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Global coffee chain operator Starbucks (NASDAQ:SBUX) is under pressure after staging a powerful rebound this summer from the pandemic-induced weakness.Its stock, after surging to a record high in...
DXY was roughly flat last night though all over the place in the process: Australian dollar likewise though rising risk-off is obvious in the yen cross:Oil lol:Base metals softened:Big miners...
Fed Chair Jerome Powell testified before Congress on Tuesday and among other things said inflation is a bigger problem than the central bank had admitted until now. He added that it's now appropriate...
Investors in ride-hailing heavyweight Uber Technologies (NYSE:UBER) have not had a good 2021. UBER stock, which trades around $38, is down 25% year-to-date. Shares saw a 52-week low on Nov. 20. The...
Investors were optimistic when November trading opened. October had just produced the best monthly returns in a year.Interest rates were still low, even if the Federal Reserve was starting to warn...
2021 has been a blockbuster year for initial public offerings, with some comparing the latest frenzy to the IPO boom of 1999.While high profile names like Robinhood Markets (NASDAQ:HOOD), and Coinbase...
To most gold bulls, what Jerome Powell suggested would be the last thing they’d have expected from the Fed chair: A faster taper of the pandemic-era stimulus that the central bank has...
When large companies reveal plans to break up into multiple businesses, Wall Street generally considers it a positive move. These splits typically help executives concentrate on the core business...