Mindblown: a blog about philosophy.

Why are US stock market index futures up today, and will Dow Jones, S&P 500 and Nasdaq stay in green or turn red again? US stock futures moved higher on March 18 as investors reacted to a decline in oil prices and awaited key signals from the Federal Reserve. The Dow Jones, S&P 500, and…

Fed Meeting Today | US Stock Market LIVE Updates: US futures rose 0.5% on Wednesday (March 18), building on moderate gains on Wall Street as investors awaited the US Federal Reserve’s interest rate decision later in the day. With higher oil prices feeding into broader inflation, the Fed is widely expected to keep rates on…

Tesla’s “Terafab” semiconductor ambitions to launch this week carry an estimated price tag of $25-40 billion. The math is getting hard to reconcile with a company that generated just $6.2 billion in free cash flow last year while its earnings crashed. Tesla hasn’t raised capital through a stock offering since December 2020, when it completed…

It has been a wild ride for Hims & Hers (HIMS +0.40%) shareholders over the last few years. The stock is currently in a 65% drawdown from its highs, but up 50% in March, due to the telehealth platform’s latest deal with a weight-loss drugmaker that was formerly suing it. Now, Hims & Hers is…

Since the 1970s, major oil shocks — sudden, drastic increases in oil prices driven by geopolitical supply disruptions — have struck five times. Each time, a bear market followed. Now, with the war in Iran, oil shock No. 6 is taking shape, and it’s arriving at a moment when the economy is already showing signs…

Macy’s (M) posted better-than-expected fourth quarter earnings results as the department store chain heads into the third year of its turnaround strategy, called Bold New Chapter. Adjusted earnings per share for the holiday quarter came in at $1.84, above the $1.54 the Street estimated, according to Bloomberg. Revenue came in at $7.6 billion, just above…

The influential financial firm Moody’s warned that their leading AI-based economic model put the probability of a US recession starting in the next 12 months at 49% before the Iran war, alerting that high oil prices are now likely to make it cross 50%. ADVERTISEMENT ADVERTISEMENT The company further highlighted that the model has a…

The “frothy bull” market sentiment of the past few months is ending as global investors turn bearish, according to Bank of America Corp.’s latest fund manager survey. The bank’s broadest measure of the market’s mood fell to a six-month low in March and cash levels surged, strategist Michael Hartnett wrote in a note. Participants cited…

Gold bars of various sizes lie in a safe on a table at the precious metal dealer Pro Aurum. This article adheres to strict editorial standards. Some or all links may be monetized. Gold IRAs can be a great way to protect retirement savings from inflation, market volatility and economic uncertainty. For retirees worried about…