It pays to go premium. That’s the clearest lesson from Delta’s strong performance this quarter, which came with the remarkable but not surprising forecast that most of its business will come from corporate and premium seats, overtaking economy fares, by 2027. Nobody needs to wait that long to figure out what is in so many […]
(Bloomberg) — Individual investors are buying stocks like never before and leaving the broader market in the dust. But at the same time, a surge in trading volume is raising fears that retail’s favorite positions are getting dangerously crowded. Citigroup Inc.’s basket of 46 stocks most favored by non-professional investors, which includes companies like SoFi […]
Monthly import volumes through major U.S container ports are expected to slip below the 2 million TEU mark through the remainder of the year, according to Global Port Tracker data report released today by the National Retail Federation and Hackett Associates. “This year’s peak season has come and gone, largely due to retailers frontloading imports […]
US stock futures were little changed Wednesday night, following a record-setting trading session. Contracts tied to the S&P 500 (ES=F), Nasdaq 100 (NQ=F) and Dow Jones Industrial Average (YM=F) edged up 0.1%. Stocks bounced back on Wednesday, with the S&P 500 (^GSPC) and Nasdaq (^IXIC) clearing new records as Wall Street’s rally regained momentum following […]
US stock futures ticked up as Wall Street eyes the release of minutes from the Federal Reserve’s September meeting. Futures attached to the Dow Jones Industrial Average (YM=F) inched up 0.1%, the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) rose 0.2%. Gold (GC=F) broke records Wednesday night as it breached the $4,000 an […]
(Bloomberg) — Spot gold prices climbed above $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. Bullion climbed as much as 0.4% to $4,001.11 an ounce on Wednesday. It’s a milestone moment for the metal that traded below $2,000 just […]
Buying a low-cost index fund will get you the average market return. But across the board there are plenty of stocks that underperform the market. Unfortunately for shareholders, while the Manulife Holdings Berhad (KLSE:MANULFE) share price is up 11% in the last three years, that falls short of the market return. Zooming in, the stock […]
Southern Co. (SO) closed at $95.49 in the latest trading session, marking a +1% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.37%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw an increase of 0.71%. Coming into today, shares of the power company had […]
US stock futures rose on Monday as the federal government shutdown entered another week, while political drama in France and Japan gripped investors and an AMD (AMD)-OpenAI (OPAI.PVT) deal lifted hopes for the AI trade. Dow Jones Industrial Average futures (YM=F) edged up 0.2%, while those on the S&P 500 (ES=F) gained 0.3%. Contracts on […]
(Bloomberg) — Volatility in Japan’s longer-dated government bonds is on the rise following Sanae Takaichi’s election win, and the moves are likely to spill over to markets as far away as the US and UK, according to Goldman Sachs Group Inc. The ascent of Takaichi risks pushing up long-end Japanese yields, strategists including Bill Zu […]
It hasn’t been the best quarter for Roper Technologies, Inc. (NASDAQ:ROP) shareholders, since the share price has fallen 13% in that time. In contrast the stock is up over the last three years. In that time, it is up 35%, which isn’t bad, but not amazing either. Now it’s worth having a look at the […]
Celebrations may be in order for CNMC Goldmine Holdings Limited (Catalist:5TP) shareholders, with the covering analyst delivering a significant upgrade to their statutory estimates for the company. The analyst greatly increased their revenue estimates, suggesting a stark improvement in business fundamentals. Investors have been pretty optimistic on CNMC Goldmine Holdings too, with the stock up […]
