Big Short Investor Burry Says 'Winter Coming'
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- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
- Emirates refusing to take delivery of first 10 Boeing 777X jets
- Intersnack to acquire Utz Brands at $14.25 per share in go-private deal
- Crude Inventory Rose 2 Million Barrels Last Week - EIA
- Wall St ends higher on chip stocks recovery; earnings in focus
- Palo Alto Networks to acquire Embrace to expand observability tools
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%
... More