Eurozone retail sales dropped -3.0% mom in December, much worse than expectation of -0.5%. Retail trade decreased by -5.2% for non-food products and by -0.3% for food, drinks and tobacco, while it increased by 0.1% Read more…
Major auto companies are going all electric, while reimagining their most beloved brands as environmentally friendly. And you thought you might never see them again. Several vehicles who made their names back in the glory Read more…
Pinterest followed Snap in navigating its way around Apple privacy changes to grow its advertising sales even as its monthly active user base continues to decline. Pinterest (PINS) – Get Pinterest, Inc. Class A Report shares Read more…
Solid sales for cancer and blood clot treatments helped Bristol-Myers posted stronger-than-expected fourth quarter earnings Friday. Bristol Myers Squibb (BMY) – Get Bristol-Myers Squibb Company Report posted stronger-than-expected fourth quarter earnings Thursday, while repeating its financial Read more…
EURAUD is surging to a fresh four-month highs around 1.6175, jumping above the symmetrical triangle with strong momentum. The technical indicators are feeding prospects for a possible positive trade; the RSI is holding well above 50, while the MACD continues to Read more…
The euro has posted slight gains in the European session, as it trades around 1.1450. Thursday was an absolute barn-burner, as EUR/USD surged 1.18%, its best one-day performance since December 2020. Lagarde beats a retreat Read more…
Amazon threw tech stocks a life-line late Thursday as its cloud division helped deliver stronger-than-expected fourth quarter earnings and it unveiled a 17% increase in its annual Prime membership costs. Amazon (AMZN) – Get Amazon.com, Read more…
Snap said it was able to transition from Apple’s privacy changes ‘more quickly’ than expected, helping it boost Q4 sales and user growth in its message app business. Snap (SNAP) – Get Snap, Inc. Class Read more…
Stock futures mixed ahead of January jobs report; Amazon shares rocket after Q4 earnings beat, Prime price hike; Ford shares slide as supply chain woes clip Q4 earnings; Snap soars as app maker transitions from Read more…
UK PMI Construction rose from 54.3 to 56.3 in January, above expectation of 54.3. Markit said the sector gained momentum after subdued end to 2021. Commercial activity helped to offset weaker rise in house building. Read more…