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Realtor Group Settles Lawsuits By Slashing Commissions, Risks Mass Exodus Of Agents
Article By:
Tyler Durden
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Saturday, March 16, 2024 3:00 AM EDT
Commissions are expected to drop following the National Association of Realtors' decision to settle a lawsuit regarding its commission rules.
Zim Integrated Swings To Loss In Fiscal Q4
Article By:
Wajeeh Khan
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Wednesday, March 13, 2024 9:31 AM EDT
Zim Integrated Shipping Services Ltd. is in the red today even though it reported better-than-expected earnings for its fourth financial quarter.
In this article: ZIM
Biden Is On The Mark In Trashing Junk Fees
Article By:
Dean Baker
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Sunday, March 10, 2024 8:57 AM EDT
The Wall Street Journal is unhappy with the move by President Biden to go after “junk fees,” by setting up a task force to uncover abusive pricing. It complains that this will interfere with companies’ ability to set prices.
China Plans $27BN Big Fund To Counter US Tech War
Article By:
Tyler Durden
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Sunday, March 10, 2024 7:15 AM EDT
China is preparing to raise billions of dollars for its largest-ever semiconductor fund, aiming to fast-track the advancement of cutting-edge technologies in response to Washington's worsening trade and tech war.
Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation
Article By:
Doug Noland
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Sunday, March 10, 2024 5:47 AM EDT
Covering all you need to know about the world markets for the past week.
Unanimous Decision: TikTok Must Sell
Article By:
Shelly Palmer
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Friday, March 8, 2024 6:31 PM EDT
U.S. lawmakers voted 50-0 to force the sale of TikTok, alleging that the app’s links with the Chinese Communist Party pose significant threats to national security.
WTI Advances On US Product Draws
Article By:
ING Economics
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Thursday, March 7, 2024 4:19 AM EDT
Oil traded stronger with WTI prices moving above US$80/bbl yesterday once again as a sharp drawdown in the product inventories indicated an uptick in the US summer fuel demand. US oil inventories also reported a smaller-than-expected build.
The Road Not Taken For British Finance
Article By:
Martin Hutchinson
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Wednesday, March 6, 2024 5:03 AM EDT
Jacob, Lord Rothschild, who died this week at 87, was mourned mostly as a philanthropist, his 1980s venture with Charterhouse J. Rothschild lost in the mists of time.
Is This How Skynet Begins? Bezos, Nvidia Join OpenAI In Funding Humanoid Robotics Firm
Article By:
Tyler Durden
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Friday, February 23, 2024 9:40 PM EDT
A startup focused on developing general-purpose humanoids has attracted investments from Jeff Bezos, Nvidia Corp., and other major tech companies in its most recent funding round amid the rapidly expanding artificial intelligence bubble.
In this article: NVDA
Market Briefing For Thursday, February 15
Article By:
Gene Inger
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Thursday, February 15, 2024 3:29 AM EDT
Then S&P regrouped to rally more, with a Close nailed 5000, hourly support became resistance and we'll surmount that on Thursday 'if' there's no shock before the opening related to the Russian response to what it perceives as NATO provoking it.
Lyft Adds An Extra Zero Briefly Skyrocketing Shares
Article By:
Greg Feirman
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Wednesday, February 14, 2024 5:02 AM EDT
Lyft reported earnings after the close Tuesday and a typo in its report briefly sent shares soaring more than 60% before coming back to earth. It’s literally the funniest thing I’ve seen in my almost 20 year career in the investment business.
In this article: LYFT
Key Events This Week: CPI Revisions, ISM, And SLOOS
Article By:
Tyler Durden
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Monday, February 5, 2024 1:03 PM EDT
After last week's epic central bank/payrolls/QRA/earnings juggernaut, there's not a lot of US data this week, as is usually the case immediately post payrolls.
Japan’s December Activity Data Suggests Mild 4Q GDP Rebound
Article By:
ING Economics
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Wednesday, January 31, 2024 5:10 AM EDT
Industrial production rose but missed the market consensus while retail sales unexpectedly declined. Weaker-than-expected monthly data suggests any rebound in 4Q GDP should be modest.
French Inflation Eases More Than Expected
Article By:
ING Economics
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Wednesday, January 31, 2024 4:28 AM EDT
Inflation continues to move in the right direction in France. Although a decline was expected, the slowdown in price growth is faster than anticipated
Market Briefing For Tuesday, January 30
Article By:
Gene Inger
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Tuesday, January 30, 2024 4:02 AM EDT
Out-performance or under-performance, aspects of the market rally haven't shifted yet. Bifurcation prevails despite better Russell performance. Semiconductors are holding well.