“I will be leaving at a time of promise for Biogen, with noteworthy potential for value creation,” said departing CEO Michel Vounatsos. Biogen (BIIB) – Get Biogen Inc. Report shares moved lower Tuesday after the Read more…
Gold and silver have come under increased pressure in the last two weeks. Silver has ten sessions of back-to-back decline, from $25 to $22.5, and is back near the lower end of its trading range Read more…
Copper prices have followed China’s pace of growth. With so many factors affecting copper now, will China continue to be a barometer? Copper prices have risen 125% from their March 2020 lows and have been Read more…
“We continue to supply the world with Comirnaty and we are on track to fulfill our commitment to deliver at least 2 billion doses to low- and middle-income countries,” said CEO Albert Bourla. Updated at Read more…
Musk could be seeking ways to tie up less of his Tesla shares as he secures funding for his planned $44 billion Twitter takeover, Reuters reported late Monday. Tesla (TSLA) – Get Tesla Inc Report and Read more…
Stock futures edge higher amid rate hike bets, heighted volatility; Tesla shares higher on report Musk seeking alternatives to Twitter financing; Logitech shares tumble after Q4 earning miss, sales forecast cut; BP shares leap after Read more…
Eurozone PPI rose 5.3% mom, 36.8% yoy in March, above expectation of 4.9% mom, 36.3% yoy. For the month, industrial producer prices increased by 11.1% in the energy sector, by 2.8% for intermediate goods, by Read more…
Eurozone unemployment rate dropped from 6.9% to 6.8% in March, matched expectations. EU unemployment rate dropped from 6.3% to 6.2%. Eurostat estimates that 13.374m men and women in EU, of whom 11.274m in Eurozone, were Read more…
EURUSD switched to consolidation following the dip to a 5 ½-year low of 1.0470 last week, ranging quietly between the 1.0550 resistance and the 1.0497 support for the fourth consecutive day. The RSI and the Read more…
Gold prices are declining near the new two-and-a-half-month low of 1,853. The price is continuing its move lower after the pullback off the 2,000 psychological mark. If the commodity declines further, immediate support could come from the 200-day Read more…