Quick Look Non-seasonally adjusted PPI surged six point two per cent in March; seasonally adjusted only rose one point nine per cent. Core PPI rose two point eight percent in March; services and goods sectors
On Wednesday, Advanced Micro Devices (AMD) shares tumbled as fears of losses in China eclipsed the introduction of the Ryzen Pro 8000 Series. The California-based semiconductor company’s stock shed 5.70% to $154.14 per share on
On Tuesday, Rivian Automotive’s shares surged after UBS upgraded the electric vehicle (EV) maker’s rating from Sell to Neutral. The California-based carmaker’s stock jumped 3.69% to $8.71 per share on April 16, snapping a four-session
Quick Look: Dow Jones up 0.4%, S&P 500 and Nasdaq dip slightly. 10-year Treasury yield stable at 4.64%. China shows 5.3% growth in Q1, strong in sales and production. Mixed corporate earnings; tech and automotive
Quick Look: Trump Media shares fell 62% from the initial price of $26.61. Stock warrant exercise could raise $247.1M amidst heavy resale plans. Legal proceedings and stock lockup expiries add market uncertainty. Analysts are critical
On Monday, Tesla Inc.’s shares tumbled on reports that Elon Musk announced a new round of layoffs through an internal memo. The Austin-based automaker’s stock edged 5.59% lower to $161.48 per share on April 15,
On Friday, Intel Corporation’s shares tanked after China issued new guidelines telling telecom carriers to stop using Intel chips by 2027. The California-based tech giant’s stock retreated 5.16% to $35.69 per share on April 12,
Quick Look Bill Smead predicts two significant bear markets soon, echoing early 2000s patterns. Rising inflation is altering investment landscapes, warns Smead. High valuations of growth stocks signal potential downturns. The shift in investment focus
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