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Gbp/usd holds steady around mid-1.2400s, traders seem non-committed on fed uncertainty

The GBP/USD pair edges higher during the Asian session on Thursday, albeit remains well below the weekl...

June 8, 2023, 1:14 am

Rentokil initial: a compellingly priced leader in the attractive pest control industry

Rentokil Initial operates in the attractive and expanding pest control industry, with opportunities for growth through acquisitions. The recent acquis...

June 8, 2023, 1:04 am

Crocs: the reasons for keeping our hold rating

The net profit margin has slightly improved during the last quarter, driven by the minor reduction in cost of goods sold and SG&A expenses. At the sam...

June 8, 2023, 12:25 am

Uk labour market momentum slowing - starting salaries rose at the weakest pace in >2 years

Reuters with the info via a survey of labour force recruiters in the UK. The Recruitment and Employment Confederation (REC):starting salaries for perm...

June 7, 2023, 11:14 pm

Pure storage: product innovation driving growth with profitability and market share gains

Pure Storage's FlashBlade/E product has the potential to replace spinning disc storage with its cost and performance advantages, driving significant g...

June 7, 2023, 9:27 pm

Gold tumbles to lowest since march as u.s. yields hit fresh june highs

adding that gold prices will be under pressure in this year’s H2. Net official sector purchases more than doubled last year to a record high of 1,08...

June 7, 2023, 8:14 pm

Farmer bros.: rally on $100 million asset sale to treehouse foods - hold

Farmer Bros. Co. managed to avoid possible near-term debt covenant violations by selling its Northlake, Texas, facility and direct ship business to Tr...

June 7, 2023, 8:03 pm

2 market heavyweights stealing the spotlight in june

As we head into the summer months, one thing remains undeniable: stocks have been significantly stronge...

June 7, 2023, 6:05 pm

Why metlife stock plummeted 19.2% in may

MetLife saw a significant earnings decline in Q1 and missed analysts' estimates. The company made some positive moves at the end of the month and...

June 7, 2023, 5:37 pm

Newmont: rising real yields weigh, but acquisition optimism seen

Rising Treasury yields and steady inflation expectations negatively impact gold prices and gold miners like Newmont Corporation (NEM). Newmont's recen...

June 7, 2023, 5:17 pm

British american tobacco: what is the market smoking, this is a great deal

British American Tobacco p.l.c. offers an attractive 8.6% dividend yield and trades at a low forward P/E of 7.5, making it a bargain for value investo...

June 7, 2023, 5:16 pm

Apple vision pro: high price tag and questionable stickiness

We remain sell-rated on Apple Inc. stock after the company unveiled its long-awaited mixed-reality head...

June 7, 2023, 4:06 pm

Junk bonds: stuck between a rock and a hard place

Junk bonds face significant risks from both potential economic scenarios: high inflation and rate hikes, or an earnings recession. Inflation is likely...

June 7, 2023, 4:00 pm

Gold price forecast: xau/usd to hit $2,100 by year-end – anz

Economists at ANZ Bank analyze Gold (XAU/USD) outlook. Strong labour data suggests the Fed needs to tightening monetary policy more to bring inflation...

June 7, 2023, 3:45 pm

5 investors betting big on microvision (mvis) stock

One of the more intriguing pick-and-shovel plays in the autonomous driving (AD) sector, MicroVision (NASDAQ: MVIS ) has...

June 7, 2023, 3:31 pm

Bank of canada remains proactive with 25 bp rate hike

Following a two meeting pause, the BoC resumed tightening with a 25 bp hike lifting the overnight rate to 4.75% Today’s increase is hardly shocking ...

June 7, 2023, 3:11 pm

Easyjet stock: undervalued or too high risk?

easyJet plc H1 2023 results were much in line with preliminary results shared in April. Further recovery for easyJet is expected in the...

June 7, 2023, 3:10 pm

Microsoft stock holds strong amid ai-driven boom

Microsoft Stock Holds Strong Amid AI-Driven Boom Microsoft (MSFT) closed the most recent trading day at $333.68, experiencing a slight decline of -0.6...

June 7, 2023, 2:29 pm

Full statement from the bank of canada june 2023 rate decision. hike 25 basis points

The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also ...

June 7, 2023, 2:00 pm

Bank of canada overnight rate 4.75% vs 4.50% prior

Prior was 4.50%The market was pricing a 60/40 chance of a hold ahead of the decisionThe Bank of Canada last hiked rates in JanuaryStatement highlights...

June 7, 2023, 2:00 pm


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