The Daily Financial Trends

The OPEC Cartel and countries allied with it such as Russia, have announced they will raise output by 648,000 barrels per day in July and August.. This will offer modest…

Goldman President John Waldron made a statement echoing Jamie Dimon’s recent pessimistic tone about the future of the economy as it is impacted by a string of shocks. Waldron said…

Ford announced it is about to add 6,200 new factory jobs in Michigan, Missouri and Ohio. Then new jobs will be part of a $3.7 billion investment in the three…

During a recent talk, Ford CEO Jim Farley said he expects a major price war to begin in the electric vehicle (EV) market that will drive prices per vehicle down…

Microsoft announced it was cutting its fourth-quarter profit and revenue forecasts, due to a strengthening dollar. Having recently gained 14% over a plethora of currencies due to the hawkish Federal…

In 2017 and 2018, Tesla hired a consultant, MWW PR,  to monitor employees in a Facebook group and more broadly on social media amidst a push to unionize employees. MWW PR…

Acting Comptroller of the Currency Michael Hsu is warning investors about cryptocurrencies and stablecoins. In an interview with Yahoo Finance Live, Hsu said, “Stablecoins are not stable…The growth in crypto…

Cloud stocks rallied Thursday as more than a dozen companies made gains of 10% or more. Investors looking to buy up beaten down stocks dove in on an upbeat day,…

Toshiba Corporation plans to notify shareholders that two Board Director nominees from major hedge fund shareholders did not receive unanimous approval from the nomination committee. The embattled corporation will include…

US stocks slid on the first day of June, after JP Morgan boss Jamie Dimon warned investors of a “hurricane” closing in on the US economy as it faces a…