(Markets Insider) Stifel strategist Barry Bannister believes that Bitcoin is late to the capitulation in risk, pointing out that the wash-out that emerges can help spot equity bottoms. Bannister says…
(Twitter) Meta is making further inroads into crypto, with five trademark applications for Meta Pay, a digital assets trading and payment platform. The trademarks were filed on May 13 and…
(EIA) The stockpiles of commercial crude oil in the US were 420.8 million barrels in the week that ended May 13, a decline of 3.4 million barrels from the previous…
(Census Bureau) The total authorized private-owned housing units stood at an annual rate of 1.819 million in April, a decline of 3.2% from March. The permits are still 3.1% higher…
(TJX) Shares of TJX Companies Inc. soared more than 8% on Wednesday after reporting an income of $587.5 million or 49 cents per share in the first quarter of 2023.…
(CNBC) The rate on the 30-year mortgage in the US slowed to 5.49% last week from 5.53% amid a decline in the number of people seeking financing to purchase a…
(Target) Shares of Target Corporation fell more than 24% in premarket on Wednesday after net earnings fell by 51.9% from the prior year to $1.009 billion. Target grew sales by…
(Lowes) Lowe’s sales in the first quarter of 2022 came at $23.7 billion, lower than sales of $24.4 billion in the comparable quarter of 2021. Comparable sales fell 4.0%. Lowe’s…
(ONS) The UK Consumer Prices Index surged by 9% in the 12 months to April 2022, accelerating from an increase of 7.0% in March. Including owner occupiers’ housing costs, inflation…
(Zycrypto) The Terra community is not excited about a proposal by co-founder Do Kwon to fork the blockchain into two. Reports indicate that ahead of the governance voting on May…
(FT) The total value of public stock holdings by Tiger Global fell by $20 billion at the end of the first quarter from the close of 2021 as the hedge…
(NAHB) The homebuilder sentiment in the US dropped by 8 points to 69 in May, its lowest level since June 2020. The builder sentiment decline happens for the fifth consecutive…