Meta’s Mark Zuckerberg opens about plans for Instagram and NFTs at the SXSW conference. Last October, Facebook Chief Executive Mark Zuckerberg told the world that the social media giant was going to be rebranded and reborn Read more…
The parent of coffee retailer and coffee-bar operator Black Rifle Coffee swung to a fourth-quarter loss from a year-earlier profit as inflation lifted costs BRC Inc., (BRCC) – Get BRC Inc Class A Report the parent Read more…
A kink in the iPhone production setup seems to have been fixed, in parts. Chances are if you’re an Apple (AAPL) – Get Apple Inc. Report loyalist then, you’ve potentially already placed preorders for Apple’s latest Read more…
Retail sales continued to make progress with an increase of 0.3% month-on-month (m/m), just a notch below the consensus estimate for an increase of 0.4%. January’s reading was revised up by a more than a Read more…
Consumer price inflation accelerated to 5.7% year-on-year (y/y) in February, up from 5.1% in January, ahead of the consensus forecast for 5.5% and the highest rate in over 30 years. Energy price growth accelerated to Read more…
US stocks are pointing to a strong open as hope of a truce in Ukraine grow, as Beijing pledges more support to the economy and ahead of the Fed rate decision. US futures Dow futures Read more…
Dollar remains sluggish ahead of crucial FOMC decision The US dollar is extending yesterday’s retreat despite the minor uptick in US Treasury yields, while attention is now shifting to the outcome of the Fed’s monetary Read more…
Daily Pivots: (S1) 1.0914; (P) 1.0967; (R1) 1.1008; More… Intraday bias in EUR/USD remains neutral as range trading continues. Further decline is still expected with 1.1120 support turned resistance intact. On the downside, firm break Read more…
Activists turned up the heat on struggling retailer Kohl’s Wednesday as reports suggest another buyer may emerge for the department store icon. Updated at 10:17 am EST Kohl’s (KSS) – Get Kohl’s Corporation Report shares moved Read more…
Daily Pivots: (S1) 1.2998; (P) 1.3044; (R1) 1.3087; More… GBP/USD is staying in consolidation from 1.2999 and intraday bias remains neutral. Further decline is expected as long as 1.3193 resistance holds. On the downside, below Read more…