Cable regained traction on Tuesday on renewed risk appetite and returned back above 1.15 handle, signaling that a shallow pullback from new multi-week high (1.1645) might be over. Quick changes in a view of Fed’s Read more…
The new owner of the social network is looking for a business model to make the platform profitable. The new Twitter is emerging. Since finalizing the $44 billion deal giving him control of the social Read more…
“Even as the macroeconomic environment remains uncertain, Uber’s core business is stronger than ever,” said CEO Dara Khosrowshahi. Uber Technologies (UBER) – Get Uber Technologies Inc. Report shares surged higher Tuesday after the riding hailing group Read more…
“Our COVID-19 franchises will remain multi-billion-dollar revenue generators for the foreseeable future,” said CEO Albert Bourla. Pfizer Inc. (PFE) – Get Pfizer Inc. Report shares leapt higher Tuesday after the drugmaker posted stronger-than-expected second quarter earnings, Read more…
The next few days promise to be eventful and potentially volatile for financial markets thanks to key economic reports from major economies, corporate earnings, and crucial central bank meetings. November has already kicked off on Read more…
The US 500 stock index (cash) has been building a pattern of higher highs and higher lows since its 2021 downtrend stalled at an almost two-year low of 3,489 in mid-October. With the price trading Read more…
“It’s time for these companies to stop war profiteering, meet their responsibilities in this country and give the American people a break,” said President Biden President Joe Biden has taken another short across the bow Read more…
GBPUSD has been in a prolonged downtrend since the beginning of the year, plummeting to an all-time low of 1.0324 in mid-September. Although the pair has been in a recovery mode since then and lately crossed above Read more…
UK PMI Manufacturing was finalized at 46.2 in October, down from September’s 48.4. That’s the lowest level in 29 months, and the reading has been below 50 mark for three consecutive months. S&P Global noted Read more…
Stock futures higher as dollar retreats, Fed in sight; Toyota slides as world’s biggest carmaker cuts 2023 profit guide; President Biden threatens ‘windfall tax’ on big oil profits; AMD higher ahead of Q3 earnings amid Read more…