Australia has entered into a deep rental crisis, with tenants facing increasing competition for the diminishing pool of available rental homes, driving up rents by almost 12 percent across capital cities in the last 12 months at an accelerating rate. SQM Research revealed the national vacancy rate fell to one percent in March, the lowest…
Australian Rental Crisis Worsens, National Vacancy Rate at Lowest Level Since 2006
Fed Policymakers Split on Post-Pandemic Inflation Landscape
U.S. central bankers are split on whether high inflation will be a recurring problem in the future requiring repeated rate hikes, comments from two officials showed on Tuesday, a stark contrast to their broad consensus on the current policy path. Separate remarks from Federal Reserve Governor Lael Brainard and Richmond Fed President Thomas Barkin on…
More Analysts Re-Rate Netflix Ahead of Q1 Earnings
Analysts re-rated Netflix Inc. ahead of its Q1 results. Barclays analyst Kannan Venkateshwar lowered the price target on Netflix to $380 from $425 (8.4 percent upside) and kept an Equal Weight rating on the shares. Netflix’s Q1 growth may not be very different from its weak guidance. Netflix’s accounting treatment of Russia, given the shutdown of operations…
Chart Wars, Will Snap Stock or Pinterest Stock Break From This Pattern First?
Pinterest, Inc. and Snap, Inc. have been trading in a fairly tight horizontal pattern, which indicates consolidation. The consolidation has been in response to the two social media stocks being heavily beaten down over the course of many months, where Pinterest plunged over 64 percent from its Feb. 16, 2021 all-time high of $89.90 and…
Yet Another Analyst Sees Slowdown in PC Shipment Causing Headwind for Intel
Citi analyst Christopher Danely saw Intel Corp. experience some headwinds as PC shipments fell below Citi’s estimates. Danely had a Neutral rating and a $55 price target on Intel (18.1 percent upside). Danely observed that March notebook shipments were up 33 percent month-over-month, missing the targeted 42 percent growth. For Q1, shipments fell 20 percent quarter-over-quarter, missing the 18…
LIVE UPDATES: Japan to Attend G20 Meet, No Comment on Russia’s Participation: Finance Minister
The latest on the Russia–Ukraine crisis, April 15. Click here for updates from April 14. Japan to Attend G20 Meet, No Comment on Russia’s Participation: Finance Minister Japan is preparing to attend a gathering of financial leaders from the Group of 20 economic powers next week, its finance minister said on Friday, as Western nations…
LIVE UPDATES: Russia Pledges More Strikes on Kyiv After Missile Attack, Says Took Mariupol Plant
The latest on the Russia–Ukraine crisis, April 15. Click here for updates from April 14. Russia Pledges More Strikes on Kyiv After Missile Attack, Says Took Mariupol Plant Russia’s defense ministry said on Friday it had struck a military target on the edge of Kyiv overnight with cruise missiles and promised more strikes against the…
Does the ‘Future of Civilization’ Depend on Twitter? Here’s What Elon Musk Says
Tesla Inc. CEO Elon Musk disclosed a 9.2 percent stake in Twitter Inc. at the beginning of the month. Now the billionaire aims to purchase the whole company. Some have speculated that Musk’s offer could be trivial following a series of questionable Twitter polls and suggestions about the direction in which Twitter should head. Musk put those speculations to rest Thursday during an…
NFT of Dorsey’s First Tweet Auctions for Mere $280
A non-fungible token (NFT) of the first-ever tweet drew only $280 in an online auction, vastly disappointing the expectations of the investor who hoped to turn around the costly NFT for an astronomical profit. The NFT of Twitter’s former CEO and co-founder Jack Dorsey’s tweet was first sold last year to Sina Estavi, an Iranian-born…
Elon Musk’s Twitter ‘Soap Opera’ Will End in a Takeover: Dan Ives
Tesla, Inc. CEO Elon Musk sprang a surprise early Thursday by disclosing in an amended filing that he is making an offer to Twitter, Inc.’s board to take the company private. The Tesla Analyst Wedbush analyst Daniel Ives maintained an Overweight rating and $1,400 price target for Tesla shares. The Tesla Takeaways: Musk’s $54.20 per…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta