In this morning’s ADP employment report we got the April estimate of 204K new nonfarm private employment jobs from ADP, a decrease over March’s revised 228K. The popular spin on this indicator is as a preview to the monthly jobs report from the
May 2, 2018
Spotify Technology S.A. (SPOT – Free Report) just released its first quarterly financial report as a public company, posting a loss of €1.01 and revenues of €1.14 billion. Currently, SPOT is a Zacks Rank #3 (Hold), but that could change based on today’s
With widespread volatility and uncertainty, Wall Street is struggling to find a solid footing this year. The worries include inflationary pressure, a faster-than-expected rates hike, political instability in Washington, trade tensions, technology sector turmoil and rising yields. Additionally, rounds of
We have not focused on the lithium space so far but we are getting super excited about lithium miners right now. Lithium Americas Corp, one of the leading lithium miners, flashes a buy signal for 2018. This article gives details on
CNBC’s Deirdre Bosa reports on the quarterly earnings for Square.
The Fed did what was expected with interest rates today which was nothing. Their words were carefully sifted, and after an initial push higher stocks slumped. The Dollar was interesting as it initially dumped, and then spiked higher into the
Two important positive catalysts are poised to boost solar stocks over the medium to long-term. Specifically, an upcoming China-U.S. trade deal and a tremendous Saudi investment in solar energy should greatly increase the sector’s bottom line, sparking a stock rally
The Nikkei traded nervously today ahead of the Fed and US NFP’s, but knowing it is closed the rest of the week (Golden Week holidays). Some of the exporters did manage to edge ahead but gains were very limited. The
Amid reports of a slowing ramp up in Model 3 production, and Elon Musk’s own repeated warning last quarter that manufacturing challenges during a production ramp such as this “makes it difficult to predict exactly how long it will take
