Canada retail sales dropped -0.5% mom to CAD 61.1B in September. Sales declined in 7 of 11 subsectors, led by sales at gasoline stations (-2.4%) and food and beverage stores (-1.3%). Excluding gasoline and auto, Read more…
The two sports stars were ambassadors and investors for the bankrupt cryptocurrency exchange. The FTX cryptocurrency exchange debacle continues to wreak havoc. FTX was the crown jewel of 30-year-old former trader Sam Bankman-Fried’s cryptocurrency empire. Read more…
The New Zealand dollar has rebounded on Tuesday with strong gains. In the European session, NZD/USD is trading at 0.6151, up 0.83%. Will RBNZ go all out? The Reserve Bank of New Zealand has been Read more…
Stocks are set for a modestly firmer open Tuesday, thanks in part to thin holiday trading volumes and an overnight pullback for the U.S. dollar. U.S. equity futures nudged higher Tuesday, while the dollar retreated Read more…
“Shoppers are responding to our new value proposition at Family Dollar and Dollar Tree as we focus on driving both traffic and store productivity,” said CEO Mike Witynski. Dollar Tree (DLTR) – Get Free Report posted Read more…
“We expect ongoing global macroeconomic factors and currency pressure to weigh on our customers, and as a result, their IT spending intentions,” said CFO Tom Sweet. Dell Technologies (DELL) – Get Free Report shares moved lower Read more…
“We have strategically and effectively managed our inventory flow based on a shopping pattern that we believe looks more similar to historical holiday periods,” said CEO Corrie Barrie. Best Buy Co. (BBY) – Get Free Read more…
Why do the prices of crude and gasoline futures behave differently when they are part of the same energy complex? There are more than 150 types of crude oil, each with their own consistency, chemical Read more…
“We still face the backdrop of a challenging macroeconomic environment,” said CEO Eric Yuan. Zoom Video Communications (ZM) – Get Free Report shares slumped Tuesday after the video conferencing specialists forecast softer-than-expected near-term revenues that clouded Read more…
Market picture Bitcoin went below 15,500 at the end of the day on Monday, rewriting two-year lows, and slightly retreated from those extremes by the start of trading in Europe, trading around 15,700 (-2% in Read more…