Amazon.com Inc (NASDAQ: AMZN) will continue to see weakness in its “cloud” business next year, says Dan Niles – the Founder of Satori Fund. Demand will slow down further in…
United Airlines Holdings Inc (NASDAQ: UAL) is keeping in the green on Monday in an otherwise down market after a Morgan Stanley analyst said 2023 could be a “goldilocks” year…
Tesla Inc (NASDAQ: TSLA) is trading down on Monday after Bloomberg said the electric vehicles manufacturer planned on cutting production of its small SUV – the Model Y. Tesla says…
“XLE” – the Energy Select Sector SPDR Fund is in the red on Monday after OPEC+ agreed against cutting oil production further that sent oil prices back under $80 a…
The Institute for Supply Management’s composite services index increased to 56.5 percent in November, rising 2.1 points from 54.4 percent in the prior month. The index remains above the neutral…
Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin…
Apple Inc (NASDAQ: AAPL) is in focus this morning after its biggest iPhone supplier reported a big hit to revenue in November. Foxconn revenue tanks 29% in November Foxconn Technology…
When the Adderall-addled Sam Bankman-Fried (SBF) lost control of his crypto-trading platform after defrauding users, many had their priors confirmed. Crypto bad! they cried. This, of course, is rather like…
Sales of light vehicles totaled 14.1 million at an annual rate in November, down from a 15.1 million pace in October. The November result was a 6.5 percent decrease from…
The Confederation of British Industry (CBI) has cautioned that the UK economy is staring at a decade of missed growth unless action is taken on investment tax exemptions, the Northern Ireland…