Disney added 11.8 million Disney+ subs over its December quarter, a stronger-than-expected total that topped rival Netflix by more than 3.5 million. Walt Disney (DIS) – Get Walt Disney Company Report shares surged higher in pre-market Read more…
Solid revenue gains at Frito Lay helped PepsiCo deliver stronger-than-expected Q4 earnings and a 7% dividend boost. Updated at 6:46 am EST PepsiCo (PEP) – Get PepsiCo, Inc. Report posted stronger-than-expected fourth quarter earnings Thursday, and Read more…
Stock futures flat with inflation, jobless claims in focus; White House braced for further inflation surge; Disney shares rocket after crushing Street streaming ads forecasts; Uber shares surge after Q4 profit, ride sharing rebound and Read more…
European stock markets are continuing cautiously higher on Thursday as we await key inflation data from the US and comments from BoE Governor Andrew Bailey. Inflation and central banks’ response to it remain front and Read more…
WTI crude oil has lost around 3% since the start of the week, bouncing back to $88.4 from $91.2 at the beginning of the week. The observed pullback looks like a technical correction to remove Read more…
Wall Street extends climb out of January pit, but futures ease as CPI data awaited Dollar edges sideways as traders seek direction from US price growth Gold hits two-week high amid uncertainty about inflation and Read more…
The Euro edges higher in European trading on Thursday, signaling an end of a shallow pullback from new three-month high (1.1483). Comments from German Ifo Institute that industrial order backlog is the highest in more Read more…
EURJPY has overcome the three-month high of 132.15, recorded after the price soared in response to ECB President Lagarde’s surprise hawkish tone at the last week’s meeting as the governing council reiterated concern about high Read more…
If US January CPI disfavours the US dollar, EUR/USD could experience a structural shift higher EUR/USD holds its ground EUR/USD is still holding its ground despite increased geopolitical tensions related to the Ukraine and an Read more…
On Wednesday, the cryptocurrency market decided to push and grow amid the rise of US stock indices. The S&P 500 gained 1.5%, while the high-tech Nasdaq gained 2.1%. All this helped Bitcoin shrug off the Read more…