Micron Technology (NASDAQ:MU) is poised to release its fiscal 2026 fourth-quarter results on Sept. 30, and Wall Street will look to the company’s numbers and guidance to gauge whether the memory market’s red-hot growth is sustainable. The good news for Micron stock investors is that there is enough evidence suggesting that the memory market’s impressive…
Although Hong Kong banks did not follow last week’s US interest-rate increase—leaving existing homeowners’ mortgage repayments unchanged—the policy move nonetheless had an immediate chilling effect on buyer sentiment. New-home sales fell by nearly 80% week on week, from 190 transactions to just 40, underscoring the market’s acute sensitivity to expectations of tighter financing conditions even…
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit seeking to hold Cash FX Group and three individuals accountable for a large-scale foreign-exchange investment scheme that the regulator says involved cryptocurrency. According to the CFTC, the case centers on allegations that the defendants raised more than $950 million from participants by promoting a…
Quick Read TSLA traded at a split-adjusted ~$20 in April 2018; by January 2021, shares hit ~$265, a 13x gain as Musk became the world’s richest person. During peak production hell, Tesla missed its 2,500-cars-per-week target badly, producing only 2,020 while Musk slept on the Fremont factory floor. Despite a 17% year-to-date decline, TSLA has…
One of the best predictors of stock market performance over the past nearly 90 years isn’t some fancy valuation metric, like the Shiller cyclically adjusted price-to-earnings (CAPE) ratio or Buffett indicator. Nor is it some complex macroeconomic forecast or interest rate model. It’s actually the midterm elections. According to research by Fidelity, the S&P 500…
At least 11 people were killed in a blast in Dera Ismail Khan city in Khyber Pakhtunkhwa province in northwestern Pakistan on Saturday, officials said. 30 others sustained injuries in the incident, which took place at a roadside police checkpoint, Reuters news agency cited Pakistan’s emergency service Rescue 1122 as saying. Videos of the incident…
TL;DR: The Dollar Index closed near 101.03 after a hawkish Fed-driven rally, but it’s now approaching genuine resistance at 101.80–102.86 rather than emerging from support—clearing that zone likely requires the 10-year Treasury yield, not the already-stretched 2-year, to extend further. The Easy Part of the Dollar Rally May Be Done The Dollar ended last week…
Johnny Fisher is not faultless. He doesn’t pretend to be. The hugely popular “Romford Bull” has lost when he expected to win. He’s struggled at times, he can turn a tune-up fight into a brawl. But he also possesses an equaliser. He is undeniably a heavy puncher and is increasingly improving on how he makes…
The midterm elections are happening in November, and investors are wondering whether a big change in government power in Washington, D.C., will have a significant impact on Wall Street. Most of the time, the answer is: probably not. Politics don’t tend to have a big impact on long-term stock market returns. Research from U.S. Bancorp in…
Volunteers prepare food at Community Servings, a Boston nonprofit that produces medically-tailored meals. Robin Lubbock/WBUR hide caption toggle caption Robin Lubbock/WBUR On a weekday morning in a quiet Boston neighborhood, a kitchen bustled with activity. Volunteers sliced chicken breasts, stuffed bell peppers, filled trays, and carefully labeled each item. It was part of an experiment…