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Wti crude oil has another look at the 200-day moving average
The chart of WTI crude oil pretty much speaks for itself. Baker Hughes reported that US drillers cut rigs by 7 this week and with the inventory of dri...
July 21, 2023, 5:14 pm
Kenvue ceo says consumers are spending on brand-name health products even as they pull back in other areas
Thibaut Mongon's remarks follow Kenvue's second-quarter earnings beat, which was fueled by resilient demand for brands like Band-Aid, Tylenol and Avee...
July 21, 2023, 4:47 pm
Weekly economic & financial commentary: fed to hike next week, but what then?
Summary United States: Rate Sensitive Sectors Struggle as E-commerce Boosts Retail Sales The FOMC’s balancing act became more daunting this week. It...
July 21, 2023, 4:38 pm
American express (axp) tops on q2 earnings, reaffirms view
American Express (AXP) Q2 results reflect continued business momentum from record card member spending ...
July 21, 2023, 2:28 pm
Moffettnathanson's lisa ellis breaks down mixed earnings results from american express
Lisa Ellis, MoffettNathanson senior analyst, joins 'The Exchange' to discuss consumer spending trends, ...
July 21, 2023, 2:22 pm
International paper (ip) to report q2 earnings: what's in store?
International Paper's (IP) Q2 results will likely reflect the ongoing weakness in packaging demand due to muted customer s...
July 21, 2023, 1:42 pm
American express reports record spending: ‘we feel really confident'
American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results ...
July 21, 2023, 1:20 pm
May canada retail sales +0.2% vs +0.5% expected
The advance reading was +0.5%Prior was +1.1% (revised to +1.0%)Ex autos 0.0% vs +0.3% expected (prior was +1.3%, revised to +1.2%)June advance reading...
July 21, 2023, 12:30 pm
Usd/cad turns choppy below 1.3200 ahead of canadian retail sales
USD/CAD turns lackluster below 1.3200 as the focus shifts to Canadian Retail Sales data. Canada’s consumer s...
July 21, 2023, 12:14 pm
Technology sector is ‘under a lot of stress,' another ad agency says
Contrary to what Wall Street is saying, another advertising and marketing agency confirmed that the technology sector appears to be having a lot of tr...
July 21, 2023, 12:13 pm
Delivery hero is spending big to expand in middle east
Delivery Hero SE (ETR: DHER) lost to Just Eat Takeaway in Germany – its home market in 2021. But it remains super committed to expanding in Middle E...
July 21, 2023, 12:08 pm
Us regulator backs off microsoft-activision challenge
The US Federal Trade Commission is suspending its attempt to block Microsoft's buyout of video gaming g...
July 21, 2023, 11:45 am
American express says it did not see signs of credit stress in q2
American Express Company (NYSE: AXP) says continued demand for travel and entertainment pushed spending ...
July 21, 2023, 11:18 am
Earnings results: amex earnings show record spending as travel and entertainment stay hot
American Express Co. said Friday that it saw another all-time high in spending through its card product...
July 21, 2023, 11:08 am
Winners and losers in the oilfield supercycle
There are no losers in the oil field super cycle, only winners, but winning is relative. While the signs are good that the s...
July 21, 2023, 10:56 am
Soft product demand to hurt logitech's (logi) q1 earnings
Logitech's (LOGI) Q1 results are likely to be negatively impacted by soft IT spending, which is hurting the demand for its PC peripheral products, inc...
July 21, 2023, 9:57 am
Gbp/usd outlook: pound recovers amid upbeat retail sales
UK consumer spending strengthened in June. The pound is facing its most considerable weekly loss agains...
July 21, 2023, 8:23 am
American express shares set to decline as record 2q revenue falls short of estimates
American Express Company (NYSE:AXP) has reported record second-quarter revenue as card spending reached...
July 21, 2023, 7:52 am
Is it too late to buy meta platforms stock?
Meta Platforms is trading at a rich valuation following its tremendous rally in 2023. But improved add spendin...
July 21, 2023, 7:45 am
Amex earnings show record spending as travel and entertainment stay hot
American Express Co. said Friday that it saw an all-time high in spending through its card products dur...
July 21, 2023, 7:08 am