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Rand Poised for Rebound as Options Market Turns More Bullish

(Bloomberg) -- Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Ho Chi Minh City Opens First Metro Line After Years of DelayThe rand is on track for its worst December performance since 2015, and its biggest quarterly decline in more than two years. That came after hedge funds liquidated long rand-dollar futures at the fas

How To Earn $500 A Month From RPM International Stock Ahead Of Q2 Earnings

Analysts expect RPM International Inc. (NYSE:RPM) to report second-quarter earnings at $1.34 per share before the opening bell, on Tuesday, Jan. 7, 2025. That’s up from $1.22 per share in the year-ago period. The Medina, Ohio-based company projects quarterly revenue of $1.79 billion, compared to $1.79 billion a year earlier, according to data from Benzinga Pro. On Oct. 2, RPM International reported first-quarter results. Sales declined 2.1% Y/Y to $1.97 billion, missing the consensus of $2.015 b

Airlines Stocks Beat Market by Most in a Decade as Travel Booms

(Bloomberg) -- A record year for travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings power points to a bullish outlook for 2025.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayMigrant Crisis Pushed US Homelessness to Record High in 2024The S&P Supercomposite Airlines Index has jumped 60% in 2024, compared with a 27% gain for the S&P 500 Index. It’s the best year for the industry gauge since 2014