“We successfully delivered across our key strategic priorities and achieved strong top- and bottom-line growth,” said CEO Robert Davis. Merck (MRK) – Get Merck & Co., Inc. Report posted stronger-than-expected first quarter earnings Thursday, while lifting Read more…
“we are well-positioned to help address health challenges in areas of significant unmet medical need, such as obesity, Alzheimer’s disease and cancer,” said CEO David Ricks. Eli Lilly & Co. (LLY) – Get Eli Lilly Read more…
Spot gold fell to 10-week low on Thursday registering a firm break of psychological $1900 level and a marginal close below important technical support at $1890 (Fibo 61.8% of $1780/$2070 / lows of Mar 29 Read more…
This earnings season is offering a repeat of January’s for media giant. Media companies are seeing a lot of earnings reruns lately and they’re offering a cautionary lesson. For instance, after recent disappointing results from Read more…
Stock futures power higher on tech sentiment; dollar nears 20-year peak; Meta shares surge as Facebook user rebound offsets mixed Q1 earnings; Apple shares higher ahead of A2 earnings with iPhone demand in focus; ford Read more…
The USDJPY accelerated sharply higher on Thursday and broke above psychological 130 barrier, to hit 20-year high and test pivotal Fibo barrier at 130.65 (76.4% retracement of 1998/2011 147.68/75.55 downtrend. The Japanese yen is in Read more…
Bitcoin found buyers’ support Wednesday morning after touching levels below $38K, followed by a relatively calm rise to $39.4K as of Thursday morning with a strengthening of 2.4% in 24 hours. Ethereum added 1.4% over Read more…
WTI oil futures are trading around the mid-Bollinger band, which is currently north of the 100.00 border, after the commodity found positive traction prior to reaching the lower Bollinger band. The climbing longer-term 100- and Read more…
Offshore Chinese Yuan’s decline resumes today with USD/CNH hitting as high as 6.637 so far. Earlier this week, PBoC announced to cut the foreign exchange reserve ratio by 100bps from 9% to 8%. That was Read more…
American stocks rose on Wednesday as the earnings season continued. The Dow Jones index rose by 326 points while the Nasdaq 100 and S&P 500 rose by more than 1%. Companies that performed well were Read more…