None of the so-called ‘Magnificent 7’ were able to withstand the market pressure from Monday’s session, with moderate losses across the board sending all three major indices into the red. While macro conditions were weighing Read more…
Data and Fed rhetoric prompt investors to increase rate cut bets Dollar’s next major test comes in the form of the US jobs report The data comes out on Friday at 13:30 GMT Dollar bleeds Read more…
Over the last week, the south of Germany and several nearby countries have dealt with days of heavy snowfall. The storm that descended onto Munich over the weekend of December 2-3 blanketed the city in Read more…
US ISM Services PMI rose from 51.8 to 52.7 in November, a touch above expectation of 52.6. Looking at some details, business activity/production rose from 54.1 to 55.1. New orders was unchanged at 55.5. Employment Read more…
Elon Musk’s social media platform X has been facing an exodus of advertisers ever since the billionaire faced backlash for seeming to support an antisemitic post on the app. Amid the backlash, it seems that Read more…
Markets US JOLTS job openings and the services ISM (both still to be published at CET 16:00) and to a lesser extent the ECB consumer expectations survey were supposed to provide some guidance as to Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, December 5th. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – Read more…
Organized retail crime has become one of those vague things that the entire retail industry (save Costco) seems to have pointed to as the villain in their story. This isn’t just a kid stealing a Read more…
PagerDuty’s stock spiked 8% in after-hours trading on Nov. 30, in the wake of third-quarter earnings results that edged close to analyst expectations, stoking a bit of excitement on Wall Street. PagerDuty (PD) – Get Read more…
Southwest Airlines’ boarding policy is divisive. Many of the airline’s frequent flyers love the company’s no-assigned-seating system because they know how to manipulate it. But for people who end up on the airline but don’t Read more…