Explosive Rallies in the Bond Market: A Reality Check
The recent explosive rallies in the bond market have left investors in awe. Vanguard's Extended Duration Treasury Index ETF (EDV) experienced a staggering surge of over 30% since the market…
Walgreens Reports Quarterly Loss and Cuts Dividend
Walgreens Boots unexpectedly reported another quarterly loss in its fiscal first quarter and cut its dividend to shareholders by nearly half. Here are the key details: Net Loss Walgreens posted…
E-commerce’s Record-Breaking Holiday Season in 2023
The year 2023 witnessed an unprecedented surge in e-commerce during the holiday season, according to Adobe. As price-conscious consumers sought out the best deals, online spending experienced a year-over-year increase…
LOBO EV Technologies Reduces Expected Size for Initial Public Offering
LOBO EV Technologies, a Chinese company specializing in electric vehicles, has announced a reduction in the expected size of its initial public offering (IPO). The company plans to offer 1.38…
Microsoft Nears Reclaiming Title of Most Valuable U.S. Company
Microsoft Corp. is on the verge of surpassing Apple Inc. to become the most valuable company in the United States once again. Currently valued at $2.73 trillion, Microsoft is just…
Exxon Mobil Reports Impairment Charge in Fourth Quarter
Exxon Mobil, the largest oil company in the United States, announced that it will be taking an impairment charge in the fourth quarter due to issues in California. This comes…
The U.S. Dollar Shows Strong Start in 2024
The U.S. dollar is off to a strong start in 2024, bouncing back after a challenging period that left the currency oversold at the end of last year, as per…
The Rebirth of 1970s SUVs
The resurgence of the 1970s is one of the most prominent trends of the 2020s. Notably, Lynda Carter has once again become an icon. Last November, America mourned the loss…
Boeing 737 MAX Emergency Door Incident: Stock Prices Drop, Investors Concerned
A recent incident involving a Boeing 737 MAX-9 operated by Alaska Air Group has caused quite a stir in the aviation world. During a flight, an "emergency door plug" became…
Bank of America Takes $1.6 Billion Charge for Libor Transition
Bank of America Corp. has announced that it will take a noncash pretax charge of approximately $1.6 billion in its fourth-quarter report. This charge is related to the global transition…
Nvidia Corp. Enters Record Territory and Announces Expanded Partnerships
Shares of Nvidia Corp. (NVDA) are continuing to rally, reaching record territory for the first time in nearly two months. This surge comes after the semiconductor and artificial-intelligence company announced…
Uncovering Potential Bargains in the Stock Market
Investors are facing a challenging task of identifying cheap stocks in the constantly rising S&P 500. As the index surges to new heights, currently up 15% from its recent low…