Month: October 2023

Updated at 7:35 am EDT 3M Co.  (MMM) – Get Free Report shares powered higher in pre-market trading Tuesday after the industrial group posted stronger-than-expected third quarter earnings, and boosted its full-year profit forecast, as its Read more…

Economic activity in Europe is cooling, raising the spectre of an emerging recession in Germany and the whole eurozone. The PMI indices have proven to be a reliable indicator of the economic cycle for currency Read more…

RBA Governor Michelle Bullock emphasized the central bank’s ongoing commitment to stabilizing inflation and promoting job growth in her speech today. While the Governor acknowledged the possibility of maintaining the current cash rate level to Read more…

Five things you need to know before the market opens on Tuesday October 24: 1. — Stock Market Today: Treasury rebound gives stocks a lift; mega-cap tech earnings on deck Investors are waking up to a Read more…

General Motors  (GM) – Get Free Report posted much stronger-than-expected fourth quarter earnings Tuesday, but pulled its full-year profit forecast amid surging costs related to the historic strike action launched last month by the United Autoworkers Read more…

Bitcoin surges to an almost 18-month high Broader picture appears overly positive But overstretched rally increases the risk of a correction BTCUSD (Bitcoin) soared to an almost 18-month high on Tuesday, driven by speculation that Read more…

Market picture The crypto market cap has risen over 7.3% in the last 24 hours to $1.25 trillion. It is the highest valuation since April when fears over the safety of money in the regional Read more…

General Electric  (GE) – Get Free Report posted better-than-expected third quarter earnings Tuesday, while boosting its full-year profit and free cash flow forecasts, as the industrial group’s core aviation division continues to power both its top Read more…

Microsoft  (MSFT) – Get Free Report shares moved higher in pre-market trading ahead of the tech giant’s first quarter earnings after the closing bell. Microsoft, which effectively fired the starting gun on this year’s AI frenzy Read more…