PCE hits a new 40-year high: ‘Fed’s willing to risk a deeper recession’
S&P 500 closed over 1.0% up on Friday even after the PCE Price Index – an inflation gauge that the Fed prefers
S&P 500 closed over 1.0% up on Friday even after the PCE Price Index – an inflation gauge that the Fed prefers
Apple, Inc. (NASDAQ: AAPL) reported strong third-quarter results this Thursday, and the board of directors declared a $0.23/quarterly share dividend. Apple showed the
McDonald’s Corporation (NYSE:MCD) and Starbucks Corporation (NASDAQ:SBUX) operate in a related industry. Both offer consumer food-related products, which get affected almost equally
Ford (NYSE: F) shares rose 5% after the leading auto manufacturer announced better-than-expected second-quarter financial for the 2022 financial year. Ford beats analyst consensus Ford
Five9 (NASDAQ: FIVN) stock rose by 7% after announcing its second quarter financials for the 2022 financial year. The cloud contact center software
S&P 500 (SPX) advanced approximately 9.1% for July and posted its biggest monthly percentage gain since November 2020. Second-quarter U.S. corporate results have
Visa (NYSE: V), a global leader in digital payment systems that facilitates payment transactions between merchants, consumers, government entities, and financial institutions across
Chipotle Mexican Grill (NYSE: CMG) stock went up 10% after announcing its second quarter financials for the year 2022. The fast-food chain known
AMC Networks Inc. (NASDAQ:AMCX) has been subject to analyst ratings this month. Nine research firms covering the stock had a “hold” rating
A day after Intel Corporation (NASDAQ: INTC) reported “catastrophic” results for its fiscal second quarter, a Susquehanna analyst says the stock is
Deere & Company (NYSE: DE) is a great pick amidst the Ukraine war and food inflation that topped 10% last month, says
Exxon Mobil Corp (NYSE: XOM) is up roughly 4.0% on Friday after its Q2 earnings report came in much better-than-expected. CEO expects oil
Inflation is roaring, as everybody knows. Real wages falling But wages aren’t keeping track. Wages rose 1.4% in the second quarter, and 5.3% over
Schwab Asset Management will launch its first crypto-related exchange traded fund (ETF) on the New York Stock Exchange (NYSE) next week, the
Shares of Procter & Gamble Co (NYSE: PG) are down about 6.0% on Friday after the consumer goods company weaker-than-expected profit for
Danish blockchain platform Vleppo and US-based plant genome biotech firm Allele Group have used blockchain technology powered by Ethereum (ETH) scaling solution