Newsfeeds Archive - Page 141 of 150

2 minute read

Weekly Jobless Claims Rise Again, Reflecting More Labor Market Weakness: What You Need To Know

April 20, 8:51 AM

The U.S. Department of Labor reported 245,000 initial jobless claims for the week ending April 15 on Thursday, showing an increase for the second week in a row and indicating further cooling in the labor market.

SPY

1 minute read

U.S. 10-Year Treasury Yields Test A Key Technical Area: Resistance And Support Levels To Watch Next

By Piero Cingari

April 19, 4:45 PM

Yields on the 10-year Treasury bonds have climbed in recent weeks, approaching a technical zone marked by significant resistance and support levels that may dictate the future trends in U.S. bond rates.

IEF

2 minute read

5 Takeaways On The Economy From The Fed’s April Beige Book

By Piero Cingari

April 19, 3:32 PM

The Federal Reserve has just released its April Beige Book, a qualitative evaluation of economic conditions in each Federal Reserve district that is published eight times a year.

SPY

2 minute read

Economic Alarm Bells Ring: New York Fed’s 12-Month Recession Probability Soars To Levels Unseen Since 1982

By Piero Cingari

April 19, 11:34 AM

The likelihood of a recession in the United States within the next year has risen to almost 58%, the highest level since August 1982, according to the New York Federal Reserve.

BIL

2 minute read

BofA Fund Manager Survey: Investors Underweight In Stocks Reaches 2009 Crisis Levels

By Piero Cingari

April 19, 10:13 AM

The risk appetite of investors remains depressed, not far from the extreme pessimism of 2022 and comparable to the levels of the 2009 Great Financial Crisis, according to the most recent Global Fund Manager Survey (FMS) conducted by Ba

HYG

2 minute read

Pinterest’s International Growth Offers Investors A Big Opportunity, The Street Sheet Says

By Piero Cingari

April 18, 4:14 PM

Pinterest Inc (NASDAQ: PINS) has recently been highlighted in The Street Sheet, a weekly newsletter covering the world of business and finance, which praised it as an appealing social media platform for marketers, with considerable potential for growth.

GOOG

2 minute read

Netflix Q1 2023 Earnings Anticipation: Analysts Foresee Subscriber Surge Post-Password Sharing Crackdown

By Piero Cingari

April 18, 2:43 PM

Dennis Dick, a CFA charterholder, professional trader and equity analyst, is bullish on Netflix Inc's (NASDAQ: NFLX) Q1 earnings, anticipating subscriptions to jump after the company announced a halt in password sharing, he said during Benzinga's

AAPL

2 minute read

SEC Chair Gary Gensler: Staff Shortages Prevent Tighter Cryptocurrency Regulations

By Piero Cingari

April 18, 12:30 PM

Securities and Exchange Commission Chairman Gary Gensler took a somewhat lenient stance toward digital assets and the broader crypto industry at a Tuesday hearing held by the House Committee on Financial Services.

BITO

2 minute read

Fed’s Bullard Hawkish Remarks Strengthen May 25bps Rate Hike, Investors Abandon July Cut Expectations

By Piero Cingari

April 18, 10:43 AM

President of the Federal Reserve Bank of St. Louis, James Bullard, delivered hawkish remarks in an exclusive interview with Reuters on Tuesday, saying that interest rates should rise to 5.5-5.75% range. Here are the main takeaways from Bullard's interview:

TLT

2 minute read

Bank of America Outshines Projections: Q1 16% Earnings Beat Fuels Share Price Rally

By Piero Cingari

April 18, 8:48 AM

Bank of America (NYSE: BAC) outperforms expectations for the first quarter financial results, delivering a 16% positive surprise in earnings per share ($0.94 vs.

BAC