Traders are gearing up for a highly volatile earnings season, with major banks reporting soon Traders Prepare for Unprecedented Reactions on S&P Earnings Day New York: Traders are getting ready for what could be one of the wildest earnings seasons ever. With big banks about to report, there’s a lot of anticipation in the air.…
Billionaire Bill Ackman endorses Whitney Tilson in the NYC mayoral primary, aiming to reshape the city’s leadership. Ackman Supports Tilson in NYC Mayoral Race Against Eric Adams New York City: Billionaire Bill Ackman is throwing his weight behind Whitney Tilson in the Democratic primary for mayor. He made the announcement on social media, calling Tilson…
A recent survey shows U.S. consumers have mixed feelings about inflation and debt payments as worries grow about financial stability New York Fed Survey Reveals Mixed Inflation Expectations for December New York: So, the New York Fed just dropped a survey that’s got everyone talking. It shows that folks are feeling a bit uncertain about…
The Supreme Court has rejected Binance’s appeal to avoid a lawsuit from investors over unregistered token sales US Supreme Court Denies Binance’s Request to Dismiss Crypto Lawsuit New York: So, the U.S. Supreme Court just said no to Binance and its founder, Changpeng Zhao. They wanted to dodge a lawsuit from investors who claim the…
Goldman Sachs has promoted key executives to enhance its financing capabilities through a newly formed capital solutions group Goldman Sachs Elevates Executives to Lead New Combined Financing Team New York: Goldman Sachs is making some big moves. They just promoted a bunch of key executives and merged teams in their banking and markets division. This…
Bitcoin has dropped to its lowest level since November as investors sell off riskier assets. Bitcoin Hits Lowest Point Since November Amid Risky Asset Selloff New York: Bitcoin has taken a hit, falling to its lowest level in nearly two months. Investors are getting jittery and selling off riskier assets, especially after bond yields shot…
Shake Shack’s latest sales figures show that marketing and service upgrades are effectively attracting more customers Shake Shack’s Strong Sales Indicate Success of Ads and Service Improvements New York: Shake Shack Inc. is making waves with its latest sales report. They just announced that their fourth-quarter sales beat expectations, which is pretty exciting! Same-store sales…
Lululemon expects strong fourth-quarter sales, surpassing market predictions and showing resilience against competitors Lululemon Sees Strong Holiday Sales Boosting Its Market Momentum New York: Lululemon is on a roll, expecting its fourth-quarter sales to beat what everyone thought. The brand is holding its own against new competitors and a bit of a slowdown in how…
Macy’s has revised its sales outlook downward, indicating a weaker-than-expected holiday shopping season Macy’s Lowers Sales Forecast After Disappointing Holiday Season New York: Macy’s Inc. has just announced a more cautious sales outlook for the current quarter. It seems the holiday shopping season didn’t quite meet expectations. They’re now predicting net sales to be around…
Goldman Sachs highlights a shift in investor sentiment as funding spreads decline, signaling brisk equity selling in the market. Goldman Sachs Warns of Increased Equity Selling Amid Funding Spread Drop New York: So, Goldman Sachs just dropped some interesting news. They’re saying that the drop in funding spreads is a sign that institutional investors are…
