The 2023 earnings season starts with four major US banks reporting quarterly earnings this week. In light of the Federal Reserve’s tightening of financial conditions, it is interesting to see…
Investing
Standard Chartered (LON: STAN) has had a strong start of the year. The shares jumped to a high of 796p, the highest point since June 25. At its peak this…
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department…
The second week of the trading year looms as the FX market returns to normal. After weeks when liquidity was low, the trading environment is back to to normal. The…
The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December…
Will Constellation Brands’ sell off continue as CEO insists it is undervalued?
Constellation Brands, Inc (NYSE:STZ) has been a very defensive name despite the stock market woes. The stock traded above $260 on December 02, 2022, its highest price ever, also hit…
Shares of World Wrestling Entertainment Inc (NYSE: WWE) went up 20% on Friday after the media company reinstated former CEO Vince McMahon to the Board. McMahon to pursue a possible…
Lululemon Athletica Inc (NASDAQ: LULU) has lost about 15% since early December but a Wells Fargo analyst says a near full recovery is on the cards for the coming months.…
S&P 500 is in the green this morning even though the Bureau of Labour Statistics reported a better-than-expected growth in nonfarm payrolls for December. Notable figures in the monthly jobs…
Shell plc (LON: SHEL) is in focus on Friday after it said the new levies in European Union and the United Kingdom could result in a $2.0 billion tax hit…