CHICKEN SOUP FOR THE SOUL ENTERTAINMENT REPORTS REVENUE OF $36 MILLION IN Q4 2021 Chicken Soup for the Soul Entertainment Inc. (NASDAQ: CSSE) was up 43.8% after the advertising-supported video-on-demand networks operator announced its fiscal Q4 and FY 2021 financial results. CEO William Rouhana said that they delivered another strong quarter capping off a successful year in which the company...
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US index futures and European markets ride high since opening this morning. Sovereign bonds climbed and oil prices swing. EQUITY MARKETS REBOUND AHEAD OF KEY US MACRO DATA Macroeconomics will play a decisive role in today’s financial market business, in addition to the Russia-Ukraine war. The US employment report and the ISM Manufacturing Index will provide a testament to the health of the US...
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CUTERA RECEIVES FDA’S 501(K) CLEARANCE FOR AVICLEAR IN ACNE Cutera Inc. (NASDAQ: CUTR) jumped 20.41% on Friday after announcing that it had received FDA’s 5190(k) clearance for AviClear. AviClear is the only and first energy-based gadget that has been granted this designation for mild, moderate, and chronic acne treatment. It is a laser treatment offering a safer and prescription-free...
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The weekend arrives with equity investors scrambling to lift key indicators from the US and Europe. After a negative opening, both European stocks and US index futures were trying to stay in positive territory. Still, the direction is uncertain and dependent on a dubious scenario. To adjust their exposure to financial markets, investors carefully watch news about the Russian sanctions and the...
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GAMESTOP RALLIES AS PART OF “MEME STOCKS” SURGE GameStop Corp (NYSE: GME) was up 30.72%, although there was no company-specific news release or regulatory filings driving up the stock, and it seems external factors might be at play. The surge seems to be driven by a broader rally of “meme stocks.” According to Quiver Quantitative data, there has been an increase in discussions regarding...
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BONDS BOUNCE BACK AND MARKETS TAKE A HIT Equity markets almost all operate lower, while sovereign bonds, which were on the path of record losses, recovered. In recent sessions, signs of a stronger-than-expected monetary tightening weighed mainly on the bond market. However, US Treasury premiums with a 10-year term dropped to 2.37% recently, after reaching maximums that had not been seen since...
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