps rate hike. NFP insight It’s like a geeky Read more…
Markets ECB chief economist Lane spent most of today’s speech in Paris reminiscing on the ECB’s “successful” monetary policy response to the pandemic. He took the opportunity as net asset purchases under the Pandemic Emergency Read more…
Personal income was up 0.5% month-on-month (m/m) in February, on par with consensus expectation. January growth was revised up to +0.4% m/m from a flat reading. Compensation of employees (+0.6% m/m) remains the driving force Read more…
The Canadian economy expanded by 0.2% month/month (m/m) in January, matching Statistics Canada’s flash estimate. The flash estimate for February showed an even stronger gain of 0.8% m/m. January’s increase in activity was mixed, with Read more…
Detroit giant GM is increasing production rates for an electric pickup that is seeing very high demand. General Motors (GM) – Get General Motors Company Report is lining up the pieces to counter and attack its Read more…
This should bring in a global audience for Caesars, MGM, Wynn, and every casino operator on the historic Las Vegas Strip. Las Vegas has quickly gone from a sports desert to one of the world’s Read more…