Considered by many to be the top airline, Delta Air Lines (DAL) – Get Delta Air Lines, Inc. Report just can’t catch a break. Investors were looking for a potentially significant rotation to take place over last week’s high. Instead what they’re getting is a 5.5% selloff on Wednesday. Shares were higher by more than 3%…
Data on new cars and trucks help economists gauge consumer spending. Canva ContentsWhat Are Auto Sales?When Are Auto Sales Released?How Are Auto Sales Compiled?Why Are Car and Truck Sales Important?New Car Sales vs. Used Car Sales DataWhat Is the Correlation of Auto Sales to GDP?What Is the Trend in Car and Truck Sales?What Are Auto…
Some stocks have fallen so far, they’ve got nowhere else to go but up, Jim Cramer told his Mad Money viewers Tuesday. Even with seemingly everything going wrong, from interest rates and inflation to soaring gas prices, stocks still managed a strong showing last week and rallied off their lows again Monday. Why? Because eventually,…
Many economists and investors expect the economy to slow down as the Federal Reserve continues to raise interest rates. The would likely spark a slowdown in advertising. Wells Fargo analysts looked at how such a decline would affect about 20 stocks with meaningful ad revenues among media/entertainment companies, ad agencies, TV broadcasters, cable TV operators…
Amber Heard versus Johnny Depp. For many weeks, the trial between the two movie stars has captivated the general public and aroused often violent and passionate reactions on social media in favor of one or the other. It is now coming to an end. We have to believe that Elon Musk, the CEO of Tesla …
Elon Musk has advice for Jeff Bezos. The two tech moguls are respectively the richest man in the world and the second richest man in the world. At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past…
The bond market is susceptible to fluctuating interest rates. anilakkus for iStockphoto; Canva What Is Interest Rate Risk? What Is an Example of Interest Rate Risk?During bear markets, investors flock to fixed-income investments, like bonds and Treasury securities, because they offer relative stability in times of market volatility. In addition, many provide regular interest payments,…
The economic rebound of the past two years has buoyed the financial technology sector. And some fintech companies can continue to thrive near-term, even as economic growth slows, Wells Fargo analysts say. “Fintech fundamentals remained strong in the first quarter of 2022,” they wrote in a commentary. “Group revenue increased by 26.5% … while earnings…
The dollar has scored big this year, with the Bloomberg Dollar Spot Index gaining 4.5%. That’s a big number for the greenback, which generally moves much less than stocks. Solid U.S. economic growth and rising interest rates have attracted investors to the dollar. Russia’s war on Ukraine also has boosted the currency, as investors view…
Luna is making like the Phoenix. Luna 2.0, a new Terra Luna token, is set to launch on May 27, rising from the ashes of the spectacular crash that rocked the cryptocurrency market right down to its socks. ‘Terra 2.0 is Coming’TerraForm Labs founder Do Kwon proposed a new chain replace the existing Terra network, while…
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