“We are in touch with law enforcement and will post additional updates here as they become available,” Uber said. Uber Technologies (UBER) – Get Uber Technologies Inc. Report shares slumped lower Friday after it confirmed a Read more…
GBPUSD corrected forcefully to the downside early on Friday, breaking below the critical 1.1400 pandemic low, where the bears halted the 2022 downtrend on September 7. The MACD is extending its bearish wave below its Read more…
China’s data package released this morning exceeded expectations in countering the worsening market sentiment. Official data showed a 5.4% y/y rise in retail sales in August compared to the expected 3.8%. The retail sector has Read more…
The British pound continues to lose ground after a brutal retail sales report. The pound dropped as low as 1.1350 earlier today, its lowest level since March 2020. GBP/USD is trading at 1.1373 in the Read more…
Eurozone CPI was finalized at 9.1% yoy in August, up from 8.9% yoy in July. A year earlier, the rate was only 3.0% yoy. CPI core (all item ex-energy, food, alcohol and tobacco) was finalized Read more…
GE CFO Carolina Dybeck Happe cautioned late Thursday that supply chain disruptions could trim the industrial group’s cashflow forecasts. General Electric (GE) – Get General Electric Company Report shares slumped lower in pre-market trading after the Read more…
Credit: Kaitlyn Cimino / Android Authority Many of us use our phones while in bed, be it to browse the web, read an ebook, or check our social media and messaging feeds. But sleeping with Read more…
“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S,” said CEO Raj Subramaniam. FedEx (FDX) – Get FedEx Corporation Report shares plunged lower Friday after the world’s Read more…
As a system evolves, abstractions should arise from current needs, not future possibilities. Read more
Stock futures slump on recession worries; Consumer sentiment data in focus amid sticky inflation; FedEx shares plunge after pulling profit forecast; General Electric slumps on supply chain, cash flow caution and Uber skids after confirming Read more…