A year and a half ago, in the middle of 2022 we were promised a recession by Wall Street. Imminent was the…
Apple ‘s revenue has slipped, but one Bernstein analyst notes that the company’s margins are getting better. Bernstein analyst Toni Sacconaghi wrote…
Berkshire Hathaway’s longtime vice chairman, Charles Munger, passed away yesterday at age 99. This Forbes cover story from early 1996, reveals just…
Falling gasoline prices helped significantly slow the pace of price growth in October. While the Federal Reserve’s bid to bring inflation to…
Pinduoduo Q3 Earnings Overview E-Commerce platform Pinduoduo beat estimates handily in both its top and bottom lines, demonstrating a strong ability to…
Palantir Technologies stock has been on a tear this year, and the gains continued Tuesday as the shares traded near a two-year high….
Key News Asian equities were slightly lower on light volumes as India and the Philippines were closed for holidays. The mid-morning release…
Inflation Data Push Home Builder Stocks Higher. Bond Yields Are What Count.
By Press Room
2 Mins read
Shelter costs continued to rise in October—but home builder stocks climbed anyway. Declines in the 10-year Treasury yield, with which mortgage rates…
Auto sales in Europe still look strong, but the underlying profit fundamentals are deteriorating fast, not helped by electric cars failing to…
McDonald’s kicks off Crocs collaboration inspired by Grimace and the Hamburglar
By Press Room
1 Mins read
Don’t Grimace: McDonald’s is stepping up its merch game. The fast-food chain is partnering with footwear brand Crocs CROX on “a full…