5 October 2023 - Leanbuck

The U.S. Dollar’s Rally Bolstered by Surging Real Yields on Treasuries

27 October 20235 October 2023 by rudrani chakraborty

Rising U.S. real yields are fueling the U.S. dollar’s comeback, delighting bullish investors and causing skeptics to rethink their bets against the currency. U.S. 10-year Treasury real yields, measuring returns after inflation, recently hit a 15-year high at 2.47%, making the dollar more attractive for investors. Despite a 7% rise from its 2023 lows against various currencies, the dollar remains strong. Increasing real yields also raise the cost of betting against the dollar, deterring bearish investors. Data shows a significant shift in dollar positioning, with Karl Schamotta of Corpay noting, ‘Only the most daring traders are willing to wager against the U.S. dollar’ as real yields continue to climb.

Dell Technologies Revenue Forecast Suggests Delay in AI Boost

12 October 20235 October 2023 by rudrani chakraborty

Dell Technologies reaffirms future revenue growth expectations, disappointing some investors anticipating a larger boost from AI, leading to a 4% drop in shares. The company also anticipates 8% or higher growth in adjusted earnings per share, while planning a $5 billion stock repurchase program. Dell’s conservative revenue forecast hints at slower generative AI benefits, despite earlier optimism. Analysts suggest AI’s strengthening role could warrant higher projections. Amid a PC market slowdown, Dell seeks growth in AI and plans to raise quarterly dividends by at least 10% annually until 2028. Despite layoffs and cost-cutting, Dell’s stock surged 65% in 2023.

European Share Trading Reform: When, Not If, Europe Follows Wall Street’s Lead

27 October 20235 October 2023 by rudrani chakraborty

Pressure Mounts for Europe to Accelerate Share Trading Processes Amid Wall Street’s Reforms. Challenges and Prospects Ahead.” – European Union, United Kingdom, Switzerland urged to align with Wall Street’s move to T+1 settlement, but complexities and potential market shifts raise concerns.