Newsfeeds Archive - Page 22 of 150

2 minute read

Fed’s Key Inflation Indicator Hits 2.8%, Dashes Rate Cut Hopes; Traders On Alert

April 26, 8:36 AM

PCE inflation index rose more than expected in March, delaying rate cut expectations and causing market reactions. Fed's preferred gauge of inflation and key highlights.

GOOGL

2 minute read

Gold Glitters On Stagflation Tailwinds: Newmont Soars 13% In Biggest Gain Post-Covid, Leads Mining Sector Surge

By Piero Cingari

April 25, 2:38 PM

Newmont outperforms expectations, sparking a rally in the gold mining industry despite weak investor sentiment. Strong Q1 performance and dividend declared.

AEM

2 minute read

Stocks Drop, Tech Tumbles With Meta’s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What’s Driving Markets Thursday?

By Piero Cingari

April 25, 1:30 PM

Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase

AZN

2 minute read

Fed’s Inflation Report Looms This Friday: What Makes It So Crucial For Markets?

By Piero Cingari

April 25, 12:35 PM

Investors await release of PCE report, a key inflation metric. Concerns mount about resurgence of inflation as GDP and core PCE prices rise.

QQQ

2 minute read

Magnificent 7 Tumble, Wipe Out $300 Billion On Meta’s Weak Guidance, Q1 Stagflation Woes

By Piero Cingari

April 25, 11:35 AM

Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises.

AAPL

3 minute read

US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: ‘The Worst Possible Outcome For The Fed’

By Piero Cingari

April 25, 10:59 AM

US economy disappointed in growth, but inflation exceeded predictions, causing stagflation. Experts warn of negative impact on economy & markets.

SPY

2 minute read

US Economy Grows 1.6% In Q1, Slightly Below Expectations As Price Pressures Weigh On Spending

By Piero Cingari

April 25, 8:42 AM

The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023.

GLD

2 minute read

Tesla Posts Strongest Session Since January 2022: Is A Trend Reversal Underway?

By Piero Cingari

April 24, 4:11 PM

Tesla stock surges 12% despite falling short on Q1 earnings. Investors optimistic about future revenue, backed by upgraded rating and positive catalysts.

TSLA

2 minute read

Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What’s Driving Markets Wednesday?

By Piero Cingari

April 24, 1:40 PM

Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday.

2 minute read

Israel Gears Up For Military Strike In Rafah Despite Biden’s Warning

By Piero Cingari

April 24, 1:06 PM

Israel plans to evacuate civilians and target last Hamas stronghold in Rafah. Preparations underway, with US aid and criticism from Turkey.

EIS