Newsfeeds Archive - Page 142 of 150

2 minute read

Fed Rate Hike Carnage Kills 62 ETFs Worth $7 Trillion In 2023: High Quality, Low Vol And Bond ETFs Won

April 17, 4:32 PM

Sixty-two exchange-traded funds (ETFs) with a total AUM of approximately $7 trillion have ceased activity thus far in 2023, amidst increased market volatility and uncertainty regarding Fed rate hikes, Bloomberg reported on Monday, April 17.

BLK

2 minute read

Dollar Recovers, Fed Rate Hike Bets And Treasury Yields Rise As New York Manufacturing Activity Sharply Improves in April

By Piero Cingari

April 17, 12:07 PM

The U.S. dollar and Treasury bond yields are rebounding aggressively on Monday (April 17), as investors fear that a lack of recessionary threats will force the Federal Reserve to keep monetary conditions tight for an extended period of time.

TLT

2 minute read

Europe’s AI Standoff: Unprecedented Legislation Sparks A Battle For Transparency And Control

By Piero Cingari

April 17, 11:23 AM

The European Parliament is drafting stringent new regulations over the use of artificial intelligence, a group of senior EU legislators said in an open letter they plan to publish on Monday.

GOOGL

2 minute read

Sigma Lithium Begins Eco-Friendly Lithium Production: Are Short Sellers About To Be Squeezed?

By Piero Cingari

April 17, 9:59 AM

Sigma Lithium Resources Corp. (NASDAQ: SGML) announced Monday that it successfully transitioned from developer to producer of Battery Gra

SGML

2 minute read

Charles Schwab’s Q1 Earnings Preview: Analysts Slashed EPS Ahead of The Release, All Eyes On Deposit Outflows Post Banking Crisis

By Piero Cingari

April 14, 4:10 PM

Charles Schwab Corp. (NYSE: SCHW), the biggest publicly listed broker in the U.S., will disclose its first-quarter financial results on Monday, April 17, before the opening of the U.S. market.

SCHW

2 minute read

BofA Chief Strategist Calls For A 20% US Dollar Selloff, Turns Bullish On Gold And The Euro

By Piero Cingari

April 14, 12:24 PM

Michael Hartnett, chief investment strategist at Bank of America, projected the start of a bear market for the U.S. dollar, predicting a 20% loss in the U.S. dollar index (DXY).

UDN

2 minute read

Wall Street Analysts Expect Shelter Price Drops To Lower Inflation, Forcing The Fed To Stop Hiking After May

By Piero Cingari

April 14, 11:45 AM

A chorus of top Wall Street analysts expect more slowdowns in inflation in the coming months following the release of the CPI data in March, owing to substantial falls in the shelter component that accounts for roughly one-third of the basket.

SPY

2 minute read

April’s UMich Consumer Sentiment Climbs 2.4%, Inflation Fears Intensify, Sparking Hawkish Market Reaction

By Piero Cingari

April 14, 10:41 AM

The University of Michigan consumer sentiment index experienced a 2.4% increase in April, rising to 63.5 from a downwardly revised 62 in March, and surpassing predictions of 62. Highlights From U-M Report:

SPY

3 minute read

Major Bank Profits Surge More Than Expected In Q1, Drawing Customer Deposits From Smaller Players

By Piero Cingari

April 14, 9:18 AM

Major U.S. financial institutions JP Morgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), BlackRock, Inc. (NYSE:

BLK

2 minute read

Deutsche Bank Downgrades First Solar Amid Expensive Valuations, Says ‘Time For Investors To Seek Elsewhere For Greater Risk/Reward’

By Piero Cingari

April 13, 5:05 PM

Deutsche Bank analyst Corinne Blanchard downgraded First Solar Inc (NASDAQ: FSLR) from Buy to Hold and improved the price target from $190 to $230 on Thursday.

ENPH