Dow, S&P 500, and Nasdaq Futures Dip as S&P 500 Ends Six-Day Winning Streak
Dow, S&P 500, Nasdaq futures slide after S&P 500 breaks a six-day win streak US stock futures pulled back on Wednesday as investors weighed a flare-up in US-China tensions over chips and braced for a batch of retail earnings for insight into the economic impact of President Trump’s tariffs. Dow Jones Industrial Average futures (YM=F) […]
April Inflation Eases, Yet…
Canada’s Consumer Price Index rose 1.7% annually in April, slightly above FactSet estimates of 1.6% but down sharply from 2.3% in March—its slowest pace since September. The inflation slowdown reduces the likelihood of the Bank of Canada cutting interest rates at its June 4 meeting. The latest Statistics Canada report showed the index retreated 0.1% […]
3 Stocks That Recently Had Their Fair Value Estimates Increased
Tariff turmoil and fears of recession have rattled financial markets and put pressure on many companies. But some have thrived in this challenging environment, and Morningstar analysts have raised their fair value estimates of those names. A fair value estimate is a Morningstar analyst’s estimate of a stock’s intrinsic value, determined using a proprietary discounted […]
Markets Focus on Trade Agreements as DAX Surpasses 24,000
Markets Eye Trade Deals, DAX Breaches 24000 Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him […]
G7 Finance Leaders Assemble Amidst Focus on Ukraine and Tariff Issues
G7 finance leaders gather with Ukraine, tariff concerns at fore G7 talks often center on priorities across members and guests, like sanctions on Russia, but the impact of US tariffs cast a pall this year, analysts say (Daniel SLIM) Top finance leaders from the G7 nations gather in Canada starting Tuesday, with concerns including war […]
Applied Materials Earnings: Cutting-Edge Chip Performance
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Key Morningstar Metrics for Applied Materials What We Thought of Applied Materials’ Earnings Applied Materials’ AMAT April-quarter revenue rose 7% year over year to USD $7.1 billion, down 1% sequentially. Non-GAAP gross margin rose 170 basis points year over year […]
Novo Nordisk: CEO’s Unexpected Exit Signals…
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. Novo Nordisk CEO Lars Fruergaard Jørgensen will step down as part of an accelerated leadership transition. Former CEO Lars Rebien Sørensen (current chair of the parent company and majority shareholder, the Novo Nordisk Foundation) will join the Novo Nordisk board. […]
Gold Prices May Surpass $4,800 by 2030, According to Incrementum AG
Liechtenstein-based gold fund manager Ronald-Peter Stöferle (L) talks to TNM’s western editor, Henry Lazenby during the Mining Forum Americas last year in Colorado Springs. Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario projects an outcome […]
Moody’s Lowers U.S. Credit Rating
Moody’s downgrades U.S. credit rating U.S. Treasury yields spiked on Monday after Moody’s downgraded the U.S.’ credit rating, citing fiscal concerns. At 4:46 a.m. ET, the 30-year Treasury yield was up over 10 basis points to 5.021%. The 10-year yield also rose 10 basis points to reach 4.542%. Meanwhile, the 2-year Treasury yield was up over 2 basis points, […]
Revolutionary Breakthrough in Battery Recycling: Lab Tests Achieve 98.6% Graphite Recovery
Battery Recycling Breakthrough: 98.6% Graphite Recovery Achievement in Lab Tests Battery X Metals (BATXF) has made substantial strides in innovating lithium-ion battery recycling technology, particularly through its enhanced two-stage flotation process. Recent trials showcased remarkable improvements, including a 98.6% recovery rate for graphite, which is vital due to its predominant role as an anode material […]