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June inflation data released this week came in well below expectations, with the Consumer Price Index falling a seasonally adjusted 0.4 percent for the month, the largest monthly decline in more than six years.  The annual inflation rate eased to 3.5 percent, below the 3.8 percent economists had forecast. The S&P 500 rose on the...

Second quarter bank earnings dominated headlines this week, with Goldman Sachs, Citigroup, Wells Fargo, JPMorgan Chase, and Bank of America all reporting results, alongside Morgan Stanley, BlackRock, PNC Financial Services, and Bank of New York Mellon later in the week. Strong results at several major banks might suggest lending conditions remain healthy. A senior advisor...

Bank earnings season delivered a striking range of results this week.  Goldman Sachs posted earnings of $20.98 per share against expectations of $14.48, while Citigroup reported revenue of $24.77 billion against a forecast of $23.74 billion. Wells Fargo, JPMorgan Chase, and Bank of America also reported this week, giving investors an unusually full picture of...

Arm Holdings had a genuinely mixed week. HSBC downgraded the chip designer from buy to hold, even while raising its price target to $315 from $255, citing a foundry capacity bottleneck the bank believes will limit near-term upside despite the company’s long-term strengths. The stock traded around $284 shortly after the downgrade. That kind of...

IBM shares fell approximately 25 percent this week after the technology company warned that second quarter profits would come in below expectations, pointing to soft demand across its software and infrastructure businesses. The decline weighed on the Dow Jones Industrial Average, even though the broader index still managed to close only marginally lower that day....

This week’s cooler-than-expected CPI Data Has Real Implications for How Retirees Structure Withdrawals, beyond the Immediate Market Reaction. June’s Consumer Price Index came in well below expectations this week, falling a seasonally adjusted 0.4 percent for the month, the largest monthly decline in more than six years.  The annual inflation rate eased to 3.5 percent,...

Oil markets moved sharply this week following renewed disruption to shipping through the Strait of Hormuz, a critical corridor for global energy exports. The uncertainty added to a year that has already seen oil prices swing from record highs to sharp declines and back again, driven largely by ongoing tension in the region. For retirees...

SK Hynix trading in two markets at once created a genuine valuation puzzle this week, and it shows exactly what modern portfolio tools are built for. SK Hynix shares have moved in two different directions this week depending on which market an investor was watching.  The chipmaker jumped 13 percent in its Nasdaq debut, reflecting...

For years, the manufacturer of the world’s most popular electric vehicles maintained a mutually beneficial relationship with a Nashville-based independent security researcher. Known in digital circles by a specific online alias, the researcher had been dissecting the TSLA onboard computer systems since 2017.  This “white hat” work was originally formalized through a bug bounty program,...