U.S. air travelers are likely to face more turbulence as carriers around the world cancel flights in and out of the country following the initial rollout of 5G networks. U.S. air travelers are likely to Read more…
Dow component UnitedHealth Group posted better-than-expected Q4 earnings as its Optum division continues to impress. UnitedHealth Group (UNH) – Get UnitedHealth Group Incorporated Report posted stronger-than-expected fourth quarter earnings Wednesday as its healthcare solutions division Optum once Read more…
Stock futures edge higher but inflation pressures linger; Ford books $8.2 billion Q4 gain from Rivian investment; 5G rollout pause fails to stop flight cancellations; AMSL boosts chip stocks with bullish 2022 outlook and New Read more…
Stocks remain under pressure as traders position for Fed hikes Dollar outperforms, yen benefits from risk aversion, euro hammered Oil prices keep going, Canadian inflation stats in the spotlight All about the Fed Bets that Read more…
Gold has fairly flatlined around the Ichimoku clouds’ upper band, where the 50- and 100-period simple moving averages (SMAs) are also residing. Directional momentum seems to have dried up even though the SMAs are endorsing Read more…
After falling over 1% since late last week, the New Zealand dollar is in positive territory on Wednesday. NZD/USD is trading at 0.6785 in the European session, up 0.19% on the day. ANZ says RBNZ Read more…
Rick Muncrief sees latest acquisition driving growth, with fresh assets in key oil regions. What is the key to Devon Energy’s (DVN) – Get Devon Energy Corporation Report recent stock market success? CEO Rick Muncrief told Read more…
EURCHF has continued its downward trend, marking yet more lower highs and lower lows as negative forces linger. Moreover, the pair is currently trading below its 50- and 200-day simple moving average, reflecting an overall bearish Read more…
American stocks declined sharply on Tuesday after relatively weak results from some of the biggest companies in the US. For example, Goldman Sachs reported that its total earnings declined by 13% while its revenue fell Read more…
Asian stocks, US and European futures extend losses Tech stocks retreat as Treasury yields surge Markets fear the Fed will be more aggressive in quelling inflation Brent futures hit new 7-year high but technical pullback Read more…