Category Archive: Finance, No picture
Q1 2024 U.S. Retail Preview: Sales Picked Up
Image Source: Unsplash The LSEG U.S. Retail and Restaurant Q1 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 20.6% growth over last year’s levels. Our metrics show that six of 10 consumer-related industries have turned positive. (Exhibit 1)Of the 201 retailers tracked by LSEG, the […]
Canoo Q1 Earnings: Up To $100 Million In Revenue Expected In 2024
Image Source: Unsplash Canoo Inc (Nasdaq: GOEV) is trading down in extended hours on Tuesday after reporting disappointing financial results for its first quarter. Canoo reiterates guidance for 2024 Investors are concerned because the future guidance failed to impress as well. $GOEV continues to see its annual revenue coming in the range of $50 million and […]
Big Money Buying Up Our Homes Is “Never Going To Stop”
Image Source: Pexels Many of the recent housing analysts I’ve talked with, like in last week’s excellent interview with mortgage expert Melody Wright, see tougher times ahead for the real estate market.So for further context, I thought it would be helpful to get a true “boots on the ground” view from one of America’s more successful […]
FTSE – Upbeat Wage Data Offset By Mixed Corporate Updates
Image Source: Pexels On Tuesday, the London stock market saw an increase, with the personal goods sector leading the way, as employment market data revealed stronger-than-expected wage growth. However, a mix of corporate updates tempered investor optimism. The FTSE 100 benchmark index rose by 0.2%. Huw Pill, the Chief Economist of the Bank of England, stated […]
Pre-token markets can revolutionize interactions with financial instruments: Keyrock report
Pre-token trading platforms are still an unpredictable market for buyers and sellers, according to a recent Keyrock report. Despite offering early access to tokens before they launch, data gathered by Keyrock suggests few buyers find profits in these platforms.Nevertheless, the speculation around the token price serves as a crucial barometer for initial market reactions and […]
Industrial And Tech Demand For Gold Surged In Q1
Industrial and tech demand for gold rebounded in the first quarter, rising 10 percent year over year.Industrial and technological applications consumed about 79 tons of gold in Q1, according to data compiled by the World Gold Council.At the aggregate level, all four major electronics fabrication hubs around the world recorded a year-on-year increase in gold […]
Petrobras Slashes Dividend: Is It Time To Sell The Stock?
Image Source: Unsplash Petróleo Brasileiro S.A. (NYSE: PBR), Brazil’s state-controlled oil giant, is once again in the spotlight as it grapples with shareholder expectations and market dynamics. After reporting a 38% year-over-year decline in Q1 profit earlier today, Petrobras announced that it is slashing its Q1 2024 dividend payout. This move will see dividends reduced to […]
GameStop Wif Hat meme coin skyrockets 47,000%, then plummets
Solana meme coin GameStop Wif Hat (GMEWIFHAT) showed stellar growth this Tuesday, with its price surpassing 40,000%. However, at the time of writing, the upside for GMEWIFHAT is just 131%.The price increase is tied to the return of RoaringKitty, the trader largely credited for spiking the GameStop stock surge in late 2020 along with the […]
TRON DAO adds Google Cloud as a Super Representative Candidate on the TRON blockchain
Geneva, Switzerland, May 14th, 2024 – TRON DAO today announced that Google Cloud has joined its roster of Super Representative candidates on the TRON blockchain. Super Representatives are responsible for producing blocks and packing transactions to help ensure blockchain governance on the TRON network. This initiative builds on TRON’s collaboration with Google Cloud to make its […]
Fixed Income ETFs Record Largest Inflow In Over Five Years, Adding $9.4 Billion
Image Source: Unsplash During LSEG Lipper’s fund-flows week that ended May 8, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the third straight week, adding a net $36.4 billion.This past week, money market funds (+$24.5 billion), taxable bond funds (+$8.1 billion), equity funds (+$3.6 billion), municipal bond funds […]
