WallSt Focus
Total 740 Posts
Roaring Kitty's Next Move: Is Chewy the Next GameStop?
The infamous online investor known as "Roaring Kitty" (Keith Gill) has once again sent shockwaves through the retail investor community. A recent SEC filing revealed a 6.6% stake in Chewy (CHWY), the online pet retailer.
Stock Market Today: Stock Market Starts July Cautiously, Eyes on Key Events and Movers
The stock market kicked off the new quarter with a hesitant climb on July 1st, reflecting a cautious investor mood.
Cooling Inflation Data: Will the Fed Cut Rates Sooner?
The latest reading on the Fed's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed a slowdown in May, providing a glimmer of hope for consumers struggling with stubbornly high prices. This new data has reignited the debate among economists about when the Federal ...
Stock Market Today: Stocks Rise After a Bumpy Week
The stock market is closing out a bumpy week with a mixed performance, with the S&P 500 and Nasdaq edging slightly higher while the Dow Jones finished flat. This comes despite some positive economic data and the ongoing impact of the first Biden-Trump debate.
Is the US Labor Market Cooling Down? Decoding Jobless Claims Data
The recent rise in jobless claims data has sparked debate among economists around the health of the US labor market. While some see it as a sign of normalization following a period of red-hot job growth, others worry it could be a sign of a slowdown...
Consumer Confidence Dips in June, But Labor Market Strength Offers Hope
A recent survey by the Conference Board shows a mixed bag of US consumer sentiment. While consumer confidence dipped slightly in June, there are still some hopeful signs, particularly in how consumers view the current labor market.
A New Era in Electric Vehicles: Rivian and Volkswagen
Rivian, the electric vehicle (EV) startup, recently announced an exciting new joint venture with established automaker Volkswagen (VW). This news brings exciting possibilities for the EV maker and is raising questions about the future of the EV landscape.