Big Short Investor Burry Says 'Winter Coming'
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- Nasdaq climbs over 1% as SpaceX, Super Micro boost AI sentiment
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- Brent falls as Iran's president discusses mediation with Pakistani army chief
- Nvidia’s Huang highlights AI benefits in Berlin speech amid wider European tour
- AI bubble about to burst? Not yet, Yardeni says
- Abbott plans to spin off its nutrition unit as a standalone public company
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- Supermicro raises Q1 FY2027 revenue outlook on AI demand
- Dow outperforms as Wall Street rises, healthcare stocks lead gains
- Crude Inventory Fell 3.06 Million Barrels Last Week - EIA
JPMorgan on Dramatic Empire State Survey Drop, 'one of its weakest readings on record (back to 2001)'
August 15, 2022 9:41 AM EDTJPMorgan on Dramatic Empire State Survey Drop
Analyst Daniel Silver comments "The August Empire State manufacturing survey was disappointing and pretty downbeat in terms of its headline and several key components. The headline index dropped from 11.1 in July to -31.3 in August, hitting one of its weakest readings on record (back to 2001). And the new orders index fell to -29.6 and the shipments measure dropped to -24.1,... More
JPMorgan Says 'US indices are likely most at risk from a change in sentiment over the coming weeks', Sees 'Winter of Discontent'
August 15, 2022 6:51 AM EDTJPMorgan Says 'US indices are likely most at risk from a change in sentiment over the coming weeks'
Global Credit analyst Saul Doctor comments "Over the past few weeks it appears that many investors have thrown in the towels on shorts particularly in light of more limited August liquidity. Having traded in positive... More
Nasdaq Extends Gain, Up 1.6%, S&P 500 Up 1.3%
August 12, 2022 2:31 PM EDTNasdaq Extends Gain, Up 1.6%, S&P 500 Up 1.3%
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