Brent lost 7.7% to $106.4 on Monday on fears of a drop in demand due to a lockdown in Shanghai, China’s financial hub. In addition, the Saudi and Yemeni cease-fire and the upcoming Ukraine-Russia talks Read more…
Analysts are looking for data center sales to offset flat PC demand in Micron’s second quarter earnings, which will come after the close of trading Tuesday. Micron Technology (MU) – Get Micron Technology, Inc. Report shares Read more…
Shipping container costs have increased 6-fold in 18 months. A market is emerging for cargo loaders, liners and others to manage price risk. The shipping container markets were developed in 1956 by American entrepreneur Malcolm Read more…
COO Raj Subramaniam will replace FedEx’s iconic leader Fred Smith as head of the world’s biggest package delivery group later this year. FedEx (FDX) – Get FedEx Corporation Report shares jumped higher Tuesday after the world’s Read more…
BTC is up 4% on Monday, ending the day around $48K, and corrected by about 1% to $47.5K on Tuesday morning. Ethereum was up 1.8% in the last 24 hours to $3.4K. Among the leading Read more…
EURJPY pulled back to close at 135.93 on Monday after its aggressive rally topped at an almost seven-year high of 137.52 on Monday. The price is trying to regain some ground today, but the 2018 Read more…
Even if you like a company and its management, you have to be prepared to unload shares when opportunities arise, Real Money Columnist Stephen ‘Sarge’ Guilfoyle argues Recent financial results from a major retailer prompted Read more…
GBPUSD’s negative bearing has been rekindled after the 1.3270-1.3300 resistance band curbed advances, which began from the recorded 16-month low of 1.3000. The falling simple moving averages (SMAs) suggest that the intensity of the downward Read more…
The Japanese yen has stabilized on Tuesday, after starting the week with sharp losses. USD/JPY is trading at 123.60 in the European session. Yen flirts with 125 line The yen took investors on a wild Read more…
There has seldom been a more perfect ‘wall of worry’ for markets to climb. The U.S. stock market continues to remain stable at the open of the week. That trend of being “sticky to the Read more…