Here’s What Consumer Spending Might Look Like This Summer
Here’s how consumer spending could look this summer 00:00:04.812 Speaker A We’re coming up on the official start to summer, and new data from Bank of America is signaling a potential slowdown in consumer activity. Seasonally adjusted credit and debit card spending per household declined by 0.7% in May from the prior month. The firm […]
Brazil’s Oil and Gas M&A Activity Slows in Q1 2025
Brazil’s oil & gas M&As dry up in 1Q25 M&A’s in Brazil’s oil and gas sector declined in the first quarter of 2025, according to KPMG. There was only one transaction during the period, compared with four in the first three months of the previous year. The deal was the sale by Prumo Logística of […]
Nintendo Switch 2 Sales Surge, Yet Tariff Challenges Remain
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Key Morningstar Metrics for Nintendo Fair Value Estimate: JPY 12,000Morningstar Rating: ★★★Morningstar Economic Moat Rating: WideMorningstar Uncertainty Rating: Medium Nintendo Stock Update Why it matters: Nintendo 7974 sold more than 20% of its 15 million console shipments target for fiscal […]
This High-Yield Stock: A Great Buy, Currently Undervalued by 36%
Scotts Miracle-Gro SMG isn’t for the faint of heart. This small-cap stock is trading 75% below its all-time high. The company’s balance sheet is marred by high leverage, and management’s near-term focus has hurt long-term results. Yet we think this stock is a buy today for a few reasons. For starters, this narrow-moat company should […]
Positive Updates on U.S. Trade and Inflation Fail to Boost Markets
Good news on U.S. trade and inflation not lifting markets A cargo ship at Qingdao Port in Shandong Province, China, on June 9, 2025. Cfoto | Future Publishing | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ […]
Apple: Sleek Redesign and Enhanced Generative AI Features
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Key Morningstar Metrics for Apple Apple Stock Update Apple AAPL unveiled updates to all of its major operating systems at its Worldwide Developers’ Conference, or WWDC, keynote. Highlighted by iOS 26 (reflecting a release date ahead of calendar 2026), updates […]
The Deficit Poses the Largest Threat to US Bonds
It’s an unusually eventful time for the bond market. Prices have been roiled by the United States’ trade war against the world, Moody’s downgrading the country’s credit rating, and a tax bill that stands to add trillions to the federal budget deficit. These concerns aren’t misplaced, and the growing deficit is unsustainable, posing a greater […]
Elon Musk’s Political Blind Spots, Chapter 376
Elon Musk’s Political Naivete, Part 376 Last week, I unloaded a little bit on Elon Musk’s political ignorance, which has stood out as he has gotten into a big fight with Donald Trump and other Republicans over the budget bill. I thought I’d leave it at that, but I’ve now run across a quote from […]
Trump’s Second Term Creates ‘Limbo Moment’ for U.S. Battery Recyclers
Trump’s second term is creating ‘a limbo moment’ for US battery recyclers In a recycling facility located in Covington, Georgia, workers are transforming discarded batteries into a fine black powder known as “black mass.” Historically, this product was dispatched overseas for refining into valuable metals like cobalt and nickel. However, Ascend Elements, the Massachusetts-based owner […]
US Stock Futures Remain Steady as US-China Trade Talks Continue
US stock futures little changed amid US-China trade talks How fentanyl reaches the US and the role of Trump’s China tariffs US President Donald Trump has imposed new tariffs on Chinese goods, citing Beijing’s failure to stop the export of chemicals used to produce fentanyl. unbranded – Newsworthy U.S. stock futures are little changed as […]