The Canadian dollar is lower for a third straight day. In the European session, USD/CAD is trading at 1.2984, up 0.29% on the day. Markets brace for soft Canadian retail sales The US dollar has Read more…
A higher interest rate for longer looks to be the way forward for Federal Reserve. We expect it to hike Fed Funds rate at least another 125bp and keep it here. The market agrees and Read more…
USDCHF is in the process to post the fifth straight day of gains, following the pullback off the 0.9367 support level. The pair jumped above the 200-day simple moving average (SMA) again and is trying Read more…
Deere’s third quarter profits “reflected higher costs and production inefficiencies driven by the difficult supply-chain situation,” said CEO John May. Deere & Co (DE) – Get Deere & Company Report shares tumbled in pre-market trading after Read more…
Credit: Robert Triggs / Android Authority A Korean news outlet has claimed that the Galaxy S23 Ultra will offer a 200MP sensor. This comes after a leaker made the same claim last month. Samsung’s Ultra Read more…
Happy Friday everyone! Yesterday my dog pulled a muscle while we were out on a walk, which I didn’t even know was a thing. Apparently we’re both getting old… Motorola Edge, now with mmWave
“Although we’re confident in our ability to perform well in a range of market scenarios, we’re mindful of the current macroeconomic trends,” said CEO Gary Dickerson. Applied Materials (AMAT) – Get Applied Materials Inc. Report shares Read more…
Home Depot closed out a busy week by naming CEO Ted Decker as chairman, unveiling a new $15 billion buyback and declaring a $1.90 per share dividend. Home Depot (HD) – Get Home Depot Inc. Read more…
Market picture Bitcoin was almost flat on Thursday but started Friday with a 6% plunge, momentarily dropping to $21.5K. Ethereum is losing 4.5% overnight to $1760. Leading altcoins are down 7% (XRP) to 12% (Solana). Read more…
GameStop chairman Ryan Cohen completed his exit from an activist stake in Bed, Bath & Beyond Thursday after riding a meme-lead rally to a near $60 million in profits. Bed, Bath & Beyond (BBBY) – Read more…