Walmart’s surprise profit warning has cast a pall over the busiest earnings day of the year Tuesday, with stocks set to open lower as the Fed begins its key rate meeting. U.S. equity futures moved Read more…
Enlarge (credit: Kremlin official photo) Since 2019, Vladimir Putin has supercharged his plan to separate Russia from the global Internet. The country’s sovereign Internet law, which came into force that November, gives officials the power Read more…
The Galaxy S22, now in purple. | Image: Samsung Samsung’s Galaxy S22 is launching in a new purple color today, which is officially called “Bora Purple.” As the company’s press release helpfully points out, “Bora” Read more…
From left to right, the RedMagic 7S Pro’s Supernova, Obsidian, and Mercury colors. | Image: Nubia If you’re the kind of gamer who won’t rest until every last component is equipped with RGB lighting, right Read more…
The British Pound is back above $1.2000, while FTSE100 is knocking on its 200-day moving average from below, testing the 1.5-month high area. The combination of a rising Pound and FTSE deserves attention, as this Read more…
The Australian dollar has edged lower today. AUD/USD is trading at 0.6937, down 0.15% on the day. Markets brace for higher CPI Australia releases second-quarter CPI on Wednesday, with the markets expecting a sharp acceleration Read more…
“We are already taking proactive steps, including reducing discretionary spending and limiting hiring to critical needs and positions that support growth,” said CEO Mary Barra. General Motors (GM) – Get General Motors Company Report posted softer-than-expected Read more…
When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic indicators, some cities are rebounding, and others are not. The U.S. economy Read more…
“The operating environment across the competitive landscape remains challenging,” said CEO Chris Kempczinski. McDonald’s Corp. (MCD) – Get McDonald’s Corporation Report posted better-than-expected second quarter earnings Tuesday as global comparable sales continued to impress even as Read more…
“Our results reflect the actions we’ve taken to execute for growth in the face of challenges in the operating and macroeconomic environment,” said CEO James Quincey. Coca-Cola (KO) – Get Coca-Cola Company (The) Report posted better-than-expected Read more…