Accredited | Cents Invest

MORNING CENTS: Business activity SLOWING?


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Macro:

[BIZ GROWTH SLOWING] Inflation, Rising Rates Curb Global Economic Growth - WSJ

  • Durable goods came out at 8:30
  • 0.4% growth YoY, 0.5% expected
  • [NEW-HOME SALES] New-Home Sales in April See Biggest Monthly Drop Since 2013 - WSJAlso: FOMC meeting minutes come out at 2:00 p.m.

    Crypto:

    [A16Z CRYPTO FUND IV] a16z Announces $4.5 Billion Web3 Fund Amid Market Turmoil - TechCrunch
    [CRYPTO INSURANCE] Insurance Providers Rethink Their Approach to Crypto - WSJ

    Business:

    [TOLL BROTHERS EARNINGS] Toll Brothers Q2 Earnings and Revenues Surpass Estimates - Nasdaq
    [STRONG RETAIL BRAND?] Nordstrom Raises Full-Year Outlook - CNBC
    [MARKET MOVES] Stocks Making the Biggest Moves: Dick’s, Express, Wendy’s, and More - CNBC

    Earnings:

    Today PM: Nvidia, Snowflake, Splunk, Box, Williams-Sonoma
    Tomorrow AM: Alibaba, Macy's, Dollar Tree, Dollar General, Baidu, Medtronic, Burlington

    ...more
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    Accredited | Cents InvestBy Justin Oh

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