“We remain committed to investing in our strategic growth imperatives, enhancing returns and delivering long-term shareholder value,” said CEO Marvin Ellison. Lowe’s Companies (LOW) – Get Free Report unveiled a new $15 billion share buyback plan Read more…
Last month, China’s harsh lockdown measures negatively impacted foreign trade. Exports fell by 8.7% YoY; imports lost 10.6% YoY. Economists, on average, were expecting half the rate of decline. Trade surplus shrank to $69.84B in Read more…
Tesla shares have shed more than $530 billion in market value this year. Tesla (TSLA) – Get Free Report shares extended declines Wednesday after the carmaker unveiled another round of price cuts in China, adding to Read more…
NZDUSD came under pressure marginally below the August high of 0.6467 at the start of the week, having gained almost 15% since the bottom at a 31-month high of 0.5510 in mid-October. Market sentiment may Read more…
USDJPY recently bounced off the 200-day simple moving average (SMA) after the fall towards the three-and-half-month low of 133.55. The price is trying to create a bullish correction as in the short-term timeframe the bias is Read more…
The USDJPY advances for the third consecutive day and cracks initial barrier at 137.94 (Fibo 23.6% of 151.94/133.62 descend). The dollar received fresh boost from renewed warnings from economists that the US economy is heading Read more…
Stock futures lower as growth, inflation worries mount; Toll Brothers gains after solid Q4 earnings, home building outlook; BlackRock edges lower as activist investor targets CEO Larry Fink; GameStop higher ahead of Q3 earnings with Read more…
Good Morning, Daily Authority readers. I am currently toying with the Sony LinkBud S. I just got them yesterday and am figuring out just how they fare in comparison to the flagship Sony WF-1000XM4 true Read more…
The British Pound started a downside correction from the 1.2350 zone against the US Dollar. The GBP/USD pair declined below 1.2300 to move into a short-term bearish zone. The pair even settled below the 1.2220 Read more…
Market picture The crypto market remains detached from movements in traditional financial markets. Bitcoin continues to hover around $17K, despite the S&P 500 is down 1.5% and the Nasdaq down 2%. The capitalisation of the Read more…