Rivian Automotive RIVN shares jumped higher in pre-market trading Wednesday after the EV truckmaker defied industry concerns for a pullback in demand with upgrade production rates and an improved profit forecast. Amazon-backed AMZN Rivian, which makes electrified Read more…
ECB Chief Economist Philip Lane indicated that although there is “some progress” in mitigating underlying inflationary, he is not fully convinced of the sufficiency of these efforts to date. “This is why we are in Read more…
ECB’s latest Consumer Expectations Survey has provided a snapshot of the current economic mood, characterized a heightened anticipation of inflation pressures in the near term juxtaposed with a more pessimistic outlook on economic growth. The Read more…
U.S. equity futures nudged modestly lower Wednesday, following on from the longest winning streak for major stock benchmarks in more than two years, as markets continue to track moves in Treasury bond yields ahead of Read more…
Eurozone retail sales volume fell -0.3% mom in September, worst than expectation of -0.2% mom. Volume of retail trade decreased by -1.9% for non-food products and by -0.9% for automotive fuels, while it increased by Read more…
Image: JUNG YEON-JE/AFP via Getty Images Samsung has started to detail its own generative AI model, Samsung Gauss, that can run locally on devices. Korea Times reports that Gauss will be integrated into the next Read more…
Image: JUNG YEON-JE/AFP via Getty Images Samsung has started to detail its own generative AI model, Samsung Gauss, that can run locally on devices. Korea Times reports that Gauss will be integrated into the next Read more…
Image: JUNG YEON-JE/AFP via Getty Images Samsung has started to detail its own generative AI model, Samsung Gauss, that can run locally on devices. Korea Times reports that Gauss will be integrated into the next Read more…
NZDUSD attempts to rebound from its 2023 lows Gets rejected at 0.6000 but 50-day SMA provides support Momentum indicators remain cautiously tilted to the upside NZDUSD has been in a steady downtrend throughout 2023, posting a fresh Read more…
USDJPY enters 150 territory again, above SMAs Technical signals mixed; 2023 uptrend well intact USDJPY is looking to resume its bullish trend ahead of Powell’s speech, having softly pivoted near the 149.30 level at the Read more…