Carvana's woes deepen as investors dump debt

Carvana says it is cutting about 1,500 jobs, or 8% of its workforce, as it confronts the brutal arithmetic of a crumbling secondhand car market slas...

November 18, 2022, 5:40 pm

Oil lower on demand woes, gold slumps

Oil Oil prices are getting punished as crude demand concerns show no signs of easing. ​ The world’s two largest economies are struggling here as C...

November 17, 2022, 4:22 pm

Audusd analysis: bulls turn cautious amid china’s covid woes, modest usd strength

AUDUSD retreats further from a two-month low despite the upbeat Australian jobs data. A modest USD strength exerts some pressure amid concerns about C...

November 17, 2022, 7:31 am

Crude oil price jumps around on opec+ and iea reports, data and war woes

Crude oil has bounced around this week amid reports from OPEC+ and the IEA hinting at lower demand, while economic data and geopolitics create uncerta...

November 16, 2022, 2:00 am

3m (mmm) shares decline 13% in 6 months on multiple headwinds

3M (MMM) is grappling with foreign currency headwinds, lower disposable respirator demand, cost inflation and supply-chain woes....

November 15, 2022, 10:32 am

Housing market woes weigh on home depot (hd) stock

Home Depot (NYSE: HD ) stock fell after reporting earnings that beat expectations. While the broader market rose overnight, HD stock investors were lo...

November 15, 2022, 9:26 am

China october data - retail sales fall y/y, industrial production up

Chinese economic activity data for October 2022. Both sales and output missed expectations.

October retail sales fell y/y. They last fell ba...

November 15, 2022, 2:00 am

Eur/usd hits resistance on hawkish fedspeak

After last week’s big rally around 4%, the EUR/USD has hit a key long-term resistance range near 1.0350 as investors re-focus their attention on Eur...

November 14, 2022, 12:24 pm

Bitcoin rebound in doubt amid crypto market woes as apac markets eye risk-on session

Bitcoin, BTC/USD, China, India, Market Sentiment, Technical Outlook – Talking Points Asia-Pacific markets look poised for gains on Frida … Read Fu...

November 12, 2022, 1:01 pm

Audusd grinds near 0.6630 as china’s covid woes jostle with us inflation-led optimism

Receding hawkish bets keep the greenback bears hopeful ahead of US Michigan CSI data. AUDUSD consolidates intraday losses around 0.6630, the highest l...

November 11, 2022, 5:01 am

Bitcoin rebound in doubt amid crypto market woes as apac markets eye risk-on session

Bitcoin rebounded strongly during US trading hours after a weaker-than-expected CPI report weighed on Fed rate hike bets. Asia-Pacific markets will at...

November 11, 2022, 12:00 am

Euro breaking news: ecb economic bulletin reiterates economic woes

The ECB’s economic bulletin reiterated inflation is too high and higher rates to come. On a positive note, supply chains are improving, and energy p...

November 10, 2022, 9:45 am

Binance pulls out of ftx acquisition, crypto chaos ensues

FTX's woes continued on Wednesday as Binance confirmed that they have cancelled the proposed ...

November 9, 2022, 10:41 pm

Facebook parent meta cuts 11,000 jobs, 13% of workforce

Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CE...

November 9, 2022, 11:11 am

Gold price forecast: bull flag reaffirms xauusd strength above $1,680, us midterm results eyed

Fears of US government gridlock, China covid woes weigh on XAUUSD prices of late. Gold price (XAUUSD) p...

November 9, 2022, 5:31 am

Audusd snaps three-day uptrend near 0.6500 amid covid, political woes, eyes on china/us inflation

AUDUSD retreats from a six-week high, renews intraday low of late. Guangzhou locked down second district amid firmer covid counts. Close call in key s...

November 9, 2022, 1:31 am

If you can't beat 'em, join 'em. ftx looking to join binance as they scream "uncle".

A...

November 8, 2022, 4:54 pm

Builders firstsource (bldr) up on q3 earnings & revenue beat

Builders FirstSource's (BLDR) third-quarter results reflect higher sales, gross margin and adjusted EBITDA amid supply woes....

November 8, 2022, 12:47 pm

Foxconn revises down q4 outlook on zhengzhou covid woes

Taiwan's Foxconn , the world's largest contract electronics maker, said on Monday it was revising down its outlook for the fourth quarter due to COVID...

November 6, 2022, 6:07 pm

Here's why you should buy snap-on (sna) stock right now

Despite supply-chain woes and inflation concerns, robust sales and gains from its Value Creation model,...

September 9, 2022, 4:33 pm