HelloFresh needs to cut costs and stem an exodus of meal-kit subscribers to boost profits and revive its share price, according to investors and analysts, who remain to be convinced by a plan to expand its fledging ready-meals arm.
The Chart of the Day belongs to the Asian travel services company MakeMyTrip (MMYT) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...
Some market participants believe the relentless U.S. stock rally is poised for a breather, even if it remains unclear whether equities are in a bubble or a strong bull run.
A proposal by global regulators to change how the largest banks report key risk metrics at the end of the year could deal a blow to their U.S. short-term funding businesses, the latest salvo in a battle over tighter capital rules.
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q1 2024 results on Thursday, March 14 (after market close). We expect Adobe to edge past the consensus estimates of revenues, but earnings are likely to miss the mark. The technology giant surpassed the street estimates
Kronos Worldwide (NYSE: KRO), a titanium dioxide pigments (TiO2) producer and marketer, has gained around 15% in a week, considerably outperforming the broader Russell 2000 index which remains down by 0.2% over the same period. So what’s driving the recent surge in the stoc
First Solar (NASDAQ:FSLR) has had a mixed year thus far in 2024, with its stock declining by about 6% since early January. This mirrors the larger solar industry, which has underperformed the broader S&P 500 index amid high-interest rates and mixed earnings from major solar p
April WTI crude oil (CLJ24 ) Tuesday closed down -0.37 (-0.47%), and Apr RBOB gasoline (RBJ24 ) closed up +0.59 (+0.23%). Oil prices were undercut Tuesday after the U.S. DOE Energy Information Administration (EIA), in its Short-Term Energy Outlook, forecasted that U.S. crude oil production in 2024 will rise +2.0%...
Among the Zacks Rank #1 (Strong Buy) list, several companies are standing out in terms of their growth and high dividend yields, adding more value to their stocks. This combination tends to excite investors as lucrative payouts ar
Front month cotton futures closed 17 to 40 points higher. That took the May contract back to net UNCH for the week’s move. The May contract printed a 172 point range on the day from -101 to +71 points. The Cotlook A Index retreated by 335 points back to 101.60...
Front month corn futures were unchanged at the closing bell after a 7c range spent on both sides. CONAB trimmed their production for Brazilian corn output by ~1 MMT to 112.75 MMT. Texas Crop Progress data showed corn planting progressed 6% points to 20% finished. That is 2 ppts behind...
Front month wheat futures were mixed at the Tuesday close. Chicago futures ended the within a penny of UNCH after May traded within a 15c range on the day. KC HRW futures were 1 ½ cents weaker in the May contracts but fractionally mixed in the other nearbys. May HRW...
Cattle closed the Tuesday session with $0.52 to $00.92 gains. That pushed futures to net gains for the weekly move. Feeders now have a green candle on the weekly chart as well after $0.72 to $1.32 gains for Tuesday. USDA reported minimal cash action on Tuesday, near $183 in TX....
The April contract is back to the 18-wk moving average after a $2.07 gain on the day. The other front months were $0.77 to $1.60 higher at the close. USDA’s National Average Base Hog price was $1.19 higher on Tuesday afternoon to $77.35. The CME Lean Hog Index dropped by...
Soy Oil futures finished the Tuesday session with triple digit gains of as much as 2.5%. That helped push beans up by 1.2% to 1.4% with double digit gains. The July and August contracts were back above the $12/bu mark at the close. Soymeal futures closed up by $2 to...
April Nymex natural gas (NGJ24 ) on Tuesday closed -0.045 (-2.56%), the fifth consecutive session of losses. Nat-gas prices on Tuesday fell on bulging U.S. inventories that are 30.9% above their 5-year seasonal average. Nat-gas prices fell even though forecasts turned a bit cooler. Atmospheric G2 said a cold front...
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. Stocks rallied after the U.S. CPI report was not as bad as some...
A deepening rift between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu over Gaza red lines has set up a potential showdown between the two leaders and raised questions about whether the U.S. might restrict military aid if Israel goes ahead with a ground offensive in the south of the enclave.
The dollar index (DXY00 ) on Tuesday rose slightly by +0.07% on the slightly hawkish CPI report. The dollar index also saw support from Tuesday’s +5.3 bp rise in the 10-year T-note yield, which improved the dollar’s interest rate differentials. The dollar index saw support after the markets slightly dialed...
ClearPoint Neuro, Inc. (CLPT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurr