Updated at 7:47 AM EST Eli Lilly (LLY) – Get Free Report posted better-than-expected fourth-quarter earnings Tuesday, while issuing a robust near-term outlook, thanks in part to surging sales of its diabetes and weight-loss treatments, which Read more…
The NFL is now on Amazon and Peacock, Major League Baseball streams games exclusively on Apple TV, and now the WWE is heading to Netflix. Streaming giants are shelling out big bucks for live sporting Read more…
The Reserve Bank of Australia kept its cash rate unchanged at 4.35% for the third consecutive meeting. The markets widely expected the decision, but the tone of the accompanying commentary was more hawkish than the Read more…
Market picture The crypto market remains stable while waiting for further signals. The crypto cap is up 0.4% in 24 hours to $1.64 trillion. Bitcoin is trading at $42.7K – virtually unchanged in 24 hours, Read more…
Eurozone retail sales fell -1.1% mom in December, worse than expectation of -1.0% mom. Volume of retail trade decreased by -1.6% mom for food, drinks and tobacco, by -1.0% mom for non-food products and by Read more…
Image: Cook and Becker Tencent is reportedly working on a free-to-play mobile version of FromSoftware’s 2022 smash hit title Elden Ring. That’s according to Reuters, which cites three people familiar with the company’s plans. The Read more…
ECB’s Consumer Expectations Survey for December highlighted a noteworthy trend in consumer sentiment regarding inflation and economic growth. In a positive development, consumers’ inflation expectations for the next 12 months have decreased for the third Read more…
This morning the Central Bank of Australia decided to keep the interest rate at the same level = 4.35%, as expected. However, RBA management said that further rate hikes cannot be ruled out as inflation Read more…
Traders are closely monitoring Fed speeches, particularly Fed’s Mester speech scheduled for Tuesday, for further insights into monetary policy directions. Additionally, market participants await key economic releases later in the week, including New Zealand’s Unemployment Read more…
Gold loses ground after hitting tough resistance Lacks bullish signals but pattern of higher lows remains intact Gold could not mark a new higher high above January’s tough resistance of 2,065, correcting lower to close Read more…