Initial claims for regular state unemployment insurance jumped by 17,000 for the week ending November 19th, coming in at 240,000. The previous week’s 223,000 was revised up from the initial…
The final November results from the University of Michigan Surveys of Consumers show overall consumer sentiment declined for the month, holding near historically low levels (see first chart). The composite…
Sarat Sethi, the Managing Partner and Portfolio Manager at investment advisory firm Douglas C Lane & Associates, believes oil and gas will lead the market going into 2023. The financial…
Deere & Company (NYSE: DE) is trading significantly up this morning after reporting its fourth-quarter sales that topped Street expectations by more than $2.0 billion. Is Deere stock a ‘buy’…
New orders for durable goods rose 1.0 percent in October, following a 0.3 percent gain in September. Total durable-goods orders are up 11.5 percent from a year ago. The October…
Sales of new single-family homes rose in October, increasing 7.5 percent to 632,000 at a seasonally-adjusted annual rate from a 588,000 pace in September. The October gain was the third…
David Einhorn needs no introduction as he is one of Wall Street’s most famous investors. He is not afraid of making bold calls, and the hedge fund he manages, Greenlight…
Core Scientific (NASDAQ: CORZ), a publicly traded crypto miner that’s facing increased possibility of bankruptcy, has revealed a $434 million loss for the period ending September 30, 2022. The Bitcoin…
Alesia Haas – the Chief Financial Officer of Coinbase Global Inc (NASDAQ: COIN) once agreed to at least a “small risk of bankruptcy” on CNBC. Six months later, those concerns…
The 40-year MNO lock-in is broken, as power switches to the hands of the enterprise, and proprietary relationships become a challenge of the past. As enterprises build towards private LTE,…