Investors are obsessed with size of Fed’s next rate hike. Here’s what they’re missing.
[ad_1] Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June,…
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
[ad_1] Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June,…
10x Genomics stock falls as revenue forecast disappoints
[ad_1] Shares of 10x Genomics Inc. TXG fell in the extended session Thursday after the biotech company said it expects second-quarter revenue to come in below Wall Street expectations. 10x…
Codexis stock drops as forecast comes in below Street estimate
[ad_1] Codexis Inc. CDXS, -4.74% shares fell in the extended session Thursday after the biotech company lowered its revenue forecast for the year and said that sales from Pfizer Inc.…
`Peak inflation will have to wait’: traders see three more 8%-plus U.S. CPI readings despite falling gas prices
[ad_1] “Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts, and even President Joe Biden, used to sum up the U.S. June consumer price…
Horace Mann stock falls on reduced forecast
[ad_1] Horace Mann Educators Corp. HMN, -0.11% shares dropped Wednesday after the insurer lowered its forecast because of catastrophe losses that were above its 10-year average. Horace Mann shares fell…
Deepening inversion of Treasury yield curve is `getting harder to dismiss’
[ad_1] For a sixth straight trading session, the U.S. bond market sent out one of its most reliable recession signals as the 2-year rate continued to trade above its 10-year…
StitchFix stock rallies as Bill Gurley hikes stake by a million shares
[ad_1] StitchFix Inc. SFIX stock got a quick fix late Tuesday after Benchmark Capital’s Bill Gurley reported buying a million shares of the stock. StitchFix shares rallied 8% after hours,…