Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%. Target (TGT) – Get Target Corporation Report shares moved higher Thursday after the retailer boosted its quarterly dividend Read more…
CVS Health (CVS) – Get CVS Health Corporation Report shared nudged higher Thursday after the group reiterated its full-year profit outlook ahead of a series of investor meetings scheduled for the remainder of June. CVS said Read more…
A big rebound in May China sales, an upgrade from UBS and some dip-buying from Cathie Wood has Tesla stock on the move Thursday. Tesla (TSLA) – Get Tesla Inc. Report shares moved firmly higher Thursday Read more…
The British Pound is retreating for a second day, returning below the 1.25 level, failing to build on the positive momentum at the start of the week. The pressure appears to be driven by rising Read more…
Stock futures cautiously higher as inflation grips markets; Tesla shares higher on solid China sales data, UBS boost; Twitter reportedly offers ‘firehose’ of Tweet data to Elon musk; SEC unveils plans to overhaul payment for Read more…
Cryptocurrency trading platform is in the spotlight as its CEO and founder’s fortunes dwindle. It’s been a bad start to the week for Binance, the world’s largest cryptocurrency exchange by volume. The platform is the Read more…
US Inflation may have softened to a degree in April, but traders really want to see further evidence that inflation is pointing lower to call ‘peak inflation’ with more confidence. We knew going into last Read more…
Bitcoin was down 3.7% on Wednesday, ending the day near the $30.2K level, which it remains near on Thursday morning. The overall subdued sentiment towards cryptocurrencies coincided with a pullback in stock indices. However, the Read more…
WTI oil futures (July delivery) extended their series of higher highs up to $123.15 on Wednesday before easing a bit – the highest in three months – aiming to mark a fourth consecutive week of Read more…
WTI crude finds support from tight spare capacity. A close above the recent peak at 119.20 has put the price action back on track after a short-lived retracement. The former resistance at 117.30 has turned Read more…