Tag Archives: Narrative

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 19, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with the Yahoo Finance App. Despite Wednesday’s losses in the major U.S. indexes, stocks are flying out of the gate in 2023. The Nasdaq Composite (^IXIC) and… Source link

The box office is gearing up for a busy fourth quarter following a strong showing in Q3. Current estimates see $2.1 billion in Q4 ticket sales, according to Box Office Pro, with a full-year haul of $7.5 billion. Increased momentum, coupled with upcoming blockbusters like “Black Panther: Wakanda Forever” and “Avatar: The Way of Water,” should help shoulder some of that demand. Analysts highlighted that a lack of movie supply, triggered by COVID-19 production headwinds, is the biggest issue… Source link

This post was originally published on Tker.co. There’s more evidence that the economic narrative could be undergoing a major shift. For months, we’ve been living in an economy in which strong demand has been met with lagging supply, causing inflation inflation to surge. We now appear to be shifting to a phase where demand growth is cooling and supply chains are easing, which should cause inflation to come down. According to Census Bureau data released Wednesday, orders for nondefense… Source link

The overarching narrative of the markets and economy has been one of strong demand meeting lagging supply, a dynamic that has caused inflation to surge. While most signs suggest these trends continue to persist, a handful of anecdotes from the past week suggest this narrative could be changing. Signs that inventories are no longer depleted Supply chain disruptions have been reflected by depressed inventory/sales ratios. In fact, many businesses have been complaining that sales would be stronger… Source link

At the New York Auto Show this week, car fans, journalists, and industry watchers were treated to a feast for the eyes, with all the new car designs and plush interiors on display. Under the skin of these cars, however, is a different beast — and it’s not the engine. It’s all the data these cars generate. McKinsey estimates a car produces around 25 gigabytes of data per hour, which is an astounding amount. And this data is worth big money. “The car has really turned into a modern… Source link

Wall Street’s rate-hike jitters have wreaked havoc on high-growth tech stocks — and Cathie Wood’s Ark ETFs were front and center for the damage yet again. Still, Wood dismissed concerns over inflationary pressures, reaffirming an earlier assertion that deflation remains the focus for her firm during a webcast on Tuesday. The Ark Invest CEO also said that price increases were likely to ease as supply chain issues resolve. Wood’s remarks come amid Federal Reserve Chair Jerome Powell’s… Source link

One of the most widely used charts for predicting massive future bitcoin price gains is showing the largest divergence since January 2019.  The bitcoin stock-to-flow model currently suggests that the price of bitcoin should be around $77,900. But as of Monday, the cryptocurrency was trading at $33,668, well off the all-time high price of $64,829 reached in April.  Crypto analyst ‘PlanB’, who has been documenting his stock-to-flow model since March 2019, tweeted that BTC/USD is now the… Source link

May 19 was the worst day bitcoin has seen this year and left some watchers wondering: did it destroy bitcoin’s narrative? The answer is, for those watching closely, it likely strengthened it.   Here’s why: bitcoin proved itself on Wednesday when it saw its second biggest volume day of the year, and market infrastructure did not break. Some exchanges suffered outages, but liquidity was available, as spot volumes show. Moreover, while a drop of over 30% may be dizzying for new buyers high… Source link

Benzinga The Upcoming Catalyst That Could Move Chinese EV Stocks Nio, Xpeng, Li Auto Chinese electric vehicle stocks have seen some moderation in momentum in recent sessions. One upcoming catalyst could lift the stocks out of this lackluster phase: the January delivery numbers that are due next week. Finding The Sweet Spot In China’s EV Market: China is a hot EV market, both from the perspective of the addressable market opportunity and supply. “China is a greenfield EV market opportunity for… Source link