During its “Scary Fast” announcement event on Monday night, Apple AAPL, +2.07% took to the internet to announce a string of new MacBook Pro laptops and a new family of chips to power them. The event itself happened at 8 p.m. Eastern Time, during both the World Series and Monday…

Ford Motor has been named as a Top 25 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, F shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent Ford share price of $9.91 represents a price-to-book…

There’s a 40% chance that the stock market’s recent correction will turn into a major bear market. Last Friday the S&P 500 SPX entered correction territory by closing more than 10% below its July 31 high. The U.S. benchmark index would have to fall by another 10 percentage points to…

The Federal Reserve after holding rates steady at 5.25% to 5.5% on November 1 continues to outline potential scenarios for higher interest rates. Fed Chair Jerome Powell stated at the post-meeting press conference, “the question we are asking is should we hike more?” However, markets disagree, believing we are likely…

Shares of Match Group Inc. MTCH, -0.10% dropped 8% in extended trading Tuesday after the online-dating service reported quarterly results that included weak revenue guidance. Match reported fiscal third-quarter net earnings of $163.8 million, or 57 cents a share, compared with net earnings of $128.3 million, or 44 cents a…

Key News Asian investors cheered Powell’s dovish comments, sending risk assets higher except for China while the Philippines was closed for a holiday. The Asia dollar index gained versus the US dollar, though the renminbi/CNY was flat overnight. Bloomberg News is reporting that the US and China will discuss nuclear…

Lumen Technologies Inc.’s LUMN, -32.87% stock see-sawed before rising 1% in extended trading Tuesday after the telecommunications company reported quarterly results. Lumen Technologies reported a fiscal third-quarter net loss of $78 million, or 8 cents a share, compared with net earnings of $578 million, or 57 cents a share, in…

I first put Affirm Holdings (AFRM) in the Danger Zone in October 2021, reiterated my bearish opinion on the stock multiple times, and named it a Zombie Stock in September 2022. Since my original report AFRM is down 81% while the S&P 500 is down 1%, but the stock is…

Shares of real-estate names plunged Tuesday following a jury ruling that has the potential to shake up the way people purchase homes. A Missouri jury earlier Tuesday deemed that the National Association of Realtors, HomeServices of America and Keller Williams colluded to inflate or maintain high commission rates. Jefferies analyst…

Key News Asian equities were mixed overnight as Japan and South Korea outperformed. Have you ever noticed that Japan’s yield curve control is never called currency manipulation by either the Western media or the US government? Me neither. That is just an observation. Both Hong Kong and Mainland China were…