Retail sales jumped a massive 9.8% last month as consumers went back to bars, restaurants, and physical retail locations in droves, while weekly jobless claims fell to 576,000, the lowest number since the pandemic began last year.
Kategorie-Archiv: Nasdaq News
Oil Prices Near One-Month Highs Driven by Positive Demand Forecasts From IEA, OPEC
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Alcoa (AA) 1st Quarter Earnings: What to Expect
The aluminum giant s set to report first quarter fiscal 2021 earnings results after the closing bell Thursday.
Daily Markets: Stocks Get a Boost From Stronger-Than-Expected Bank Earnings
The main focus for investors today will be on the barrage of bank earnings reports today, which so far have been much stronger than expected, as well as the slew of economic data releases, including retail sales, which will likely garner the most attention.
How to Build Truly Decentralized Oracles, and Why We Need Them
When most people think of blockchain technology, they equate it with Bitcoin. But a few years ago, with the advent of Ethereum and smart contracts came the ability to program the blockchain to perform actions far more complex and potentially far more beneficial
Weekly Preview: Earnings to Watch This Week (AA, PEP, JPM, WFC)
The first quarter earnings season kicks off this coming week. With stocks trading at all-time highs, it’s safe to say the tenor for risk assets is extremely optimistic. And it’s not hard to understand why.
Solving the Challenges of Private Blockchain Transactions
Transaction privacy is a problem that’s existed for almost as long as Bitcoin has been around, despite many wrong assumptions in the early days that blockchain offered anonymity
Investors, Take Notice: The Fintech Bonanza Is Here To Stay
Plaid, an infrastructure provider that helps other financial services apps connect to consumer bank accounts, is something of a bellwether for the fintech industry at large. But one needn’t break down Plaid’s growth to see the industry is on a tear.
The Rise of the Digital Wallet and Stocks to Watch
Against the backdrop of rising mobile payment activity comes the rise of the digital wallet
Earnings Season Preview: Watch for Guidance, Not Results
Next week will see the start of earnings season, the quarterly rush of financial reports from public companies. As we get close, I will make one prediction: I predict that the majority of S&P 500 companies that report will beat analysts’ estimates for EPS.