Record Surge in Cocoa Prices: Your Favorite Chocolate Bar is Now More Expensive
Cocoa prices have skyrocketed in 2023, and are now trading 40% higher than they were in October of last year
Record Surge in Cocoa Prices: Your Favorite Chocolate Bar is Now More Expensive
Trading Japanese Stocks and ETFs Amid 2023 Rally
Japanese stocks were the strongest in the world during the first half of 2023 as a weakening yen, increased exports and a drive to improve Japanese corporate governance contribute to the region’s desirability
Diesel Prices Plunge as Slowing Economy Weighs on Energy Markets
Diesel prices are down roughly 33% in the last year as cooling inflation and a slowdown in the global economy weigh on global energy markets
The U.S. Housing Market is Stagnant, but many Homebuilder Stocks are Soaring
The U.S. housing market has seen minimal sales activity and reduced prices so far in 2023. But, sales of newly built homes and housing starts have rebounded, pushing the homebuilder stocks significantly higher.
SpaceX’s Tender Offer Will Make it the Most Valuable Aerospace and Defense Company in the U.S.
SpaceX is reportedly pursuing a tender offer, which could increase the company’s valuation to $150 billion, making it the most valuable company in the global aerospace and defense sector
Why U.S. Sanctions Play a Key Role in the Global Market for Crude Oil
The U.S. government currently maintains oil-related sanctions against Iran, Russia and Venezuela, which together account for nearly 35% of the world’s proven oil reserves
Carlos Alcaraz is Seizing His Opportunity
As the sport’s Big Three fade
into history, a young player appears poised to enter the pantheon
Competition Coming for AbbVie’s Blockbuster
It’s among the prohibitively expensive biologic pharmaceuticals being replaced by cheaper “biosimilar” copycats Worldwide sales of Humira have totaled $200 billion in the last 20 years—just about the biggest haul in the history of prescription drugs. The bonanza was predicated on charging as much as $84,000 for ayear’s supply. But price relief is on the … Continued
High Art
After a down year in 2020, prices exploded in 2021 for physical and digital art A work of art called Everydays—The First 5000 Days exists solely on the internet and has no presence in the physical world, yet it sold for nearly $70 million a year ago in online bidding at Christie’s. Observers heralded the jaw-dropping … Continued
Amazon’s New Silk Road
The big American online retailer has become inextricably intertwined with China—but do Americans care? Amazon and China can’t seem to get enough of each other.If something’s made in China, then Amazon (AMZN) probably sells it—that’s the executive summary. Given that Walmart (WMT) followed a similar path to the East over the last several decades, that … Continued
