Tech giants Microsoft and Google have just taken additional hard decisions ahead of their earnings reports. The second-quarter corporate-earnings season is in full swing. And Big Tech, wanting to avoid unpleasant surprises, isn’t waiting to tell investors how Read more…
Three men were charged in what authorities said was the first cryptocurrency insider trading case. A former Coinbase (COIN) – Get Coinbase Global Inc Report employee and two other men were arrested and charged in what Read more…
AT&T stock is down on its earnings report but is making some significant moves on the chart. Here’s how to trade it now. AT&T (T) – Get AT&T Inc. Report seemingly can’t catch a break. The Read more…
Technology stocks have slumped this year, with the S&P 500 IT index falling 21%. Bank of America lists some picks among them. Technology stocks have spit the bit this year, with the S&P 500 Information Read more…
Tesla stock is rallying on earnings and the upside levels are now quite defined. Here’s how to trade it from here. Tesla (TSLA) – Get Tesla Inc. Report shares were relatively muted premarket Thursday, up a Read more…
Will Carnival Cruise Lines and Royal Caribbean International follow? Since the major cruise lines resumed sailing from U.S. ports, they largely have required that all passengers take covid tests no more than two days before Read more…
Dearborn automaker CEO Jim Farley wants to reduce the cost structure and focus on electric vehicles. Ford Motor (F) – Get Ford Motor Company Report should be making some big announcements soon. The veteran vehicle maker is Read more…
The European Central Bank increased its key rate by 50 points to 0.50%. This is more than average analyst forecasts, based mainly on old comments from Bank members. However, rumours of a more decisive move Read more…
Summary The European Central Bank (ECB) joined the global rate hike cycle at today’s announcement, delivering a larger-than-expected 50 bps Deposit Rate increase, to 0.00%. The ECB said a further normalization of interest rates would Read more…
As mentioned earlier, there was a great deal of uncertainty over whether the European Central Bank would opt for a 25- or 50-basis point rate hike today, which meant that the euro would move sharply based on Read more…