Jul. 15, 2024 8:43 AM ETBy: Liz Kiesche, SA News Editor tunart/E+ via Getty Images The Empire State Manufacturing Index fell to -6.60 in July vs. -5.50 consensus and -6.00 in June. Business activity continued to decline modestly in New York state in July, with new orders remaining steady asContinue Reading
U.Today – The crypto market is gearing up for a potential turnaround in July, which will be fueled by several crucial factors. Here are five major indicators to watch: Federal Reserve’s potential rate cuts The Federal Reserve may cut interest rates as early as September, according to recent rumors, andContinue Reading
Jul. 11, 2024 10:32 AM ETNatural Gas Futures (NG1:COM)UNG, FCG, UNL, BOIL, KOLD, DGAZF, HNU:CA, HND:CA, HUN:CA, CABy: Arundhati Sarkar, SA News Editor Stocks for the week ended July 5, 2024, were 3,199 Bcf vs. 3,134 Bcf for the week ended June 28, 2024. Net change: +65 Bcf vs. +32 Bcf for the week ended June 28, 2024. Consensus estimate forContinue Reading
SlavkoSereda/iStock via Getty Images U.S. crude oil broke a three-session losing streak as government data showed signs of strengthening demand for refined products after the Fourth of July holiday. The holiday provided an expected increase in demand for jet fuel, with the four-week seasonal average rising to the best levelContinue Reading
Mikhail Makarov Executives from the three largest pharmacy benefit managers in the U.S., OptumRx, CVS Caremark, and Express Scripts, will testify before the House Oversight Committee on July 23, Axios reported Tuesday evening, citing the panel. Jessica Collins, a spokesperson for the Oversight Committee, confirmed that all three PBMs haveContinue Reading
hapabapa Adobe (NASDAQ:ADBE) is one of the new entrants to Mizuho’s monthly compilation of top picks. The top picks list has the highest conviction ideas identified by the bank’s US analysts. Analyst Gregg Moskowitz suggested the breadth of Adobe’s (ADBE) AI monetization is “being underappreciated” by Wall Street and itContinue Reading
Choreograph/iStock via Getty Images Traders are enjoying a mid-week break in the U.S., with stock markets – including the NYSE and NASDAQ – closed in observance of Independence Day. The bond market and U.S. commodities markets, including gold and oil futures, will also be closed on Thursday. What’s open? FuturesContinue Reading
Mizhuo picks Axsome Therapeutics (AXSM), Wave Life Sciences (WVE), Arcutis Biotherapeutics (ARQT), LivaNova (LIVN) and Humana (HUM) as July’s top picks. Mizhuo put out a list of its top stock picks for the month in every sector. According to the broker research on Axsome, “While we see >$1bn in peakContinue Reading
Monty Rakusen U.S. oil and gas major Chevron (NYSE:CVX), pipeline operator Energy Transfer (NYSE:ET), solar technology firm Nextracker (NASDAQ:NXT), and utility Edison International (NYSE:EIX), are among Mizuho Americas’ top energy picks, and preferred ‘Outperform’-rated names, a report on Wednesday showed. Mizuho has a price target of $205/share for Chevron (CVX),Continue Reading
It will come as little surprise to American consumers that the price of food has increased substantially since 2019. Inflation fueled by expansive monetary and fiscal policy, exacerbated by supply chain snarls that caused demand to outstrip supply, has driven up food prices by roughly 13.5% since 2019, making thisContinue Reading
