Oil took another pipeline lower as recent headlines reduced supply route concerns for one of its bigger producers. The initially secret discussions for a Ukraine-Russia peace plan, initiated by the US, have taken a much more serious shape. An original Russian-drafted 28-point plan—similar to the one proposed for Gaza—had earlier been publicized but was subject […]
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BofA Global Research is the latest brokerage to revise its Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Read more…
The ice cream retail sector faced serious disruptions over the last year, which included major chain closings and bankruptcy filings, as many dealt with financial issues related to rising costs due to inflation. Drugstore chain Read more…
Bank of America just got even more bullish on CoreWeave (CRWV), spearheaded by the market’s insatiable demand for AI infrastructure. On May 6, according to TheFly, BofA raised its price target on the AI cloud Read more…