Transcript: CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is digesting the latest inflation report after the producer price index showed wholesale prices Read more…
Illustration: The Verge AT&T revealed Friday morning that a cybersecurity attack had exposed call records and texts from “nearly all” of the carrier’s cellular customers (including people on mobile virtual network operators, or MVNOs, that Read more…
Daily Pivots: (S1) 1.0829; (P) 1.0864; (R1) 1.0904; More…. No change in EUR/USD’s outlook and intraday bias stays on the upside for retesting 1.0915 resistance. Decisive break there will resume whole rally from 1.0601 and Read more…
Daily Pivots: (S1) 1.2858; (P) 1.2903; (R1) 1.2960; More… Intraday bias in GBP/USD remains on the upside for the moment. Decisive break of 61.8% projection of 1.2298 to 1.2859 from 1.2612 at 1.2959 would prompt Read more…
Intuit (INTU) , the parent company of TurboTax and Credit Karma, has just made a harsh decision that confirms a major fear workers have about artificial intelligence across the nation. In a memo to employees, Intuit Read more…
Daily Pivots: (S1) 0.8919; (P) 0.8961; (R1) 0.9007; More… No change in USD/CHF’s outlook as further decline is expected with 0.9000 resistance intact. Deeper decline would be seen to 0.88825 support. Fall from 0.9223 should Read more…
Daily Pivots: (S1) 156.97; (P) 159.37; (R1) 161.30; More… No change in USD/JPY’s outlook. Deeper decline is expected with 160.25 support turned resistance intact. Fall from 161.94 is seen as corrective the five-wave rally from Read more…
Dollar is under some selling pressure in early US session despite stronger-than-expected PPI readings. However, downside momentum of the greenback is relatively limited. The post-CPI selloff yesterday did not gain significant traction, partly because stock Read more…
US PPI for final demand rose 0.2% mom in June, slightly above expectation of 0.1% mom. PPI rose 2.6% yoy for the 12 months ended in June, above expectation of 2.2% yoy. That’s also the Read more…
Stock futures on Friday were mixed as second-quarter earnings season kicks off with reports from the major banks and as investors awaited a follow-up on the inflation outlook from the wholesale price index for June. Read more…