(Bloomberg) — Contemporary Amperex Technology Co. Ltd. unveiled an electric-car battery it said has a range of over 1,000 kilometers (620 miles) on a single charge and is 13% more powerful than one planned by Tesla Inc., a major customer. CATL, as the world’s biggest maker of electric-car batteries is known, will start manufacturing the […]
Read More(Bloomberg) — Investment bankers in the US and Europe are bracing for potentially billions of dollars in total losses on big-ticket leveraged buyouts as they struggle to offload risky corporate debt that’s plunging in value amid a sweeping market selloff. The biggest hit, which could amount to about $1 billion, may come from the take-private […]
Read MoreThe Tech sector has enjoyed the lion’s share of attention among all segments of the economy for a number of years. That’s been a good thing during bull markets, but it also means the sector really gets pummeled when uncertainty increases. Since 2020, that attention – driven in no small part by the role of […]
Read MoreHarte Hanks, Inc. operates as a customer experience company in the United States and internationally. It operates through three segments: Marketing Services, Customer Care, and Fulfillment & Logistics Services. HHS $10.3600 0.1500 % 1.4700 Harte-Hanks Sector : Business Services Industry : Advertising Marketing Services Signal Short Term Trend Long Term Trend BUY UP UP Day: […]
Read MorePop Culture Group Co., Ltd (CPOP) Pop Culture Group Co., Ltd hosts entertainment events to corporate clients in China. The company hosts concerts and hip-hop related events, including stage plays, dance competitions, cultural and musical festivals, and promotional parties, as well as creates hip-hop related online programs. Gambling.com Group Limited (GAMB) Gambling.com Group Limited operates […]
Read MoreFirst Financial Corporation (THFF) First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases. SIGA Technologies, Inc. (SIGA) SIGA Technologies, Inc., a commercial-stage pharmaceutical company, focuses on the […]
Read More(Bloomberg) — JPMorgan Chase & Co. is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market. The total affected will be more than 1,000 US workers, with about half moved to different divisions within the bank, […]
Read MoreBuy Price: $9.75 or better Sell Price: TradersPro Sell Signal NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms. The stocks founds in the One Hot Stock category use stocks that […]
Read MoreOne of the classic benchmarks of the economy’s health and strength is the housing market. Stocks of retail companies like Home Depot (HD) and Lowe’s (LOW) often serve as proxies of to guide the market’s perception of the housing market. It’s also pretty common to see experts and analysts referring to homebuilders like D.R. Horton […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell said the central bank will keep raising interest rates to tame inflation following the steepest hike in almost three decades, though policy makers must be “nimble” as various shocks buffet the world’s largest economy. “We anticipate that ongoing rate increases will be appropriate,” Powell said Wednesday in his […]
Read More(Bloomberg) — Stocks in Europe fell along with US futures and commodities amid ever-louder warnings that Federal Reserve monetary tightening may lead to an economic downturn. The Stoxx Europe 600 Index retreated while contracts on the Nasdaq 100 extended declines to 2% and those on the S&P 500 also dropped, pointing to a reversal from […]
Read More(Bloomberg) — Oil sank as investors weighed escalating concerns that the US may be headed for a recession, while the Biden administration prepared to step up its fight against lofty pump prices by calling for a tax holiday on gasoline. West Texas Intermediate tumbled toward $104 a barrel, echoing last week’s retreat, with prices falling […]
Read More(Bloomberg) — Bitcoin resumed a fall on Wednesday, moving in tandem with weakening stocks amid mounting concerns about a global recession. The largest cryptocurrency declined as much as 2.9% to $20,244, holding right above the key $20,000 level. Ether fell by a maximum 3.3% to $1,084.80. Shiba Inu, the 14th-biggest cryptocurrency by market cap, rallied […]
Read More(Bloomberg) — As the first half of 2022 shapes up to be one of the worst on record for financial markets, retail investors have been boosting their bets on a further downturn in US equities. Metrics to gauge retail activity in the options markets, including small-lots trading and put buying, suggest that not only are […]
Read MoreRepublic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. RBCAA $46.4900 1.4300 % 3.1700 Republic Bancorp Inc Sector : Finance Industry : Banks – Southeast Signal Short Term Trend Long […]
Read More