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Update: US Equity Indexes Decline After July PCE Inflation Rate Rises
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa...
British Pound retreats as sticky PCE revives Fed hike bets
Sterling retreats some 0.39% as the US Dollar stages a recovery after a US inflation report revealed...
Hedge funds split on Alphabet, turn bearish on Broadcom in Q2
New Zealand Dollar edges lower on US-Iran tensions as RBNZ hike expectations curb losses
NZD/USD retreats on Tuesday and trades around 0.5880 at the time of writing, down 0.38% on the day. The New Zealand Dollar (NZD) remains under pressure as mounting geopolitical tensions between the Un ...
Gold can be a great inflation hedge, but sometimes it's not: AlphaSpace breakdown
Gold (GC=F) prices are edging below $4,500 as traders weigh the outlook for interest rates and inflation. Bob Iaccino, co-founder and chief investment officer of the Unfiltered Investor Newsletter, si ...
Target’s Stock Down 40% In Five Years
While Walmart and Costco have rewarded investors handsomely over the past five years, Target has done the opposite, and a new CEO now carries the weight of proving the struggling retailer can truly tu ...
Why Did Sandisk Stock Drop Today?
Morgan Stanley Does sounds the alarm on semiconductor stocks -- or does it?
6% Treasury yields are the biggest risk facing stocks right now. Here’s why.
A global bond-market rout was starting to put some pressure on stocks on Tuesday, as major U.S. indexes headed for a third-straight session in the red.
Housing Starts Come in Below Expectations
Housing Starts Come in Below Expectations.
Fabrinet free falls 20% after earnings, but BNP sees reasons for optimism
How Gulf Oil Is Escaping the Strait of Hormuz
Gulf oil producers are finding new ways around the Strait of Hormuz, but bypassing the world’s biggest oil chokepoint creates new risks. VLCC Rates Go Ballistic as Hormuz Turns Into a Freight Jackpot ...
iQIYI Q2 loss widens amid tax hit and revenue decline
British Pound steadies as weak US data counters Iran risk
The Pound Sterling steadies on Tuesday as geopolitical tensions rise in the Middle East, while housing data misses estimates and US Industrial Production decelerates. The GBP/USD trades at 1.35846.
3 Reasons to Sell DHI and 1 Stock to Buy Instead
Over the past six months, D.R. Horton’s shares (currently trading at $148.52) have posted a disappointing 11.2% loss, well below the S&P 500’s 13.1% gain. This was partly due to its softer quarterly r ...