Key Points On Holdings had a solid quarter marred only by FX headwinds that cut into the top and bottom…
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Will Meta’s Pullback Offer Buy Point After AI-Driven Surge?
Key Points Meta’s pivot to AI, away from the Metaverse, has resulted in triple-digit 2023 price growth. After a long…
Continue ReadingIs Now the Time to Place Your Bets on MGM Resorts?
Key Points Casino operator MGM Resorts posted a record for consolidated revenues in Q2 2023. Las Vegas continues to show…
Continue ReadingSearches For ‘Delete Snapchat’ Explode 1,019%
Searches for ‘delete Snapchat’ explode 1,019% as controversial ‘My AI’ feature terrifies users after posting stories and ignoring messages Online…
Continue ReadingStocks Versus Bonds
The bond market is causing the stock market to rumble. Both 10 and 30-year treasuries are at the highest interest…
Continue ReadingWhat Does Equal-Weight S&P 500 Tell Us About Market Strength?
In this episode of StockCharts TV‘s The Final Bar, Jessica Inskip of OptionsPlay breaks down her weekly charts of the Nasdaq 100,…
Continue ReadingSizable Selloff: Fed Minutes Crushes Stock Market, Yields Rise
Better-than-expected earnings from Target (ticker symbol: TGT) and TJX Cos (ticker symbol: TJX), as well as better-than-expected US industrial output,…
Continue ReadingAdmiral: Prices Hiked 20% In UK Motor Insurance As The Battle With Cost Inflation Lingers On
Profit before tax up 4% to £233.9m Group turnover up 21% to £2.24bn Customers up 4% to 9.41m Interim dividend…
Continue ReadingProfessional Investors Focus On Life Settlements As Alternative Assets Sector Grows
Nearly two out of five expect dramatic growth as pension funds and wealth managers start to invest in the sector,…
Continue ReadingFOMC Minutes: Staff No Longer Predicts Recession; “Upside Risks to Inflation”
From the Fed: Minutes of the Federal Open Market Committee, July 25-26, 2023. Excerpt: The economic forecast prepared by the…
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