Windows in order: Microsoft (MSFT) rebounded 5% in extended trading on Tuesday following surprisingly upbeat guidance after a Q4 miss. On its earnings
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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 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
Continue readingA surging dollar: who wins and who loses?
The US dollar is giving off Main Character Energy. The world’s most important currency, accounting for $6 trillion in daily
Continue readingPossible outcomes of Twitter Elon fight
Last week, Elon Musk filed to terminate his $44 billion acquisition of Twitter (TWTR), and Twitter sued Musk in response earlier this week to
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