Are You Ready For Some Football? I am… but first, get caught up with the latest PureVest Weekly Roundup. A record 73 million Americans plan to wager money on the NFL this season, totaling 19% of all Americans. Apple had a rough week as the Chinese government banned government employees from using the iPhone at work. Used car prices […]
Weekly Roundup 9/8/23 Read More »
Our PureVest Weekly Roundup looked at the latest jobs report, where the U.S. economy created 187,000 jobs, but the unemployment rate unexpectedly jumped to an 18-month high. Both Salesforce and Dell were the latest tech companies to jump following better-than-expected earnings reports. It’s only a matter of time until the SEC approves Bitcoin ETFs from the largest
Weekly Roundup 9/1/23 Read More »
Our PureVest Weekly Roundup looked at the highly anticipated comments from Jerome Powell’s keynote speech at the annual Jackosn Hole summit. AI chip leader Nvidia blew out their earnings estimates and raised their guidance. Nike fell for a record 10th straight day after Foot Locker reported dismal earnings. As mortgage rates continue to climb, some trends have
Weekly Roundup 8/25/23 Read More »
Our PureVest Weekly Roundup looked at the latest quarterly earnings and outlooks for Walmart & Target. Walmart had a solid report, generating over 50% of its revenues from groceries. Economists lifted their U.S. GDP forecasts by more than triple. Treasury yields rose to a 14-month high, and mortgage rates are closing in on a 21-year high; Is
Weekly Roundup 8/18/23 Read More »
Our PureVest Weekly Roundup was created with a simple goal in mind… To keep you informed and up to date… Quickly! It’s been a light week for critical news, but something always catches our eye and piques our interest. This week, we looked at the latest inflation report for July. Joe Biden signed a long-awaited executive order designed
Weekly Roundup 8/11/23 Read More »
Our PureVest Weekly Roundup looked at the latest employment report, where U.S. employers added 187,000 jobs. The unemployment rate ticked lower to 3.5%. For the second time in history, the U.S. credit rating was downgraded when Fitch lowered its rating… What does this mean? Apple and Amazon reported earnings on Thursday evening. Apple’s standout announcement came from
Weekly Roundup 8/4/23 Read More »
Our PureVest Weekly Roundup looked at the latest GDP report, which showed a 2.4% pace in the second quarter, topping expectations. The Federal Reserve hiked rates by 25 basis points on Wednesday in perhaps their last hike of the cycle. Their economists are also no longer expecting a U.S. recession in 2023. If you want the details
Weekly Roundup 7/28/23 Read More »
