(Bloomberg) Palantir Technologies Inc. has used $50.7 million in August to buy and stockpile gold to prepare for potential global black swan events. Palantir is also inviting customers to make…
(Office for National Statistics) The Consumer Price Index in the UK was 2.1% for the year ended July 2021, a decline from 2.4% recorded in the 12 months to June.…
(Reuters) U.S. airlines tripled passenger volumes to 66.4 million in June from the same period last year, but the numbers were 21% lower than the pre-pandemic levels. The number of…
(WSJ) “Big Short” investors led by Michael Burry and hedge funds are betting for further plunges of the ARK Innovation ETF, which is already down 6.9% this year. At the…
(NAHB) US builders’ sentiment for newly constructed single-family homes fell five points to reach a 13-month low of 75 in August. Current sales conditions index plunged five points to 81,…
(Walmart) Walmart Inc. announced a 21.4% increase in its operating income to $7.2 billion in the second quarter of 2022 from the second quarter of the last fiscal year, driven…
(Federal Reserve) US saw its industrial production rise by 0.9% in July, a further rise from 0.2% increase in June. July’s total industrial production was 6.6% above last year level,…
(Census Bureau) US retail and food services sales fell 1.1% to $617.7 billion in July from June, below the expected drop of 0.3% as Delta variant slowed activity and stimulus…
(The Home Depot) Home Depot Inc. announced an 11% increase in net earnings to $4.8 billion in the second quarter of 2021, compared to the same period last year. The…
(Global Times) China’s central bank in Shenzhen branch is targeting 11 new companies which it suspects are engaging in illegal cryptocurrency activities. The Shenzhen branch identified a domestic financial website…
(CNBC) Analysts are warning that the Taliban’s reign in Afghanistan may allow China to exploit its rare metals, which are estimated to run into trillions of dollars. Alliance Bernstein director…
(Eurostat) The euro area recorded a 2.0% quarter-over-quarter jump in the gross domestic product in the second quarter, exceeding the EU’s 1.9% in the same period. The GDP jump was…