April’s consumer price index (CPI) data offered some interesting insights. Both core inflation and retail sales displayed a more relaxed trend than anticipated. Following the release of the CPI inflation data, the S&P 500 opened robustly higher on Wednesday with investors analyzing the ramifications for future Federal Reserve rate cuts. Diving into the CPI Inflation…
Grasp the Buzz of the GameStop Stock. GameStop has been the center of attention in the financial world yet again! This company, known for its videogame retailing, saw its shares skyrocket impressively last Tuesday. Remember that unforgettable meme stock rally, ignited by Roaring Kitty’s inaugural online post in a three-year gap? It’s back in action!…
On an exhilarating Monday, shares of GameStop, the video game retail giant, underwent an impressive rally. None other than “Roaring Kitty,” also known as Keith Gill, instigated this activity, making his grand return to the internet after a three-year hiatus.. This comeback, signified by a simple yet powerful image of a game player taking his…
A Dark Cloud Over Consumer Sentiment: Inflation, Interest Rates and Jobs Woes. The mood of the American consumer has darkened considerably in May. As concerns over inflation, interest rates, and the labor market reach new highs. According to the University of Michigan, the consumer sentiment index fell to a half-year low of 67.4. A significant…
