He told Congress today that he’s not rushing into rate cuts until he can put that sign “Mission Accomplished” on the ship....
iPhone sales in China fell -24% in the 1st 6 weeks of 2024, per Bloomberg. Apple is now in the #4 slot of smartphone makers, gi...
That’s what BofA is feeling, cranking up their year-end S&P target from 5k to 5,400 per Bloomberg. GS is saying that fundamen...
GS dropped Apple from its conviction list. The stock is down.
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Core PCE (ex food and energy) was up 0.4% m/m. Overall PCE was up 0.3% m/m. Markets are up because the data was as expected, no...
As we mentioned, traders are waiting for the Fed’s favorite inflation gauge coming out tomorrow, in case you are wondering what...
Jamie Dimon says that he’s “cautious about everything” when talking about risks to a soft landing. He thinks the market’...
Enjoy your weekend? Well, it’s back to work with a data-packed week. Thurs is the Fed-fave PCE price index, which is expected t...
A poll of 150 investors by Reuters shows that folks have mixed views. Some think equities can squeeze higher past all-time-hig...
NVDA was up 15% in the premarket on the back of a 265% increase in 4Q23 rev y/y to $22.1bn. To add strobe lights to the party...
Even though PA Networks beat on the top and bottom lines, it was all about the guidance: lowered. The CEO said that the lower...
Walmart is buying Vizio for $2.3bn in order to grow its ad biz. What? Yep. Vizio is a tv maker, and Walmart sells a lot of the...
US producer prices were far hotter than expected. Not a good set of numbers for those hoping for the Fed to cut rates. So, bond ...
Retail sales in the US fell in Jan. Consumers took a breather after the strong holiday spend season. The drop was the larg...
Remember just a few months ago? Yesterday’s inflation reading via CPI data wiped out global bond rally hopes, which started w...
Bloomberg says that US equities may be flashing a sell signal for first time since late August 2023. Our Doomsday Dozen on Long...
First, Diamondback is buying Endeavor in a $26 bn deal (cash + stock) to create the largest pure-play operator in the Permian B...
The US inflation revision was not much. 10-yr yields are now at 4.13%. Inflation was roughly the same at the end of last year. So, ...