TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, February 1. Related: Disney+, Hulu and ESPN+ are making a major change Read more…
Comcast can still use “10G” to describe products and services, so long as it’s being used accurately. | Image: Xfinity Creative Comcast has agreed to abandon its “Xfinity 10G network” product branding after advertising watchdogs Read more…
The ISM Manufacturing Index ticked up to 49.1 in January, handily beating the 47.2 level markets had expected. Four industries reported growth in January, up from one in December. The new orders sub-index flipped to Read more…
Big tech earnings season will continue after the bell Thursday, with Amazon (AMZN) – Get Free Report, Apple (AAPL) – Get Free Report and Meta (META) – Get Free Report all reporting their highly anticipated Read more…
RBA stands pat in December after considering a hike Rate cut bets come forth after weak data and slowing inflation But CPI details may allow officials to keep the tightening door open The decision will Read more…
AUDCAD continues to trim gains, reaches key support level Technical picture reflects oversold conditions AUDCAD erased more than half of its October-December upleg to find support around the November 13 low of 0.8755, which overlaps Read more…
At today’s monetary policy meeting the BoE left the Bank Rate unchanged at 5.25% as widely expected. The BoE explicitly removed its tightening bias and signalled a shift to a more neutral stance on monetary Read more…
Copper prices on the retreat after hitting wall at 50% Fibonacci But head towards breakout from bullish pennant Near-term bias is neutral Copper futures (HGCOP) confirmed the formation of a bullish pennant pattern after failing Read more…
US manufacturing sector, as indicated by ISM Manufacturing PMI, showed signs of resilience in January 2024, slightly missing the mark of expansion. The index climbed from 47.1 to 49.1, surpassing market expectations of 47.7, yet Read more…
Markets The Bank of England kept its policy rate unchanged at 5.25% in a 3-way split with two members (Mann & Haskel) preferring a 25 bps rate increase to 5.5% and one member (Dhingra) voting Read more…