Awaiting Q1 GDP Results: Can US Economy Fend Off Recession Fears?
On Thursday, the U.S. Bureau of Economic Analysis will announce its preliminary estimates of the first-quarter gross domestic product.
First Republic Bank Stock In Freefall With $100B In Deposits Withdrawn, Asset Sales Looming
First Republic Bank (NYSE: FRC) shares saw carnage in Tuesday's session, plummeting 49.37% after the company reported quarterly results.
US Housing Market Shows Signs Of Bottoming Out As Home Prices Defy Expectations In February
Extremely high interest and mortgage rates have hurt the housing market in the United States over the past year, discouraging new homebuyers from entering the market, but new data indicates home prices have start
End Of Banking Turmoil: Major Central Banks Retract Emergency Dollar Swap Operations
In the clearest hint yet that last month's financial market volatility is mostly over, the world's top central banks have decided to reduce the frequency of their dollar liquidity operations with the U.S.
Used Car Prices Continue to Ease — But Are Still 50% Higher Since COVID-19
After skyrocketing since the outbreak of COVID-19, used car prices have finally started to ease, raising early hopes that a bubble is starting to wane.
5 Most Shorted US Large Cap Stocks In April 2023: 2 Of Them Are Up More Than 50% This Year
The five most heavily shorted large-cap companies on Wall Street at the end of April 2023 include an online pet food retailer, a web-based broadcaster, a health tech provider for seniors, a cryptocurrency exchange, and an electric carmaker. And no, the latter is not Tesla.
Vultures Circling: These 2 Retailers Set To Gain Most From Bed Bath & Beyond Bankruptcy, BofA Says
After months of flirting with bankruptcy, Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced on Sunday morning that it has filed for Chapter 11 protection.
Falling Inflation A Deceptive Harbinger Of Doom; Analyst Warns Earnings Expectations Are Too High
Morgan Stanley's chief U.S. equity strategist and chief investment officer Mike Wilson said that U.S. equities are likely to witness a short-term blow given the risks of further Federal Reserve rate hikes and declining corporate earnings.
The Next Big Short: Hedge Funds Place Record Bearish Bets On US 10-Year Treasuries
Hedge funds went "all-in" against U.S. Treasuries as they placed their largest-ever short bet on the 10-year Note benchmark.
Microsoft Q3 Earnings Preview: All Eyes Are On AI-Driven Growth
Microsoft Corp. (NASDAQ: MSFT) will announce fiscal year 2023 third-quarter financial results on Tuesday, April 25, after market close. Here are five things to know ahead of the report: