Mastercard Incorporated (MA) Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. Visa Inc. (V) Visa Inc. operates as a payments technology company worldwide. […]
Read More(Bloomberg) — In another week of severe equity turbulence, the S&P 500 saw three of the biggest intraday reversals of the decade, Microsoft Corp. swung 15% in 15 hours, and stock volatility doubled. In the end, for one last twist, the index rallied Friday, erasing losses for the week to post one of its smallest […]
Read More(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 […]
Read More(Bloomberg) — Mortgage rates in the U.S. dipped for the first time in a month. The average for a 30-year loan was 3.55%, down from 3.56% the prior week, Freddie Mac said in a statement Thursday. The dip may reassure homeowners there’s still opportunity to save money by refinancing. Still, borrowing costs are expected to […]
Read More(Bloomberg) — The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material. The supply chain is “very stretched” and making and shipping high-demand packing materials to customers is expected to remain tough in […]
Read More(Bloomberg) –Federal Reserve Chairman Jerome Powell fired the starting gun for potentially the biggest and fastest tightening of global monetary policy in years. His hawkish shift included not ruling out U.S. rate hikes at every meeting for the rest of 2022. Over the next week, about a half dozen other central banks, including the Bank […]
Read More(Bloomberg) — Kim Kardashian’s underwear label Skims doubled its valuation to $3.2 billion from nine months ago, as investors pour money into emerging brands expected to take market share. The $240 million financing round was led by hedge fund Lone Pine Capital and joined by investment firm D1 Capital Partners, Skims Chief Executive Officer Jens […]
Read More(Bloomberg) — China’s equity benchmark slid into a bear market while the yuan tumbled the most in seven months, as the Federal Reserve’s hawkish comments added to investor concerns over the nation’s regulatory headwinds. The CSI 300 Index closed 2% lower on Thursday, taking losses from a peak in February to more than 20%. The […]
Read MoreTurquoise Hill Resources Ltd. (TRQ) Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates the Oyu Tolgoi copper-gold mine located in Southern Mongolia. BHP Group (BBL) BHP Group engages in the natural resources business in Australia, Europe, China, […]
Read MoreVAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. EGY $4.1500 0.0200 % 0.4800 Vaalco Energy Inc Sector : Oils-Energy Industry : Signal […]
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