Biden passes the torch to Trump today and a tenuous cease-fire agreement starts in the Middle East. I think everyone can agree that less fighting
It’s been hailed as one of the most successful comebacks in business history. Luckin Coffee, which was on the verge of collapse in 2020 after an
(Bloomberg) — Last week’s selloff, which comes on the heels of what has been a generally successful earnings season for Corporate America, has investors bracing
The market’s reaction to the election has been overwhelmingly positive. This is not surprising. The market normally rises following a presidential election due to the
China’s largest coffee chain plans to take on Starbucks in US Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted
I can think of few topics more over-discussed in the financial media than what the Federal Reserve is doing and what it is saying about
A few things. First, the momentum trade in artificial intelligence (AI) stocks has reversed, at least temporarily. This could be a simple technical pull-back but it may
The previous market narrative has been hit by a shot of turbulence. The focus on the AI revolution and the stable economy was so entrenched that it literally
Markets are navigating in the slack water between economic narratives. In 2021 stocks rose on the post-Covid reopening and stimulus. In 2022, stocks dove on
John Zolidis, founder of consumer-focused investment adviser Quo Vadis Capital, also removed his long recommendation on Lululemon shares this week. He noted that Choe’s departure follows concerning commentary from the company on its March earnings call, where it blamed both squeezed shoppers and the wrong product assortment for a softer start to its fiscal year.
“It’s very troubling,” he said. “It sounds like something is very wrong with the merchandising or the execution.”