Some investors hit the panic button last week when it seemed – if only for a moment – that interest rates might rise sooner than they expected.
What a week for Big Tech: five of the biggest companies in the world all updated investors on their quarterly earnings, and – spoiler alert – they all completely nailed it.
The world’s biggest consumer staples companies stunned analysts to report stronger-than-expected quarterly updates last week, proving that the best offense really is a great defensive stock.
Between an uptick in the global economy and a lot of thirsty traders in the markets, the stars are perfectly aligned for banks to make some serious money.
A global shortage of semiconductors – a.k.a. microchips – could threaten the earnings of some of the world’s biggest companies and the global economic recovery at large.