Governing Council member of the ECB Klaas Knot said that the ECB should raise interest rates in July by 25bps, but a 50bps hike should not be excluded if data suggest that inflation is rising. Read more…
Short Term View in EURJPY suggests cycle from 04.21.2022 peak is completed as a 3 waves zig zag Elliott Wave Structure. Down from April 21 peak, wave (A) ended at 134.75 and rally in wave Read more…
Jim Cramer says if the good news keeps coming in, investors can look for this rally to run. There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money Read more…
Latest job cuts follow disappointing financial results and subscriber losses. Netflix has moved to lay off about 150 employees as the streaming giant continues to confront a significant post-pandemic hangover. The cuts come as Netflix Read more…
The billionaire has become the hero of a new generation of investors who want to disrupt the system. Elon Musk makes the news. He is everywhere. The chief executive officer of premium electric vehicle maker Read more…
Walmart missed earnings by a big margin and fuel costs were a big part of that miss. Walmart (WMT) – Get Walmart Inc. Report had a rough day in the market after dropping its first quarter Read more…
Volkswagen’s plans for Scout have U.S. dealers worried. Volkswagen (VWAGY) – Get Volkswagen AG Report has big plans for the revived Scout electric pick-up and SUV, but dealerships in the U.S. might be feeling a little Read more…
CEO Bob Chapek has reportedly laid down some ground rules for what ads Disney’s streaming service will accept. In a recent earnings call, Disney CEO Bob Chapek confirmed what’s been obvious for a while. Everyone Read more…
Cadillac, the premium brand of the legacy carmaker, goes on the offensive in the electric market. Say this much for Cadillac: they ain’t thinking small. The General Motors’ (GM) – Get General Motors Company Report premium Read more…