Wall Street looks set for a cautious open ahead of key December CPI data that could indicate the fastest inflation rates since 1982. Dow futures nudge higher ahead of December inflation dataHeadline inflation could pass Read more…
BMO Capital analyst Gerrick Johnson says Take-Two’s $12.7 billion takeover of Farmville maker Zynga will allow it to expand its key game offerings in the fast-growing mobile sector. Take-Two Interactive (TTWO) – Get Take-Two Interactive Read more…
Chips slip to start year, but driving forces for industry remain well entrenched. The benchmark PHLX Semiconductor Index (SOX) is in retreat in early 2022, down about 2% through January 11. The index is still Read more…
The Euro trading at the upper side of the near-term range in European trading on Wednesday, after eventually penetrating into thick and falling daily Ichimoku cloud on Tuesday. The action is still holding below pivotal Read more…
Facebook must face the government’s monopoly lawsuit that alleges it has abused its social media dominance to stifle competition, a judge has ruled. Facebook now known as Meta Platforms (FB) – Get Meta Platforms Inc. Read more…
The U.S. Centers for Medicare and Medicaid Services said it will only cover treatment with Aduhelm, Biogen’s Alzheimer’s treatment, if patients are enrolled in a clinical trial. Biogen (BIIB) – Get Biogen Inc. Report shares slumped Read more…
Big names are overcoming supply problems, but concerns continue Real Money’s Kevin Curran says. Retail stocks have come a long way since the early days of the pandemic, with numerous brand names attracting investor interest Read more…
Stock futures nudge higher ahead of key inflation reading; December CPI may surge past 7%, but core prices could signal peak; oil extends gains to pre-Omicron levels; Biogen shares slump as Medicare limits Alzheimer’s Drug Read more…
Powell signals rate hikes and balance sheet runoff but yields hold steady Nasdaq extends recovery, global stocks also rally Dollar steadier after tumble as focus shifts to US CPI data Powell gets serious about taming Read more…
NZDUSD has been consolidating for around one-month now as downward pressures diminished after recording a 13½-month low of 0.6700. The pair has been finding support lately from the lower Bollinger band and the 0.6734 level, Read more…