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Ubs looks to axe 3,000 jobs in $10bn cost-cutting attempt
The bank, however, indicated these earnings were mostly assets acquired after the Credit Suisse takeover. The planned job cuts reflect the magnitude o...
September 1, 2023, 8:51 am
Usdcad pulls back from 3-month peak
USDCAD had been stuck in a steep uptrend after finding its feet at the 11-month low of 1.3091 in mid-July. However, the pair has been undergoing a dow...
September 1, 2023, 8:38 am
Does revolut suffer from chatbot-based customer service?
The integration of technology has been a driving force behind innovation and ease in the dynamic domain of financial services. Chatbot-based customer ...
September 1, 2023, 7:17 am
Market analysis – usd awaits catalyst
USDCHF bounces back The US dollar clawed back losses after an uptick in July’s PCE. The pair came under pressure at the daily support-turned-resista...
September 1, 2023, 6:17 am
Why the hollywood writers strike may give alphabet's business a boost
A writers strike is bad news for cable and streaming companies. Alphabet's YouTube, however, has an endless stream of content coming from its users....
September 1, 2023, 6:05 am
Cliff notes: consumer incomes remain under pressure from cost of living
Key insights from the week that was. Beginning in Australia, the July Monthly CPI Indicator provided further confirmation of the deceleration in infla...
September 1, 2023, 4:26 am
Downside risks for nfp, yet market impact may be fleeting
Today, the financial markets are keenly focused on US Non-Farm Payrolls data, which is expected to show growth of 170k jobs in August. While unemploym...
September 1, 2023, 4:24 am
4 blue chip dividend stocks with 7%+ yields to buy
Investing in good quality dividend stocks is always a good thing, especially among retirees and income-focused investors. These days, however, there a...
September 1, 2023, 4:00 am
Diversified energy company increaess production in first half
Diversified Energy Company saw production increase by 4% in its latest half-year, which included the acquisition of the Tanos II assets Appalachia in ...
September 1, 2023, 2:58 am
Russia's novak will announce his crude oil output plans next week
Adam had the news on Thursday:Russia's Novak says they will be announcing main parameters of OPEC+ deal next weekI posted yesterday on what's coming u...
September 1, 2023, 2:36 am
China caixin manufacturing pmi hits 51 despite weak overseas demand
The China Caixin Manufacturing PMI provided brief relief. However, sub-components suggested difficult conditions and narrowing margins. The post China...
September 1, 2023, 2:08 am
Usd/cad price analysis: stays afloat above 1.3500 despite high oil prices
The Canadian Dollar (CAD) remains in charge against the US Dollar (USD) even though the latter appreciated against most G10 FX currencies across the b...
August 31, 2023, 11:59 pm
Don't buy in to the regional bank stocks rally! 3 stocks to sell now
Before 2008, banks showed limited interest in these low-return securities. However, post the crisis, Basel Accords reduced financial risks, giving Tre...
August 31, 2023, 10:03 pm
Eos energy: shares rally upon $398.6 million doe conditional loan guarantee commitment
Zinc-based energy storage solutions provider Eos Energy Enterprises finally announced an eagerly-awaited conditional loan guarantee commitment by the ...
August 31, 2023, 9:10 pm
7 growth stocks the big money is buying now
Fundamentally, the concept of targeting big money growth stock picks centers on a central theme: obviously, to make money. However, what makes institu...
August 31, 2023, 6:36 pm
Dollar general (dg) q2 earnings miss, sales increase y/y
Dollar General's (DG) second-quarter fiscal 2023 sales grew year over year. However, same-store sales fell 0.1% during the quarter....
August 31, 2023, 5:17 pm
Crypto for advisors: bitcoin and the bull
Before Bitcoin came into existence in 2009, there were a couple of attempts to create digital electronic money secured by cryptography. However, … R...
August 31, 2023, 4:59 pm
Why hello group stock dropped today
Hello Group announced a surprising return to modest top-line growth in the second quarter for the first time since the pandemic started. However, the ...
August 31, 2023, 4:50 pm
Sso: sense of bullishness makes this 2x leveraged large-cap etf interesting
ProShares Ultra S&P500 ETF is a leveraged exchange-traded fund designed to offer a 2x return on a daily basis as compared to the S&P 500. It mimics th...
August 31, 2023, 3:28 pm
Gas prices: fueling europe’s economic recovery
Gas Prices: Fueling Europe’s Economic Recovery In a world where fluctuating gas prices seem to dominate headlines, Europeans have reason to smile. T...
August 31, 2023, 2:23 pm