“Honeywell delivered a strong start to 2022 despite considerable new macroeconomic challenges and the ongoing impact of supply chain constraints,” said CEO Darius Adamczyk. Updated at 7:22 am EST Honeywell (HON) – Get Honeywell International Read more…
The Euro started a fresh decline from the 1.0750 resistance zone against the US Dollar. The EUR/USD pair declined below the 1.0650 level to move into a bearish zone. The price even traded below the Read more…
The euro has bounced back on Friday with strong gains, ending a nasty 6-day losing streak. In the European session, EUR/USD is trading at 1.0565, up 0.64% on the day. German GDP up 4.0% It Read more…
“No further Tesla sales planned after today,” Elon Musk said late Thursday. Tesla (TSLA) – Get Tesla Inc Report shares jumped higher Friday after CEO Elon Musk said he was done selling shares of his clean-energy Read more…
The AUDUSD edges higher on Friday as traders collected profits on oversold conditions after steep six-day fall, with the sentiment being improved by growing expectations for RBA’s 0.15% rate hike. Although reversal pattern is forming Read more…
“Earnings increased modestly, as strong margin improvement and underlying growth was offset by weather and timing impacts,” said CEO Darren Woods. Exxon Mobil (XOM) – Get Exxon Mobil Corporation Report posted weaker-than-expected first quarter earnings Friday, Read more…
“First quarter financial performance saw return on capital employed increase and our balance sheet strengthen further,” said CEO Mike Wirth. Chevron (CVX) – Get Chevron Corporation Report posted better-than-expected first quarter earnings Friday as profits rose Read more…
Stock futures edge lower as big tech earnings whiff; Apple shares slide as supply chain warning clouds Q2 beat; Amazon shares slump after surprise Q1 loss, muted outlook; Intel shares retreat as chip sector bottlenecks Read more…
Eurozone CPI ticked up from 7.4% yoy to 7.5% yoy in April, matched expectations. CPI core rose from 2.9% yoy to 3.5% yoy, above expectation of 3.1% yoy. Looking at the main components of euro Read more…
Eurozone GDP grew 0.2% qoq in Q1, slightly below expectation of 0.3% qoq. Comparing with the same quarter a year ago, Eurozone GDP grew 5.0% yoy. EU GDP grew 0.4% qoq, 5.2% yoy. Among the Read more…