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Post-pandemic, as industries are rapidly embracing new methods of conducting business and trying to increase efficiency, there has been a substantial uptick in demand for advanced equipment and solutions. Strong demand for industrial goods and favorable government policies to support domestic production should drive the performance of industrial goods manufacturers. The Biden Government’s $1 trillion […]

The automotive industry has witnessed dramatic growth over the past decade. With advanced technology integration, innovative zero-emission vehicles and autonomous self-driving vehicles are expected to be more prevalent in the near term. There are currently 1.2 million electric vehicles in use in the United States, which is expected to be 18.7 million by 2030. Moreover,

E-commerce service provider Shopify Inc. (SHOP) reported third-quarter 2022 revenue and adjusted gross profit of $1.40 billion and $$681.80 million, up 22% and 11% year-over-year, respectively. However, its bottom line declined significantly amid the high inflationary environment. The company’s operating loss came in at $45.10 million, compared to an adjusted operating income of $140.20 million

Concerns over record-high inflation, the Federal Reserve’s persistent hawkish stance, geopolitical tensions, and a potential recession have fostered heightened market volatility this year. Despite various macro headwinds, diversified healthcare company Johnson & Johnson (JNJ) managed to beat top and bottom-line estimates for the third quarter of fiscal 2022. The company’s adjusted operational sales grew 8.2%

Semiconductor giant Advanced Micro Devices, Inc. (AMD) operates through two segments: Computing and Graphics; and Enterprise, Embedded, and Semi-Custom. The company’s products include x86 microprocessors as accelerated processing units, discrete and integrated graphics processing units (GPUs), servers and embedded processors, and semi-custom System-on-Chip (SoC) products. AMD’s third-quarter 2022 earnings declined significantly due to softening PC

The Federal Reserve recently raised its short-term borrowing rate by 75 basis points to a target range of 3.75%-4%, the highest since January 2008. High borrowing costs and inflation continue to worry investors about a possible recession. While dealing with many economic headwinds and market volatility, investors might make emotionally charged investment decisions that may

Health services provider CVS Health Corporation (CVS) recently acquired healthcare platform provider Signify Health, Inc. (SGFY) for approximately $8 billion. This acquisition is expected to enable CVS to increase its customer base by reaching out to customers at their homes. Last month, CVS’ CEO Karen Lynch chalked out the company’s plans to be present at

Despite the economic headwinds, Pfizer Inc. (PFE) reported impressive financials for the third quarter of 2022 and updated its full-year financial outlook. It raised the lower end of full-year 2022 revenue guidance to a range of $99.5 to $102 billion.  It increased 2022 revenue guidance for Comirnaty by $2 billion to approximately $34 billion and

Amid high inflation, consecutive rate hikes, and rising recession odds, market volatility is rife, as is evident from the CBOE Volatility Index’s 54% year-to-date gains. Moreover, consumer confidence has sunk below the Global Financial Crisis (GFC) levels. The Westpac-Melbourne Institute Consumer Sentiment Index dropped 6.9% in November. Westpac’s chief economist Bill Evans, said, “This point

Tech giant Microsoft Corporation (MSFT) is facing a European Union (EU) probe in its proposed $69 billion deal to acquire gaming company Activision Blizzard, Inc. (ATVI). On the other hand, MSFT has accused the U.K. Competition and Markets Authority of relying on “self-serving” input from rival Sony Group Corp. (SONY) in its deliberations. Moreover, the