The red flag that preceded the halving of global equities in 2000 and 2007 is back, warns Citi

The red flag that preceded the halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things … Read more

Fuel cell-powered truck maker Hyzon’s stock suffers record plunged after accounting questions raise delisting fears

Fuel cell-powered truck maker Hyzon’s stock suffers record plunged after accounting questions raise delisting fears

Shares of Hyzon Motors Inc. were a record plunged toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of suffering,” including accounting regularities that will cause it to miss the filing deadline for second-quarter results. That prompted a number of analysts to back away from their bullish stances, including … Read more

Block stock drops after earnings, as Square’s parent company swings to a loss

Block stock drops after earnings, as Square’s parent company swings to a loss

Shares of Block Inc. fell 7% in after-hours trading Thursday after the payment-technology company swung to a loss in an earnings report that seemed to cause some controversy about whether the company actually beat or missed expectations on several key metrics. Block SQ, -2.02%, which somewhat recently changed its corporate name from Square, posted a … Read more

AMC takes aim at massive debt burden with ‘APE’ special dividend

AMC takes aim at massive debt burden with ‘APE’ special dividend

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie theater chain’s $27.9 million investment in gold and silver miner Hycroft Mining Holding Corp. HYMC, … Read more

AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls

AMC announces special dividend in the form of ‘Ape’ preferred shares;  stock falls

AMC Entertainment Holdings Inc.’s stock fell by more than 10% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks the latest move in a fight over stock issuances. AMC Entertainment Holdings Inc. AMC, +2.47% has turned to the special dividend after it … Read more

Opinion: The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

Opinion: The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

The S&P 500 index may be about to secure two major bullish SPX, -0.05% milestones. First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining … Read more

Keep running with the bond bulls, says Bank of America

Keep running with the bond bulls, says Bank of America

The rally in bond markets of late has been startling. Hopes grow that inflation may have peaked, and evidence of a US economic slowdown build, benchmark 10-year Treasury yields BX:TMUBMUSD10Y fell from around the 3.5% level touched in mid-June, to near 2.5% at the start of this week. A 100 basis point retreat in less … Read more

PayPal stock rockets after earnings as Elliott investment, cost cuts soothe concerns

PayPal stock rockets after earnings as Elliott investment, cost cuts soothe concerns

After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback authorization and cost-savings program, while also confirming that activists at Elliott Management Corp. have taken a stake in the company. Additionally, the company topped expectations … Read more

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year has already exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’ s equity quant Marko Kolanovic. While more Wall Street … Read more

Will the stock-market rally turn into a selloff? This bond-market gauge could tip investors off

Will the stock-market rally turn into a selloff?  This bond-market gauge could tip investors off

Now that the Federal Reserve appears to have abandoned its forward guidance tool in favor of being “data dependent” to help inform its future path for rates, investors should keep an eye on this gauge of inflation expectations for signs of a shift in the market’s mood . Watch the five-year break-even inflation rate, one … Read more