Oil prices drop notably today on worries over China’s economy. Data released over the weekend showed PMIs hitting the lowest level since February 2020 due to lockdowns. The economy is on the verge of contraction Read more…
Amazon shares were back in the red Monday following its biggest single-day decline since 2006 as analysts pared details of its surprise $3.8 billion first quarter loss. Amazon (AMZN) – Get Amazon.com, Inc. Report shares extended Read more…
BoE: High inflation vs. weaker growth outlook In line with consensus and market pricing, we expect the Bank of England (BoE) to hike the Bank Rate by another 25bp to 1.00% but focus is definitely Read more…
The PyDev of the Week this week is Jyotika Singh (@JyotikaSingh_). Jyotika is the maintainer of pyAudioProcessing and a speaker at multiple conferences. You can check out what Jyotika is up to by going to Read more…
A huge week ahead as three central banks line up to raise interest rates, and three employment reports drop, including one in New Zealand on Wednesday morning. The March quarter labour market figures are expected Read more…
Larger bears are pausing above new multi-month low, after sterling fell 4.3% in April, suffering the biggest monthly loss since June 2016. Sterling bounced after failing to register weekly and monthly close below cracked pivotal Read more…
Stocks are mixed heading into another busy week on Wall Street as investors look for relief from the biggest year-to-date decline for the S&P 500 since 1939. U.S. equity futures were mixed Monday, following-on from Read more…
“While we are disappointed in the outcome of this particular study, these results do not impact the strong efficacy and safety data we’ve observed in our earlier trial,” said CEO Albert Bourla. Pfizer (PFE) – Read more…
Apple Pay recently expanded to let merchants receive payments on their iPhone. | Image: Apple Apple has been hit with an antitrust accusation by the European Union over its exclusion of rivals from its Apple Read more…
“If the deal goes through we make some money, and if it doesn’t go through who knows,” Buffett told Berkshire Hathaway investors on Saturday. Activision Blizzard (ATVI) – Get Activision Blizzard, Inc. Report shares moved higher Read more…