Windows in order: Microsoft (MSFT) rebounded 5% in extended trading on Tuesday following surprisingly upbeat guidance after a Q4 miss. On its earnings
Continue readingMonth: July 2022
The US is not yet in recession?!
The US economy shrank at an annualized pace of 0.9% in the second quarter, according to government data released yesterday. Paired with
Continue readingAre we in a recession? YES
It’s decided. GDP dropped an annualized 0.9% in April to June period. And as annualized growth in Q1 contracted 1.6%,
Continue readingInflation is changing shopping habits
This week, consumer-facing companies unloaded a dump truck’s worth of stats showing how 40-year-high inflation is affecting shoppers’ behavior. After
Continue readingWalmart is not doing so well
Retail stocks are under pressure premarket Tuesday after Walmart (WMT) laid out a dismal consumer landscape when it preannounced results
Continue readingFederal rate hikes and how it impacts your wallet
If you’ve been paying attention to the news, you certainly know that inflation is running pretty hot. To combat this,
Continue readingEarnings coming to stock market this week
This week is the most important week this summer for Wall Street. With the Fed decision and GDP on tap,
Continue readingThe next week may decide stock market for the rest of 2022
Some of the biggest names are reporting their earnings next week. The biggest week of the earnings season will keep
Continue readingTwitter revenue below expectation: who’s fault?
This is a rhetorical question. It’s Elon Musk’s fault. Twitter’s second quarter results missed analysts’ estimates, and the social media
Continue readingOops, Snap-ed!
The tech sector rallied broadly on Thursday, with the Nasdaq ending the session up 1.4%, until Snap (SNAP) sharply dented sentiment
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