Global equity markets snapped a two-month positive streak, falling in May (MSCI World -0.9% MoM) as the prospect of a US government default, forecasts for weakening economic activity in...
The chart has made a really nice series of higher lows from the early part of March. It exceeded recently the February highs – a lot of sellers came in here at that time.
Market scorecard US markets were mostly higher yesterday. The Nasdaq 100 added 0.4% to extend this year's surge to 31%. Nvidia (NASDAQ:NVDA) traded high enough to give the company a $1...
South Africa Market Review South African markets closed in the red yesterday, led by losses in food producers, retail and banking sector stocks. Food company, Tiger Brands (JO:TBSJ) plunged...
Market scorecard US equity futures contracts are flat in early trade as trading resumes today. The debt-ceiling agreement is still in focus because there's still work to be done to push the...
FAANG stocks [Meta Platforms (NASDAQ:META), previously called Facebook, Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), and Google’s parent company Alphabet (NASDAQ:GOOGL,...
Nvidia reports results on May 24, and for the year, it expects profits and sales to be better than the previous year. It is estimated that some 30,000 Nvidia chips will be required to...
Market scorecard On Friday, US markets started the day higher but turned negative after Congressional negotiators said they had made little progress in the debt-ceiling talks. However, all...
Movie stocks have performed well in 2023 despite mixed consumer spending trends While ticket sales are up from a year ago, data show that nothing tops at-home Netflix-and-chill We...
Market scorecardUS markets advanced yesterday after the House Speaker said the debt-ceiling deal is going to a vote as soon as next week. The S&P 500 closed at its highest level in nine...
Market scorecardUS markets moved upwards yesterday as traders bet on a breakthrough in the US debt-ceiling talks. President Joe Biden expressed confidence that there will be no US default,...
Netflix Race-Swapped Cleopatra Show Receives Lowest Rating In Rotten Tomatoes History Has the race-swapping fad within Hollywood finally hit a brick wall? Are they going to try to depict...
It's tough to escape the gravitational pull of the streaming slump, with Paramount and Netflix shares continuing to feel the pressure of the ever-crowded industry. Undoubtedly, streaming...
Market scorecardUS markets ripped higher on Friday on the back of an upbeat jobs number. The US added 253 000 jobs in April, well above the 180 000 that economists had forecast. The...
Market scorecardUS markets powered higher yesterday, on the back of a slew of strong corporate earnings reports. Meta Platforms (NASDAQ:META) deserves a special mention, rising by 14% after...
S&P 500 EPS growth for Q1 2023 is set to come in at -6.2%, the lowest rate in nearly 3 years Softening employment is both good and bad for bottom-lines The LERI shows corporate...
Market ScorecardUS markets went sideways again yesterday, after digesting a heavy diet of corporate earnings. Fair enough, we all know that feeling. So far, 9% of companies in the S&P...
The local bourse closed down by over 0.60% on Wednesday after inflation surprised to the upside and local retail sales fell for a third consecutive month. Locally, “concerns about...
10-bagger stocks are hard to spot. Over the past years, there have been several 10 and 100-baggers that are still maintaining their gains. Using InvestingPro tools, let's try and identify...
Market ScorecardUS markets rode out yesterday's batch of corporate earnings to finish near-flat. The S&P eked out a tiny gain while the Nasdaq fell by a smidgen.On the earnings front,...
Netflix stock is back in focus ahead of earnings after enduring a tumultuous 2022 The company has demonstrated consistent growth in both turnover and profits over time Earnings per diluted...
Market ScorecardUS markets ended slightly lower on Friday, but the S&P 500 climbed 0.8% last week and the tech-heavy Nasdaq eked out a 0.1% gain. Market volatility subsided as concerns...
Earnings season takes center stage this week, with numerous prominent companies reporting results. Last week, economic data reinforced that the Fed will likely implement one more rate hike...
U.S. Q1 earnings season, housing data in focus this week. Netflix stock is a buy with upbeat earnings on deck. Tesla shares set to underperform amid disappointing Q1 results. Stocks on Wall...
Q1 earnings season unofficially kicks off on Friday The S&P 500 is projected to suffer its first earnings recession since 2020 Analysts expect a -6.8% yearly profit decline and sales...
If current recession fears are limiting your trading and financial goals, you’re not alone. Given what happened in past recessions, it’s perfectly normal to entertain worries or concerns....
Market ScorecardUS markets were mixed yesterday, with the S&P 500 climbing a little and the Nasdaq off a touch. Both indices are on course to post modest gains for the month of March....
Market ScorecardUS markets went up yesterday, bouncing back from a weak session the day before. Investors seem to be more positive about the future now, with the Fed signalling the end of...
Market Scorecard The Fed raised US interest rates by 0.25% last night, and Jay Powell made some hawkish noises about fighting inflation. After initially taking the news well, markets sank in...
Market Scorecard On Friday, the S&P 500 dropped by more than 1%, dragged down by the financial sector. Despite Friday's losses, the S&P 500 and the tech-heavy Nasdaq ended the week...
South Africa Market Review South African markets closed in the red on Friday, amid contagion fears surrounding banking sector. Retailers, Cie Financiere Richemont S.A. (JO:CFRJ), Lewis...
Market ScorecardThe tech-heavy Nasdaq posted its third day of gains yesterday as big companies like Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), Meta (NASDAQ:META), and Microsoft...
South Africa Market Review South African markets closed in the red on Friday, led by losses in food producers, retail and banking sector stocks. Food companies, RFG Holdings (JO:RFGJ),...
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