The July Federal Open Market Committee (FOMC) meeting is key in setting the Federal Reserve's policy direction for the rest of the year, with markets anticipating up to two interest rate hikes due to ongoing inflation pressures, especially from fluctuating energy prices. June's inflation figures likely understate July's inflation as oil and gasoline prices have surged again. Indicators like rising real yields, a stronger dollar, and a flatter Treasury yield curve suggest tightening financial conditions ahead of Fed decisions. While the meeting may not bring immediate policy changes, it will influence market expectations of the Fed's future actions.
Warner Bros. Discovery's stock fell 4% following a court decision to pause the $110 billion merger deal between Paramount and Skydance. The judge's intervention raises uncertainty about the future of this major entertainment industry consolidation. I...
AT&T's baby bonds currently offer a 6.7% yield and trade at a 20% discount to par value due to elevated interest rates. The company reported solid Q2 results with $31.6 billion in revenue and $5.04 billion in net profit, ensuring strong coverage for ...
Michael Saylor shared a bitcoin acquisition chart for Strategy Inc., which holds 843,775 BTC worth about $54.36 billion and maintains a $3.225 billion cash reserve. The company recently raised $263.5 million by selling stock but did not buy more bitc...
Arthur Hayes, co-founder of BitMEX, purchased 1,290 ETH worth about $2.5 million, adding to growing interest in Ethereum as it consolidates below the critical $1,900 resistance level. Analysts are watching closely to see if ETH can break above $1,900...
Betterware received a reiterated 'Buy' rating with a two-year price target of $24.70–$25.60, implying about 48% upside plus a 7% dividend yield. The integration of Tupperware has significantly improved the company's earnings, increasing pro forma EPS...
