Nasdaq Technical Analysis – Hawkish repricing and tariff angst weigh on the market
Fundamental Overview The upside for the Nasdaq has been supported all along since the April 9 tariff pause by the lack of bearish drivers. In fact, we continued to see a general de-escalation in trade war that triggered a positive repricing in growth expectations and boosted risk assets. Now, we reached the peak in this […]
Texas Roadhouse faces DEI discrimination complaint from legal group
Consumers’ Research executive director Will Hild discusses companies rebranding their DEI agendas on ‘The Bottom Line.’ A conservative legal group has launched a civil rights complaint against the Texas Roadhouse restaurant chain, alleging it illegally discriminates by using Diversity, Equity and Inclusion (DEI), gender and racial demographic criteria in its hiring practices. The complaint, filed […]
A’s To Promote Luis Morales
The Athletics are calling up pitching prospect Luis Morales prior to tomorrow’s game with the Diamondbacks, according to reporter Francys Romero. Morales will be making his Major League debut whenever he makes his first appearance in a game. No corresponding moves will need to be made, as the Athletics’ deadline trades have left space on […]
Lamine Yamal and Lionel Messi comparison addressed by Barcelona president Joan Laporta
Barcelona president Joan Laporta has addressed comparisons being made between Lamine Yamal and Lionel Messi, calling the fledgling teenager the “best in the world”. Laporta’s comments come following the Spanish champions’ 7-3 win over Seoul FC as part of the club’s pre-season tour of Asia, in which Yamal fired home two first-half goals as Hansi […]
Time’s Arrow Within Glass Appears To Go Both Ways, Raising Huge Questions
A study on the movement of molecules within glass has found something pretty astonishing, assuming that the results can be replicated. Processes within glass, as well as a few other materials with similar properties, appear to be time-reversible, potentially telling us something interesting about the second law of thermodynamics. Have you ever noticed, while walking […]
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The Melrose share price jumps 6% on strong results. Time to consider buying?
Image source: Getty Images Back in June, I got a bit excited about the Melrose (LSE: MRO) share price. Maybe a little too excited, wondering whether its prospects could match up to the incredible rally we’ve seen in Rolls-Royce shares. Like Rolls, Melrose has fingers in both the civil and defence aerospace pies. Its Engines division earns […]
Switzerland says that 39% tariffs from US do not apply to pharmaceuticals
For some context, pharmaceuticals account for around 40% of total exports from Switzerland – at least by value. That makes it the biggest exporting industry for the Swiss and roughly 60% of those exports are directed to the US. As such, the exemption here is definitely a notable one. At the same time, Malaysia is […]
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Is the Intertek share price in deep bargain territory after falling 8% on today’s results?
Image source: Getty Images I’ll admit it, I’ve not paid much attention to the Intertek (LSE: ITRK) share price. The last time I looked closely was in October last year, alerted to its presece by a sharp 9% drop. I wondered then if that was the buying opportunity. Turns out it wasn’t. Back then, I reminded myself […]
