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Month: October 2023

Cryptocurrencies

Stocks slide, Powell speech in focus, Tesla slumps, Netflix soars, AT&T beats – Five Things To Know

Five things you need to know before the market opens on Thursday October 19: 1. — Stock Market Today: Treasury bond rout extends Wall Street slump; Powell speech in focus Stocks are struggling to fight through Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

Netflix surges as price hikes, subscriber growth add to stream earnings optimism

Netflix  (NFLX) – Get Free Report shares soared higher in early Thursday trading after the streaming service added nearly 9 million new subscribers over the third quarter, and unveiled a series of new price hikes, as it Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

Tesla slumps as Musk warns on growth, Cybertruck potential after Q3 earnings miss

Updated at 7:18 am EDT Tesla  (TSLA) – Get Free Report shares slumped lower in early Thursday trading after the carmaker posted disappointing third quarters earnings and cautioned that its Cybertruck will likely weigh on cash Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

AT&T jumps after 13 earnings beat, cash-flow boost from iPhone promotion effortsAT&T jumps after Q3 earnings beat, cash-flow boost from iPhone promotion efforts

Updated at 7:36 am EDT AT&T Inc.  (T) – Get Free Report posted better-than-expected third quarter earnings Wednesday, while lifting its full-year free cash flow forecast and profit growth forecasts, as its aggressive moves to win Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

AT&T jumps after 13 earnings beat, cash-flow boost from iPhone promotion efforts

AT&T Inc.  (T) – Get Free Report posted modestly better-than-expected third quarter earnings Wednesday, while lifting its full-year free cash flow forecast and profit growth forecasts, as its aggressive moves to win new Apple iPhone customers Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

Reality Has Started to Sink in for Richly Valued US Long-Duration and Growth Equities

Rising geopolitical risk premium may override the historical positive seasonality in the S&P 500 for the months of October and November. The US 10-year Treasury yield is now just a stone-throw away from 5.20% and Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

GBP/USD: Break of Pivotal Supports Risks Further Weakness

Fresh leg lower extends into third straight day, with increasing downside risk seen after break of pivotal supports at 1.2170/22 (trendline support / Oct 13 former higher low). Close below 1.2122 to confirm signal and Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

Powell speech, set amid surging Treasury yields, may clarify ‘higher for longer’ message

Federal Reserve Chairman Jerome Powell will make his final public appearance before next month’s rate-setting meeting in New York Thursday amid one of the most aggressive bond market routs in years and renewed concern that Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

Stock Market Today: Treasury bond rout extends Wall Street slump; Powell speech in focus

U.S. equity futures extended declines Thursday amid the most aggressive bond market sell-offs in more than a year as investors recalibrate markets for higher interest rates while adopting a defensive tone alongside the simmering conflict Read more…

By , 3 years ago October 19, 2023
Cryptocurrencies

WTI Oil Futures Await Green Light from 88.50

WTI oil retains upward move Bulls may retry push higher, but resistance still nearby WTI oil futures could not sustain strength above June’s broken support trendline at 87.50 on Wednesday despite a flash spike to 88.55. Read more…

By , 3 years ago October 19, 2023

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