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Latest Insights on PNC

Voice to Text Microsoft meme Microsoft’s Nuance’d Buyout, Alibaba Bites Billions & Uber Reality April 12, 2021 by Joseph Hargett Great Stuff Microsoft’s New Dragon Force On a cold April morning, in the time before the market light. In flames of Microsoft’s eternal reign, we ride toward the fight… That, Great Ones, is about all the lyrics I know to DragonForce’s “Through the Fire and Flames.” What? It’s a really fast song. Anywho, Microsoft (Nasdaq: ) announced […]
Move over, Tesla! The new king of growth in the electric vehicle (EV) market just hit high gear. And it isn't even all charged up yet... Nio’s Surprise Sedan, CrowdStruck and the Apple of Hyundai’s Eye January 11, 2021 by Joseph Hargett Great Stuff High Voltage Move over, Tesla! The new king of growth in the electric vehicle (EV) market just hit high gear. Nio (NYSE: ) put the pedal to the metal — do they even do that in EVs? — and surged roughly 14% on the open this morning. The company is now the No. 2 automaker […]
Goldman Sachs aside, the financial sector is struggling. Low interest rates, while good for the gander, are not always good for the goose. Goldman Gains; Fargo Forgotten; B. of A.? No Way October 14, 2020 by Joseph Hargett Great Stuff Welcome to the Bank Parade When I was a young trader, my father took me to New York City to see a banking man. He said: “Son, when you grow up would you be a trader at Goldman Sachs, Morgan Stanley or Citibank?” He said: “Will you defeat them, your losses and all the market […]
Holy cats! It was a busy Friday: consumer spending, blocked Huawei, Chinese threats, virus testing, bouncing banks? That’s quite a smorgasbord of market-moving data. Retail Weeps, China Creeps, Bankers Beat and Testing Sleeps May 15, 2020 by Joseph Hargett Great Stuff Friday Four Play: You Down With PPT? Holy cats! It was one busy Friday. I mean, we had a literal smorgasbord of market-moving data … all in one day: Consumer spending set another record in April, plunging 16.4%. President Trump blocked semiconductor shipments to Huawei. China threatened to activate its “unreliable entity list.” Trump questioned […]
Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco. Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett Great Stuff Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […]

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