Earnings Season: Shift in Focus from Banks to Tech Giants
Introduction With the conclusion of Alcoa's (AA) earnings release, it's time for the spotlight to shift from banks to the tech giants as they gear up to announce their third-quarter…
Luxury Sector Faces Slower Sales Growth
By Andrea Figueras The luxury sector is expected to report slower sales growth when companies give quarterly updates in the coming weeks. The industry is grappling with a weaker-than-expected recovery…
Restaurant Stocks: Will the Momentum Last?
Restaurant stocks have been performing exceptionally well this year, driven by the strong demand for in-person dining experiences. The AdvisorShares Restaurant ETF (ticker: EATZ) has surged 24% year-to-date, outperforming the…
Treasury Yields Rise After Slowing Inflation
Treasury yields were on the rise on Friday following a day of significant drops as signs of slowing inflation emerged. Yield Movement The yield on the 2-year Treasury TMUBMUSD02Y, 4.636%…
Goldman to take Full Ownership of China Securities Joint Venture
Goldman Sachs has signed an agreement to buy out its China joint venture partner, making it the most advanced foreign bank to take full ownership of mainland securities business, reports…
US earnings season begins next week. Sectors to watch. Opinion
What to expect from the US corporate financial reporting season next week. The first, according to tradition, are the largest banks; behind them - all the rest. True, some companies…