Tomorrow’s data could not only be the most important this week, but for the whole month. As we anticipated in Friday’s NFP podcast, there is a lot riding on US inflation data. That is particularly Read more…
Following last week’s blistering jobs report out of the United States, investors will be turning their attention to Wednesday’s July inflation figures as bets of a 75-basis-point rate hike in September are back on. However, Read more…
In the European session, the Australian dollar is trading at 0.6991, up 0.10% on the day. This follows massive gains on Monday, when AUD/USD soared 1.04% and briefly pushed above the symbolic 70 level. The Read more…
“In FQ1, bit shipments are now expected to decline sequentially, and we expect significant sequential declines in revenue and margins,” Micron said. Micron Technology (MU) – Get Micron Technology Inc. Report shares slumped lower Tuesday after Read more…
Suggestions of a Reddit-fueled short-squeeze have shares in struggling home retailer Bed, Bath & Beyond back on the move Tuesday. Bed, Bath & Beyond (BBBY) – Get Bed Bath & Beyond Inc. Report shares extended their Read more…
“I believe we were late to the market and US vaccination was driven by what was available and shown to work,” said Novavax CEO Stanley Erck. Novavax (NVAX) – Get Novavax Inc. Report shares plunged lower Read more…
Tesla sold just over 28,000 China-made cars last month, an industry lobby group said Tuesday. Tesla (TSLA) – Get Tesla Inc. Report shares edged higher Tuesday following data from China indicating a steep decline in July sales Read more…
Stock futures edge higher with inflation data in sight; Tesla nudges higher despite China sales slump; Boeing moves higher on 787 Dreamliner delivery report; Novavax plummets after slashing vaccine sales forecasts and Take-Two Interactive slides Read more…
BoE Deputy Governor Dave Ramsden said in a Reuters interview, “for me personally, it’s more likely than not that we will have to raise Bank Rate further. “But I haven’t reached a firm decision on Read more…
The precious metals are recapturing critical levels one after another, claiming a reversal to the upside after a two-year bearish trend. Silver made quite a move up on Monday, gaining over 4%. Palladium closed the Read more…