“Our strong results reflect growth of our in-line and new product portfolios,” said CEO Giovanni Caforio. Bristol Myers Squibb (BMY) – Get Bristol-Myers Squibb Company Report shares moved higher Wednesday after it posted better than-expected third Read more…
The Bank of Canada today increased its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is also continuing its policy of quantitative Read more…
The company will recall more than 7,500 pounds of Italian pork sausage, says the Food Safety and Inspection Service. Bob Evans Farms Foods announced today that it is recalling its Italian pork sausage items that Read more…
Facebook has already lost $16 billion related to the metaverse, which is bad for the whole industry. The metaverse — at least as Mark Zuckerberg as perceived and is developing it — has become a laughingstock. This Read more…
Daily Pivots: (S1) 147.28; (P) 148.19; (R1) 148.86; More… USD/JPY is extending the consolidation from 151.93 and intraday bias stays neutral. In case of another fall, downside should be contained by 38.2% retracement of 130.38 Read more…
Daily Pivots: (S1) 0.9913; (P) 0.9972; (R1) 1.0005; More… USD/CHF’s fall from 1.0146 extends lower today but stays above 0.9779 support. Intraday bias remains neutral first. On the upside, break of 1.0146 will resume larger Read more…
Daily Pivots: (S1) 1.1328; (P) 1.1413; (R1) 1.1558; More… GBP/USD’s rise from 1.0351 resumed by breaking through 1.1494 resistance. Intraday bias is now on the upside for 61.8% projection of 1.0351 to 1.1494 from 1.0922 Read more…
After ad-revenue reversals from Snap and Alphabet, Meta is up to bat. If history repeats , this could be a powerful bearish trading opportunity. (GOOG) – Get Alphabet Inc. Report, (MSFT) – Get Microsoft Corporation Read more…
The pound has extended its gains and has gained 2.3% this week. In the European session, GBP/USD is trading at 1.1581, up 0.75% on the day. Sunak delays budget Incoming UK Prime Minister Rashi Sunak Read more…
As market digest earnings from Alphabet, Microsoft and Boeing, watch the latest market news and analysis live at the Wall Street open. Watch TheStreet’s Market Open: Stock Market Today: Big Tech Warning Pounds Nasdaq, Dow Read more…