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Don't be surprised if rivian stock drives into single digits

Few are expecting Rivian Automotive (NASDAQ: RIVN ), which went public at $78 per share, and at one time traded for as...

June 2, 2023, 7:10 am

Macy's slashes guidance: buy or avoid?

Macy's cut its guidance as demand falls and seasonal inventory piles up. The retailer is still profitable, but it's hard to see...

June 2, 2023, 6:45 am

Two outliers are forecasting another 75bp of rate hikes from the rba, cash rate to 4.6%

Bloomberg (article is gated) cite two economists looking for continued aggressive cash rate hikes form the Reserve Bank of Australia. Credit Suisse eq...

June 1, 2023, 11:22 pm

: guidewire stock drops after revenue miss, weak outlook

Guidewire Software Inc. shares GWRE dropped in the extended session Thursday after the insurance-industry software provider’s revenue and outlook ca...

June 1, 2023, 10:43 pm

Icymi: bullard said rates “at the low end of what is arguably sufficiently restrictive”

St. Louis Federal Reserve branch President James Bullard wrote an essay. It was published on Thursday.The Wall Street Journal have a (gated) piece wit...

June 1, 2023, 9:06 pm

Economic calendar in asia friday, 2 june 2023. a light one, counting down to the nfp.

Nothing on the data agenda here today is likely to move forex rats too much upon release. Traders in th...

June 1, 2023, 8:17 pm

Guidewire stock drops after revenue miss, weak outlook

Guidewire Software Inc. shares GWRE dropped in the extended session Thursday after the insurance-industry software provider's revenue and outlook came...

June 1, 2023, 6:43 pm

Vermilion: the q1-23 result confirms the attractive valuation

Q1-23 was a decent quarter for Vermilion, with 82,455 boe/d in production, C$253M in fund flows, and C$98M in free cash flow. Vermilion is among the c...

June 1, 2023, 5:45 pm

Usd/jpy outlook: remains at the back foot ahead of key us labor report

Today’s ADP report showed much stronger than expected hiring in the US private sector, though positiv...

June 1, 2023, 4:59 pm

S&p index back above its 100 week moving average

With the S&P index trading near session highs at 4220.84 up 41 points or 0.98%, the index is also back above its 100-week moving average of 4198.93. T...

June 1, 2023, 4:35 pm

Too much debt coming due and not much cash on hand: these 10 companies face a rough year ahead

Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it's advising investors to avoi...

June 1, 2023, 3:29 pm

Why the us dollar is falling today

The US dollar is at the lows of the day in broad selling that's helping to lift risk assets.Some of the help has come from softer pricing data in the ...

June 1, 2023, 3:25 pm

Opec+ unlikely to cut further. eia weekly oil inventories up next

EIA weekly US oil inventories are due out at the top of the hour. They follow natural gas inventories (which were bearish) because of the US holiday o...

June 1, 2023, 2:48 pm

Ai stock alert: the real reason c3.ai is down today

As one would expect, shares of C3.ai (NYSE: AI ) have been incredibly volatile today. While AI stock is down “just” 13.5% on Thursday, shares were...

June 1, 2023, 2:17 pm

Microsoft inks deal for a.i. computing power with nvidia-backed coreweave that could be worth billions

Microsoft is seeing so much demand for its cloud infrastructure for artificial intelligence workloads t...

June 1, 2023, 1:46 pm

Hot penny stocks to watch after ucar stock explodes

If there's one thing we know now it's that catalysts play a significant role in trading penny stocks. This is where things like sympathy sentiment can...

June 1, 2023, 1:07 pm

Usd moves higher after better adp. jobless claims up next

The USD has moved higher on the back of the better ADP data. The gain of 278K was much higher than the ...

June 1, 2023, 12:26 pm

Colgate-palmolive: stagnation and debt-fueled dividends

CL's business has suffered from supply chain issues, with margins contracting across the board, but evidence suggests this is slowing. Our view is tha...

June 1, 2023, 12:25 pm

Amd: it is getting harder and harder to compete

Advanced Micro Devices, Inc.'s revenue in the datacenter segment is growing much more modestly than Nvi...

June 1, 2023, 12:18 pm

What could an nfp surprise do to the markets?

So far this year, analysts have overestimated NFP results pretty much every time. If that were to happe...

June 1, 2023, 12:11 pm


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