Qualcomm ‘knocked the cover’ off the earnings ball, and United Rentals ‘crushed’ expectations, the Action Alerts PLUS team said. Earnings season is upon us, and the Action Alerts PLUS team was impressed with results from Read more…
The euro has extended its slide on Thursday and fell as low as 1.0471 in the European session, before clawing back above the 1.05 line. Wobbly euro extends slide It has been a nasty ride Read more…
The Royal Caribbean cruise line has made a change its customers have been asking about. During the pandemic, Royal Caribbean (RCL) – Get Royal Caribbean Group Report adopted what it called “Cruise with Confidence.” That Read more…
ETHUSD (Ethereum) has been trending downwards since early April when the 3,570 region rejected its upside impetus. Although the cryptocurrency found its feet in the last couple of sessions, it currently appears to be lacking Read more…
The young manufacturer of luxury electric sedans is trying to navigate the disruption caused to supply chains by the pandemic. Lucid Group (LCID) – Get Lucid Group, Inc. Report is smiling. That’s noteworthy given the state Read more…
Key takeaways We expect the Federal Reserve to hike the target range by 50bp, a view shared by consensus and market pricing. We expect the Fed to signal that more 50bp rate hikes are likely Read more…
Markets There’s still no other place to look today, but to the FX market. The trade-weighted dollar gains a big figure, surging from 103 to nearly 104, the highest level since 2002 and coming from Read more…
Ark Innovation ETF’s disruptive technology stocks have withered amid rising interest rates. The asset manager Cathie Wood’s flagship fund, Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report, has dropped big-time, as her focus Read more…
Stocks rise with earnings in focus and despite GDP Q1 surprise contraction. US futures Dow futures +0.8 % at 33450 S&P futures +1.42% at 4243 Nasdaq futures +1.9% at 13240 In Europe FTSE +0.6% at Read more…
Walmart has some new merchandise that may not please Target. Big box retailer Target (TGT) – Get Target Corporation Report has a significant competitive advantage over its grocery competitors, including Walmart (WMT) – Get Walmart Inc. Read more…