(Bloomberg) — Robinhood Markets Inc.’s free fall has stopped, at least for now. After losing more than two-third of its value since the company’s initial public offering, the stock erased early declines Friday, a day after reporting fourth-results that missed Wall Street estimates. The shares rose 52 cents to $12.13 at 12:54 p.m. in New […]
Read More(Bloomberg) — U.S. inflation-adjusted consumer spending fell last month by the most since February, suggesting that Americans tempered their outlays amid the latest Covid-19 wave and the fastest inflation in nearly 40 years. Purchases of goods and services, adjusted for changes in prices, decreased 1% from November, the Commerce Department said Friday. The personal consumption […]
Read More(Bloomberg) — Seven straight jumps in the so-called “fear gauge” for the S&P 500 is a signal that it may be time to wager against volatility, if history is any guide. Only 10 times in the past two decades has the Cboe Volatility Index — better known as the VIX — risen for that many […]
Read MoreThis independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segments, Exploration and Production; and Midstream. MTDR $45.2500 1.0100 % 2.2800 Matador Resources Company Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell may consider the first half-point interest-rate increase in more than two decades later this year if he needs a “shock and awe” approach to counter persistently high inflation that risks feeding into Americans’ psychology. The Fed has penciled March in for its first rate hike since 2018 and […]
Read More(Bloomberg) — Tesla Inc. shares wiped out about $109 billion off its valuation in the course of a single day after the electric vehicle maker’s fourth-quarter earnings and outlook failed to impress investors. Shares of the Austin, Texas-based electric vehicle maker plunged nearly 12% on Thursday after an earnings call the previous day that was […]
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