Category Archive: Finance, No picture
AUD/USD Post Moderate Gains On Solid US Data, Weak Aussie PMI
Image Source: Unsplash Australian Dollar appreciates against USD, driven by positive sentiment and strong US economic data. US Dollar Index falls 0.27% after Fed keeps rates steady and signals slower Quantitative Tightening. Chair Powell stresses data-dependent policy amid slow inflation progress. Australia’s Judo Bank Services PMI disappoints investors, coming at 53.6, down from 54.2, missing estimates. […]
Apple Soars After IPhone, China Sales Drop Less Than Feared; Unveils Record-Breaking $110 Billion Buyback
Image Source: UnsplashWith most of the mega techs having already released earnings, all eyes were on the last Mag7 to report during the heart of earnings season (there is still Nvidia, but due to a calendar quirk that’s not for a month) which is also the company which until recently was the undisputed market cap world […]
Ethereum Name Service challenges Unstoppable Domains’ patent
Ethereum Name Service (ENS) has petitioned the United States Patent and Trademark Office (USPTO) to challenge the validity of a patent obtained by Unstoppable Domains (UD) in 2023. ENS claims that UD’s patent utilizes technology that ENS had developed and open-sourced.In a statement on social media platform X, ENS explained that UD obtained a patent […]
Top Stock Reports For Micron Technology, Anheuser-Busch & Duke Energy
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Micron Technology, Inc. (MU), Anheuser-Busch InBev SA/NV (BUD), and Duke Energy Corporation (DUK). These research reports have been hand-picked from the roughly 70 reports published by our analyst team […]
Consumption Per Capita Relative To Trend
Image Source: PexelsAre you better of than you expected four years ago? I use trend growth 2016-2019 to figure out what is “expected”.Figure 1: Consumption per capita in Ch.2017$, calculated using consumption divided by population (blue), and 2016-19 (stochastic) trend (tan). NBER defined peak-to-trough recession dates shaded gray. Source: BEA, Census via FRED, NBER, and author’s calculations.More By This […]
Amazon: The Steady Ship
Image Source: UnsplashFor all of its insanity in the late 1990s, Amazon has turned into a placid, stable, and frankly boring stock. That’s no problem for the bulk of people who are content to hold on to it for growth because there’s no doubt, they’ve metamorphized from a crazy startup to something more closely resembling Walmart.More […]
Eclipse unveils Neon Stack to bridge the gap between Ethereum and Solana
Eclipse announced today the deployment of the Neon Stack technology, aimed at solving the compatibility issues between Ethereum and Solana ecosystems. The Neon Stack is a technology suite developed by the core Neon EVM team, which makes the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM) interoperable.This integration of the SVM by Eclipse […]
Is The Housing Market Going To Crash?
Image Source: Unsplash Join host James Connor and real estate expert Loreen Gilbert, Wealthwise Financial CEO, as they discuss the latest revolving around real estate whether now is the time to rent or buy, and if we’ll ever see fixed 30-year mortgage rates slump down to 3%.Loreen shares own outlook on GDP numbers, interest rate expectations, […]
Rates Spark: Payrolls Day, And It’s Potentially A Big One For Rates
Post the FOMC, the information value from US payrolls is amplified in our opinion. It’s a report that can always generate volatility. We think this one has the capacity to create a lot of discussion. Also, the back end of UST and Bund curves are tightly correlated, suggesting inflation risk from the US has been […]
Interest Rate Cuts Are Coming, Right?
Image Source: Unsplash Interest rate cuts are coming. We’ve been hearing that since the fall of 2023. Hasn’t happened. How come? More worrying for investors is what will happen, and how to prepare.In the fall of 2023, with inflation easing and the economy in general seemingly under control, it made sense for the Federal Reserve and […]
