Analysts aren’t expecting a blowout quarter for HP (HPQ, $32.15), but they do believe the PC and printer maker churned out slow and steady growth in the three-month period ended July 31. HP is slated on the earnings calendar to unveil its fiscal third-quarter results after the Aug. 30 close. Analysts, on average, expect the… Continue reading Analysts Are Split on HPQ Stock Ahead of Earnings | Kiplinger
US stocks drop as bond yields rise amid investor concerns over renewed Fed hawkishness
US stocks ended lower on Monday as investors assessed the Fed’s likely policy path. Fed chair Jerome Powell said on Friday that the central bank’s top priority is taming inflation. Investors are less optimistic toward a Fed pivot even as inflation is showing signs of cooling. Loading Something is loading. US stocks closed lower on… Continue reading US stocks drop as bond yields rise amid investor concerns over renewed Fed hawkishness
Investors should slash exposure to stocks as the Fed’s balance sheet wind down is about to ramp up alongside further interest rate hikes
The Fed will ramp-up the wind-down of its balance sheet starting in September by $95 billion a month. Investors should consider reducing risk as the wind-down accelerates while interest rates climb, says investment firm Glenmede. The further balance-sheet reduction adds a ‘hard-to-measure’ impact to the stock market. Loading Something is loading. Investors have been focusing… Continue reading Investors should slash exposure to stocks as the Fed’s balance sheet wind down is about to ramp up alongside further interest rate hikes
Digital World Acquisition Corp. extends 4-day decline to 18% as Trump defends Truth Social’s performance and vote looms to delay IPO
Digital World Acquisition Corp. extended its four-day decline to nearly 20% as a vote looms to delay its IPO.The SPAC has agreed to merge with former President Donald Trump’s social media company.Trump defended the recent business performance of Truth Social, saying its business boomed after his Mar-A-Lago home was raided by the FBI. Loading Something… Continue reading Digital World Acquisition Corp. extends 4-day decline to 18% as Trump defends Truth Social’s performance and vote looms to delay IPO
Record prices, dwindling supplies, drought, and policy have sparked a perfect storm for European energy markets with ‘no end in sight’
Europe’s energy crisis is worsening and Bank of America analysts say they see “no end in sight.” Supply constraints, weather, uncertainty from Russia, and Europe’s own policies have made a perfect storm. “This will be a multi-year challenge,” a portfolio manager told Insider. Loading Something is loading. It’s not just Russia’s weaponization of energy that’s… Continue reading Record prices, dwindling supplies, drought, and policy have sparked a perfect storm for European energy markets with ‘no end in sight’
Russia’s central bank says oil production goals proposed by the nation’s finance ministry are too optimistic
Russia’s central bank said that new oil price and production goals proposed by the nation’s finance ministry are too optimistic. In a new budget, the ministry sets the price of Russia’s Urals crude at $60 a barrel and an output of 9.5 million barrels per day. “The base price of oil and oil production seem… Continue reading Russia’s central bank says oil production goals proposed by the nation’s finance ministry are too optimistic
Home Buyers Finally Get Some Good News
Soaring mortgage rates and home prices have hammered prospective homebuyers this year. But now there’s some good news. The share of homes for sale with price drops hit 21% in July, according to real estate brokerage Redfin, the highest percentage since it began tracking the data in 2012. “Sellers had to cut their prices because,… Continue reading Home Buyers Finally Get Some Good News
The Best Samsung Galaxy Z Fold 4 Cases
It’s been a few weeks since Samsung unveiled the Galaxy Z Fold 4 and the ultra-premium foldable have started arriving to folks who preordered. Be sure to check out TheStreet review of the Galaxy Z Fold 4; we’ve also been sourcing the best cases, screen protectors, and accessories that work well with Samsung’s (SSNLF) latest foldable. It… Continue reading The Best Samsung Galaxy Z Fold 4 Cases
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