U.S. futures and European bourses tumble as investors call for higher premiums to carry sovereign bonds MARKETS TUMBLE OVER EXPECTATIONS OF TIGHTER MONETARY POLICY The Federal Reserve (Fed) campaign against inflation weighs heavily on financial markets. On the day of the most awaited event of the week, the release of the minutes of the last meeting of the US central bank, index futures in the...
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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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