America’s debt hits new record of more than $17 trillion: NY Fed

Loans

As Americans dealt with high inflation and recession fears, they also faced record debt, according to the latest data by the New York Fed.  Total household debt increased to $17.05 trillion in the first quarter of 2023, the NY Fed reported. That marked an increase of $148 billion quarter-over-quarter. Overall,…

Americans save more in HSAs, Fidelity reports HSA assets exceed $16 billion

Savings

Americans increased their savings for Health Savings Accounts (HSA) as Fidelity Investments reported its HSA assets surpassed $16 billion. The increased its funded HSAs by 27% from last year to a total of 2.8 million funded accounts.  But while they were putting more money into HSA savings, more than half…

Fitch still considering US credit rating downgrade despite debt ceiling deal

Economy

Fitch Ratings said Friday it is holding the United States on watch for a possible credit downgrade, even though Congress passed a bipartisan debt ceiling agreement that will ensure the government can pay its bills on time.  The ratings agency said in a statement it would maintain the “Rating Watch…

Stock markets are ignoring a ‘laundry list’ of risks, strategist says

News

Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could be incoming, according to Julian Howard, investment director for multi-asset solutions at GAM Investments.Despite the risks associated with a steep rise in interest rates over the past 15 months, tech…

Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target and more

News

Check out the companies making headlines in premarket trading.Apple — The tech giant’s shares rose about 1% ahead of Apple’s Worldwide Developers Conference, which kicks off Monday in Cupertino, California. Apple is widely expected to announce a “Reality Pro” headset that incorporates virtual reality.related investing newsPalo Alto Networks — The stock jumped…

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America’s debt hits new record of more than $17 trillion: NY Fed

Loans

As Americans dealt with high inflation and recession fears, they also faced record debt, according to the latest data by the New York Fed.  Total household debt increased to $17.05 trillion in the first quarter of 2023, the NY Fed reported. That marked an increase of $148 billion quarter-over-quarter. Overall,…

Americans save more in HSAs, Fidelity reports HSA assets exceed $16 billion

Savings

Americans increased their savings for Health Savings Accounts (HSA) as Fidelity Investments reported its HSA assets surpassed $16 billion. The increased its funded HSAs by 27% from last year to a total of 2.8 million funded accounts.  But while they were putting more money into HSA savings, more than half…

Fitch still considering US credit rating downgrade despite debt ceiling deal

Economy

Fitch Ratings said Friday it is holding the United States on watch for a possible credit downgrade, even though Congress passed a bipartisan debt ceiling agreement that will ensure the government can pay its bills on time.  The ratings agency said in a statement it would maintain the “Rating Watch…

Stock markets are ignoring a ‘laundry list’ of risks, strategist says

News

Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could be incoming, according to Julian Howard, investment director for multi-asset solutions at GAM Investments.Despite the risks associated with a steep rise in interest rates over the past 15 months, tech…

Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target and more

News

Check out the companies making headlines in premarket trading.Apple — The tech giant’s shares rose about 1% ahead of Apple’s Worldwide Developers Conference, which kicks off Monday in Cupertino, California. Apple is widely expected to announce a “Reality Pro” headset that incorporates virtual reality.related investing newsPalo Alto Networks — The stock jumped…

Fusion Fuel Green: Aggressive Financial Targets, Likely Dilution, Sell (HTOO)

News

Note: I have covered Fusion Fuel Green PLC (NASDAQ:HTOO, NASDAQ:HTOOW) previously, so investors should view this as an update to my earlier articles on the company. In the midst of the ESG hype three years ago, I considered Fusion Fuel Green PLC or “Fusion Fuel” the “Next Hydrogen Hype In…

AMMO, Inc. Stock: Buying More In Spite Of The Recoil (POWW)

News

It’s been about 11 months since I wrote a bullish article on AMMO Inc. (NASDAQ:POWW), and my gosh the shares have plummeted in price since. Specifically, they’re down about 53% against a gain of about 12% for the S&P 500. The company has reported results since, obviously, so I thought…

Arista Networks Stock: Momentum Gone (NYSE:ANET)

News

Investment thesis According to Forbes, Arista Networks (NYSE:ANET) will likely benefit from the secular favorable trend related to generative artificial intelligence [AI]. The stock price suggests the market agrees with the statement. ANET stock price rallied about 35% year-to-date, but I would like to warn potential investors that they missed…

Assertio Holdings Stock Is Setting Up Again (NASDAQ:ASRT)

News

You’re reading my 4th article on Assertio Holdings, Inc. (NASDAQ:ASRT) – all of my previous articles including the one published last month have been bullish, and while the Healthcare sector (XLV) hasn’t performed the best YTD, the stock has looked solid since my first article appeared in mid-January: Data by…

BSJP: Interesting Term Fund, 8.1% Yield (NASDAQ:BSJP)

News

Thesis The Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) is an exchange traded fund. The vehicle is a term fund, having a termination date in December 2025. Term funds are tricky vehicles, since lack of maturity matching with the collateral pool can generate significant mark to market risks.…

IDT Corporation (IDT) Q3 2023 Earnings Call Transcript

News

IDT Corporation (NYSE:IDT) Q3 2023 Earnings Conference Call June 5, 2023 5:30 PM ET Company Participants Samuel Jonas – CEO Marcelo Fischer – CFO Conference Call Participants David Polansky – Immersion Investments Adam Wilk – Greystone Capital Operator Good evening, and welcome to the IDT Corporation’s Third Quarter Fiscal Year…

JOANN: Still A Sell Following Q1 Earnings (NASDAQ:JOAN)

News

JOANN Inc. (NASDAQ:JOAN) is a specialty retailer that we have traded in the past, both long and short. Back in December we overtly called this stock a sell. Traders took a cue at our service and ran tactical shorts, and the stock is now down 59% since that call. Now…

Palo Alto: Leading Cybersecurity Stock To Buy (NASDAQ:PANW)

News

Palo Alto Networks, Inc. (NASDAQ:PANW) is a prominent American cybersecurity enterprise consisting of three distinct reportable segments: Product, Subscription, and Support. This analysis delves into the company’s ascension to market leadership in the cybersecurity industry in recent years, aiming to identify the key factors underlying its notable increase in market…


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