A solid 2022 outlook, including free cash flow of around $10.25 billion, added to IBM’s stronger-than-expected fourth quarter earnings late Monday. International Business Machines (IBM) – Get International Business Machines Corporation Report shares jumped higher in Read more…
Johnson & Johnson topped the Street’s Q4 earnings forecast, but fell modestly shy on revenues even as it sees Covid vaccine sales rising to $3.5 billion this year. Johnson & Johnson (JNJ) – Get Johnson Read more…
The escalation of US-Russian tensions over Ukraine and hawkish Feds policy is worrying for investors which are moving into cash. We see a sharp sell-off on the stock market which may try to stabilize, but Read more…
A weaker-than-expected 2022 earnings outlook, and softer Q4 revenues have GE stock trading sharply lower Tuesday. General Electric (GE) – Get General Electric Company Report posted stronger-than-expected fourth quarter earnings Tuesday, but fell short of revenue Read more…
Stock futures trade lower after last night’s stunning late-session rally; IBM shares leap after solid Q2 earnings, cloud revenue outlook; Microsoft earnings to put gaming, cloud divisions in focus; Tesla moves closer to investment grade Read more…
In an interview with Verslo žinios, ECB Chief Economist Philip Lane said, “in the near term, there are some risks from the Omicron variant. But I think it’s increasingly clear that the impact is only Read more…
GBPUSD has retraced nearly 50 percent of the three-week rally that began around the 1.3200 handle, but negative forces are diminishing as the drop approaches the lower Bollinger band at 1.3428. The longer-term simple moving Read more…
WTI futures have been trading slightly below the long-term ascending trend line over the last few sessions, remaining within the Ichimoku cloud. The RSI indicator is flattening beneath the 50 level, while the MACD oscillator Read more…
Wall Street bounces back but futures, Asia sink again; mood brighter in Europe Dollar and yen hold firm as Fed angst and geopolitical risks keep havens in demand Earnings and US consumer confidence gauge may Read more…
The Australian dollar is flat on Tuesday, trading quietly at 0.7140 in the European session. Q4 inflation higher than expected Inflation remains on the move, as fourth-quarter CPI beat expectations. CPI climbed 1.3% q/q (1.0% Read more…