CEO Ed Bastian said the carrier expects “meaningful full year profitability” after a challenging second quarter. Delta Air Lines (DAL) – Get Delta Air Lines Inc. Report posted softer-than-expected second quarter earnings Wednesday as fuel, staff Read more…
“Musk apparently believes that he, unlike every other party subject to Delaware contract law, is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” the Twitter suit Read more…
Stock futures edge higher as inflation data looms; Core inflation in focus as headline expected to spike to 8.8%; Twitter sues Musk in Delaware for backing out of takeover deal; Gas prices extend declines amid Read more…
Eurozone industrial production rose 0.8% mom in May, well above expectation of 0.2% mom. Production of non-durable consumer goods rose by 2.7%, capital goods by 2.5% and durable consumer goods by 1.4%, while production of Read more…
NZDUSD is trading around the vicinity of 0.6095, that being the 26-month low as the pair failed on its third attempt third attempt to breach this level. Looking to the short-term oscillators, the MACD and the stochastic are promoting negative Read more…
USDJPY geared a bit down after its latest bullish attempt halted at a new 20-year high of 137.76 on Monday. The good news is that the nearby 136.68 region has immediately switched from resistance to support ahead of Read more…
The FTSE 100 weakens as investors remain sensitive to a global downturn. The price action is in a narrowing range between 7020 and 7280 as the bulls strive to hold onto the recent bounce. The Read more…
WTI crude tumbles as traders grow wary of a slowdown in demand. A bearish MA cross on the daily chart indicates a deterioration in sentiment after the price failed to hold above the psychological level Read more…
The New Zealand dollar consolidates as the RBNZ raises its interest rates by 50 basis points. The struggle to clear the supply area around 0.6200 suggests that the sell side still has a firm grip Read more…
Bitcoin was down 5% on Tuesday, ending it at around $19,400 and remaining near that level by the start of European trading. Ethereum has lost 3.3% in the last 24 hours to $1055. Altcoins from Read more…