“Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,’ said Disney chair Sue Arnold. Walt Disney (DIS) – Read more…
Despite high inflation and rapidly increasing interest rates right now, we in this paper argue that many of the structural factors that explain the decline in natural interest rates since the 1970s are still in Read more…
Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker’s global operations. Tesla (TSLA) – Get Tesla Inc. Report shares edged lower Read more…
EURAUD is trying to overcome the 50.0% Fibonacci retracement level of the down leg from 1.6220 to 1.4320 at 1.5270 which halted the bullish movement several times in the preceding sessions. The RSI indicators is Read more…
Repeated failure at the base of a daily cloud and subsequent drop on Tuesday (0.6%) that registered a marginal close below 10DMA (1.0537) generated initial signal of recovery stall, though the action on Wednesday is Read more…
Stock Futures Lower on Recession Concerns; Tesla Shares Slide Amid Reports of California Layoffs; Disney Shares Get Bump As Board Extends CEO Bob Chapek; Pinterest Shares Leap As CEO Ben Silbermann Makes Way For Former Read more…
The manufacturer of premium and high-end electric vehicles became the most profitable American carmaker in the first quarter of 2022. Tesla (TSLA) – Get Tesla Inc. Report leaves only crumbs to its rivals. The automotive industry Read more…
The semiconductor manufacturer is going through a difficult time marked by questions about the demand for its graphics cards. The list of difficulties for Advanced Micro Devices (AMD) (AMD) – Get Advanced Micro Devices Inc. Read more…
Eurozone Economic Sentiment Indicator dropped from 105.0 to 104.0 in June. Employment Expectation Indicator dropped from 112.6 to 110.9. Economic Uncertainty Indicator rose from 23.4 to 24.8. Industry confidence rose from 6.5 to 7.4. Services Read more…
Cleveland Fed President Loretta Mester told CNBC today, “if conditions were exactly the way they were today going into that meeting (in July) — if the meeting were today — I would be advocating for Read more…