Foreign Stocks & Emerging Markets The greenback’s rise may hurt companies with a global footprint, but benefit those that depend on imports.A strong dollar is a thorn in the side of U.S companies with a global footprint. Revenues earned overseas translate into fewer greenbacks here when the dollar is strengthening. And U.S. products become increasingly… Continue reading Stocks: Winners and Losers from the Strong Dollar | Kiplinger
What Retail Earnings Say About the Consumer | Kiplinger
stocks The latest batch of retail earnings point to a resilient consumer in these high-inflation times, analysts say.This week’s earnings calendar is stacked with retailers – giving us a bird’s eye view of how inflation is affecting consumer spending. According to Michael Reinking, senior market strategist at the New York Stock Exchange, “results from both… Continue reading What Retail Earnings Say About the Consumer | Kiplinger
Oil prices will rebound to $125 this year as recent declines haven’t fully accounted for supply constraints, UBS says
nve’s Loading Something is loading. Brent oil will bounce back to $125 a barrel by the end of 2022, UBS said Wednesday. Brent has dropped 25% since mid-June, weighed by recession concerns and rising export volumes. But tight global oil supply will eventually push the international oil benchmark higher. Oil prices have tanked more than… Continue reading Oil prices will rebound to $125 this year as recent declines haven’t fully accounted for supply constraints, UBS says
US stocks drop with Dow snapping 5-day win streak as investors parse Fed minutes and earnings
US stocks retreated Wednesday, with the Dow Jones Industrial Average snapping its five-day win streak. Minutes from the Federal Reserve’s July meeting indicated policymakers see the pace of future rate hikes slowing. Earlier in the trading session, Target reported second-quarter earnings that missed forecasts. Loading Something is loading. US stocks retreated Wednesday, with the Dow… Continue reading US stocks drop with Dow snapping 5-day win streak as investors parse Fed minutes and earnings
US could face its own winter energy crunch as gas production and storage lag while key export hub eyes restart
Natural gas stockpiles for winter are currently more than 10% below normal levels for this point in the year. Domestic gas output has fallen by 1 billion cubic feet per day from a peak of 98.7 billion earlier in August. US gas supplies could be further drained when the Freeport LNG export hub partially reopens… Continue reading US could face its own winter energy crunch as gas production and storage lag while key export hub eyes restart
Crypto and clean-energy stocks are at the center of the latest meme stock rally sparked by Bed Bath & Beyond’s massive surge in recent weeks
Bed Bath & Beyond is “king” in this latest meme-stock rally, but clean-energy and crypt is also getting attention, Vanda Research says. Coinbase may see renewed momentum with the upcoming Ethereum blockchain upgrade. Bed Bath & Beyond shares have soared more than 380% since a rally was sparked earlier in August. Loading Something is loading.… Continue reading Crypto and clean-energy stocks are at the center of the latest meme stock rally sparked by Bed Bath & Beyond’s massive surge in recent weeks
OPEC’s new chief says the cartel can’t be blamed for high oil and gas prices, and underinvestment in the entire industry is behind the global energy crisis
OPEC’s new secretary-general said the cartel can’t be blamed for high oil and gas prices. Underinvestment in the industry broadly is to blame for surging prices. “This is the harsh reality that people have to wake up to and policymakers have to wake up to,” the cartel’s new chief said. Loading Something is loading. OPEC’s… Continue reading OPEC’s new chief says the cartel can’t be blamed for high oil and gas prices, and underinvestment in the entire industry is behind the global energy crisis
Apple iPhone SE vs. Google Pixel 6a: Which Smartphone is Right For You?
It’s the early days of Techtober 2022, and Samsung just dropped phones that cost $999 and $1,799, respectively, but it’s 2022, and budget or mid-range smartphones are having a moment. You can spend under $500 and score a terrific experience with good cameras, long battery life, and the ability to run a boatload of apps.… Continue reading Apple iPhone SE vs. Google Pixel 6a: Which Smartphone is Right For You?
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