Markets

Europe has no viable alternative to Russian energy, warned President Putin. “A reasonable replacement for Europe simply does not exist,” Putin said Thursday in a televised statement.  While Russian oil has rebounded, it has had to travel further to find new markets and buyers.  Loading Something is loading. Russian President Vladimir Putin said Europe doesn’t… Continue reading Putin says Europe has no energy alternatives to Russian gas, and weaning off will have severe consequences for the economy

, /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2022 first quarter operational and financial results after market close on Wednesday, May 4, 2022. A conference call to discuss the results has been scheduled on Thursday, May 5, 2022 at 9:00 am EDT. The telephone number to access the conference… Continue reading CHESAPEAKE ENERGY CORPORATION PROVIDES 2022 FIRST QUARTER EARNINGS CONFERENCE CALL INFORMATION

US stocks fell on Thursday as interest rates resumed their uptrend and jobless claims jumped.The 10-Year US Treasury yield rose to 2.83% after Fed President John Williams said a 50 basis point rate hike in May would be reasonable.Meanwhile, bank earnings from Goldman Sachs, Morgan Stanley, and Citigroup beat estimates. Loading Something is loading. US… Continue reading US stocks fall as key bond yields resume upward trend after Fed comments

Billionaire investor Mark Cuban on Thursday offered his take on Elon Musk’s $43 billion takeover bid for Twitter.  He said every major tech company is talking with lawyers to talk about putting in a bid.  “My conclusion, @elonmusk is fucking with the SEC,” Cuban wrote in follow-up tweet.  Loading Something is loading. Billionaire investor Mark… Continue reading Mark Cuban says ‘every major tech company’ is calling their lawyers about buying Twitter after Elon Musk’s hostile bid

The three biggest consumer staples ETFs reached record highs Thursday following March retail sales data.  The largest of the group is the Consumer Staples Select Sector SPDR Fund, with around $16 billion in assets.  March retail sales rose 0.5% with a big increase in spending at gas stations.  Loading Something is loading. The three largest… Continue reading The largest consumer staples ETFs hit all-time highs as data shows Americans kept spending in March

, /PRNewswire/ — Impervious Technologies Inc. (impervious.ai) is excited to announce the close of their seed financing round, with participation from notable Bitcoin and privacy-focused investors including CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN-31 and others to scale the Peer-to-Peer (“P2P”) internet standard. Impervious Technologies Inc. (impervious.ai) closes seed round to scale… Continue reading Impervious.ai Raises Seed Round to Develop the Peer-to-Peer Internet Standard

US stocks climbed Wednesday to snap a losing streak as investors digested the first batch of earnings. St. Louis Fed President James Bullard said the central bank is going to have curb economic activity to combat soaring inflation. President Putin told top officials that Russia will seek new buyers for its energy exports.  Loading Something… Continue reading Dow jumps 344 points as investors digest wave of corporate earnings

Selling pressure in US stocks could ease after tax day passes on April 18, according to Fundstrat.Some investors face big tax bills after a strong 2021 in the stock market and are selling stocks to raise funds.”Our work shows that raising funds for ‘capital gains’ is worse in years when S&P 500 gains were strong,”… Continue reading Selling pressure in the stock market could ease next week as investors finish paying their taxes on big 2021 gains, Fundstrat says