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Bitcoin, ether trade below ‘maximum pain’ levels ahead of $2.7b options settlement
While bitcoin (BTC) and ether (ETH) have chalked out moderate gains in the past 24 hours, prices remain well below levels that are likely to inflict �...
August 24, 2023, 6:29 am
Nvidia eps /revenues beat estimates. eps $2.70 vs $2.09 est. rev $13.507b vs 11.224b est.
EPS $2.70 versus estimate of $2.09 Revenue $13.51B versus estimated $11.224BRevenue of $16B estimate for next quarter vs $12.1B estimateBreaking down ...
August 23, 2023, 8:22 pm
Eur/usd: the jackson hole dollar playbook
2-year Treasury yield rises 3.7bps to 4.979% (supports Fed’s higher for longer push) Dollar softens a...
August 21, 2023, 2:24 pm
On steps up outlook as sales soar
Swiss sportswear brand On has increased its outlook for net sales to reach at least 1.76bn Swiss Francs (£1.5...
August 17, 2023, 7:29 am
A look at the economic calendar for august 11
NZD (New Zealand Dollar)6:30pm: BusinessNZ Manufacturing Index - 47.56:45pm: FPI m/m - 1.6%GBP (British Pound Sterling)2AM: GDP m/m - 0.2% (Previous: ...
August 10, 2023, 8:19 pm
Wework shares drop 5.5% in pre-trade after warning over future
WeWork Inc (NYSE:WE) shares dropped 5.5% in pre-trading in New York, reflecting the company's uncertain future. Currently valued at $450m, the office...
August 9, 2023, 8:28 am
Wework goes from a $47b valuation to ‘subtantial doubts' about its ability to ‘continue as a going concern'
WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt...
August 8, 2023, 6:25 pm
Campbell soup buys rao's sauce maker for $2.7b
Campbell Soup announced Monday it will buy Sovos Brands for $2.7 billion, or $23 per share. Sovos's portfolio includes Rao's pasta sauce and Michael A...
August 7, 2023, 12:05 pm
Warner bros. discovery q2 results hit by ‘the flash' and soft ad climate, but free cash flow doubles to $1.7b
Warner Bros. Discovery reported spotty financial results in the second quarter, but delivered better-than-expected free cash flow. The company posted ...
August 3, 2023, 7:17 am
London stock exchange has cost questions to answer with interims
London Stock Exchange's interims next Thursday will see investors focused on costs, says UBS. Analysts at the Swiss bank expect them to come in at £1...
July 28, 2023, 9:13 am
Cadbury owner treats investors as dividends and sales rise
Cadbury and Oreo owner Mondelez (NASDAQ:MDLZ) provided investors with a treat on Friday after it lifted dividends and reported that organic sales grew...
July 28, 2023, 3:56 am
Santander uk deposits dip as savers vote with feet
Santander UK saw an exodus of savers in the first half of 2023 even though it offers some of the best rates of the so-called major high street lenders...
July 26, 2023, 9:32 am
Snapchat takes a beating following dour third-quarter forecast
Snap Inc (NYSE:SNAP)'s second quarter was a bad one in nearly every metric. Year on year, the social media app's top-line revenues fell 4% to US$1.0
July 26, 2023, 7:41 am
Lloyds faces gathering storm clouds as bad debt provisions mount
Lloyds Banking Group PLC (LSE:LLOY) shares slipped as analysts warned of gathering clouds ahead for the UK's largest lender after a jump in bad debt p...
July 26, 2023, 7:06 am
Rio tinto cuts dividend 34% as profits fall
Rio Tinto PLC (LSE:RIO) shares fell 2.5% in early trading after thge interim dividend was cut 34% as profits fell more than expected in the first half...
July 26, 2023, 4:11 am
Lloyds banking group raises outlook after first-half profit jumps
Lloyds Banking Group PLC (LSE:LLOY) raised its outlook for 2023, and boosted the dividend, after delivering strong growth in first-half profits. In th...
July 26, 2023, 2:47 am
Forexlive european fx news wrap: slow day for markets, new pboc governor appointed
Headlines:China appoints Pan Gongsheng as new PBOC governorEurozone firms' demand for credit falls to lowest on record in Q2 - ECB surveyGermany July ...
July 25, 2023, 11:49 am
Totalenergies doubles down on green energy with $1.7b purchase of french clean power firm
TotalEnergies SE (NYSE:TOT, EPA:TTE) is moving deeper into renewable energy, announcing an agreement to buy the remaining 71% stake in France-based cl...
July 25, 2023, 10:24 am
Vertex: seizing the opportunity in the tax compliance software market
Vertex is well-positioned for growth due to the acceleration of digital transformation projects and increasing cloud deployments. VERX stock has a str...
July 25, 2023, 12:10 am
Games workshop: more upside to come for warhammer bosses?
Games Workshop Group PLC (LSE:GAW) has had a strong showing on the London Stock Exchange in 2023 for what is ostensibly one of the more discretionary ...
July 21, 2023, 10:54 am
