Stocks News
- James Hyerczyk
BLS revises December CPI to 0.2%, November to 0.2%, showing persistent inflation; December’s core CPI steady at 0.3%.
- James Hyerczyk
Friday’s CPI revisions could significantly shape the Fed’s inflation management plans, impacting future rate decisions.
- James Hyerczyk
Unemployment claims fall, insured rate drops to 1.2%, but rising moving averages reveal labor market complexity, impacting investor sentiment.
- James Hyerczyk
Disney’s fiscal first-quarter earnings outshine forecasts, with an aggressive cost-reduction plan contributing to a 20% EPS growth expectation.
- James Hyerczyk
McDonald’s (MCD) surpasses EPS forecasts in Q4, despite falling short in global revenue projections due to Middle Eastern conflicts.
- James Hyerczyk
January’s economy adds 353,000 jobs, unemployment steady at 3.7%, with a 0.6% hike in average hourly earnings showcasing resilience.
- James Hyerczyk
Apple’s Q1 sees revenue and EPS exceed estimates, iPhone sales rise, and growth despite global pressures and China challenges.
- James Hyerczyk
According to ADP, January’s private sector added only 107,000 jobs with a modest 5.2% wage increase for job-stayers.
- James Hyerczyk
Microsoft’s Q2 earnings hit $2.93/share, beating $2.78 estimates with Azure’s 30% revenue surge, showcasing its cloud sector dominance.
- James Hyerczyk
FOMC’s upcoming meeting may maintain rates, reflecting the Fed’s focus on balancing inflation control with economic growth and cautious policy.
- Bob Mason
Grayscale Bitcoin Trust (BTC) outflows slowed on Wednesday and Thursday, supporting a BTC return to $42,000 and cryptos amidst US lawmaker scrutiny.
- James Hyerczyk
December’s 0.3% income rise, 0.7% spending surge, and stable 0.2% Core PCE rise signal robust economic growth and confidence.
- James Hyerczyk
Intel (INTC) tops forecasts but Q1 2024 outlook and seven-quarter revenue rebound face AI and manufacturing challenges, testing investor confidence.
- James Hyerczyk
Q4 2023 GDP surpasses estimates, expanding at 3.3%, exceeding the projected 2.0%.
- James Hyerczyk
Germany’s service sector declines with PMI at 47.6 amid costs and tensions, while manufacturing slowly recovers, PMI at 45.4 despite pressures.
- James Hyerczyk
Netflix (NFLX) shares jump after hours, revenue hits $8.83B, surpassing estimates despite a slight miss in EPS, showcasing market strength.
- Bob Mason
BTC and the broader crypto market were in negative territory this week. Profit-taking and easing bets on a March Fed rate hike likely contributed.
- James Hyerczyk
While housing starts declined, building permits surprised analysts by rising in December, indicating underlying strength in the housing sector.
- James Hyerczyk
NY State business activity plunges to -43.7, lowest since May 2020. New orders, shipments down; employment, workweek dip; input prices rise.
- James Hyerczyk
Davos 2024 tackles trust, crypto mainstreaming, and uncertain global forecasts, urging sustainable growth strategies.