After climbing the longest, steepest hill in decades, inflation finally hit a flat road. It’s about damn time. On a
Continue readingMonth: August 2022
Disney vs. Netflix
The magic has returned to Disney (DIS) as a vacationer surge back into parks led to a third-quarter earnings upside surprise.
Continue readingElon is selling Tesla stock again
Elon Musk has been on a Tesla (NASDAQ:TSLA) stock selling spree over the past year, cashing out about $32B worth
Continue readingCrypto winter continues
The “crypto winter” seen in Q2 overshadowed the quarterly results of Coinbase Global (COIN), which fell 10% during the session on Tuesday
Continue readingMeme to the moon!
All aboard! Just don’t be the last one to get off the rocketship. Traders are continuing to buy up tickets
Continue readingWill the inflation continue?
Likely so. The jobs report on Friday blew it out of the water, with nonfarm-payrolls expanding by 528,000 in July, more than
Continue readingWait it out or buy the dip?
Investor sentiment remains near multi-year lows following the worst first half of a year for markets in fifty years, but
Continue readingIs US in a recession? What you think
Things that have been weird recently: the Choco Taco, Batgirl, and any suggestion that we’re in a recession. GDP data is
Continue readingStrategic ambiguity
Well, this is indeed ambiguous. Taiwanese leader Tsai Ing-wen greeted U.S. House Speaker Nancy Pelosi at the presidential office on
Continue readingCoinbase and BlackRock
Coinbase Global (COIN) shares soared after the biggest U.S. cryptocurrency platform announced a partnership with BlackRock (BLK) to give BlackRock’s institutional clients the
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