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Wti crude oil futures settle at $85.54
The price of WTI crude futures is settling at $85.54, up $2.33 or 2.80%. That is above the August high of $84.85 tilting a bias more to the upside.Loo...
October 27, 2023, 6:43 pm
Gold and oil pop as gaza ceasefire hopes fade
Gold is at the highs of the week in a quick $6 move higher to just below $2000. It's been largely a one-way trade since the Hamas attacks on October 7...
October 27, 2023, 5:45 pm
Why moderna stock has spooked investors as demand for the covid-19 vaccine slows
Moderna (MRNA) stock has fallen off in the post-pandemic period as demand for its COVID-19 vaccine — the company's primary commercial product — de...
October 27, 2023, 5:08 pm
Livevox makes progress cutting costs but revenue growth sags
LiveVox Holdings, Inc. provides cloud-based contact center software and services to companies worldwide. The company's revenue growth is...
October 27, 2023, 5:02 pm
Ford: profit hit hard by strike, withdraws financial guidance, slows ev spending
Ford Motor Co. faces a $1.3 billion profit loss due to a 41-day strike at its Kentucky plant. The United Auto Workers union demanded higher wages and ...
October 27, 2023, 4:19 pm
Ford shares tumble amid concerns about ev slowdown and higher costs following uaw strike
Ford (F) shares tumbled over 11% in intraday trading Friday after the automaker's third-quarter earnings fell short of analysts' expectations, as the ...
October 27, 2023, 3:05 pm
U.s. consumer spending grows, despite a slowdown in income in september
Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and just below market expectations for 0.4% growth. A...
October 27, 2023, 2:20 pm
Tech earnings: amazon sees ai opportunity worth billions, plus microsoft, meta, and google recap
Google-parent Alphabet (GOOG, GOOGL) stock tumbled earlier this week after reporting slower-than-expect...
October 27, 2023, 2:04 pm
Why logitech international stock climbed higher this week
The company reported another sales decline in the last quarterly business update. Logitech is slowly tu...
October 27, 2023, 1:52 pm
Equity cefs: buy etb as we enter the dumb stage of the cef sell-off
This happened in the fall of 2008 during the toxic mortgage crisis and in March 2020 during COVID-19. You see CEF shareholders sell at any price just ...
October 27, 2023, 12:36 pm
Asia gold-near record-high local prices cast a shadow on india’s festive demand
Oct 27 (Reuters) – Purchases of physical gold during a major festival in India improved this week, albeit at a...
October 27, 2023, 12:30 pm
Why kinsale capital stock is plunging today
Kinsale Capital has been a great performer since going public nearly a decade ago. The company continues to outperform, but there are some signs that ...
October 27, 2023, 12:14 pm
What lies ahead of alphabet heavy etfs after q3 earnings?
Alphabet reported its third-quarter 2023 earnings with its revenue and earnings beating the estimates. However,...
October 27, 2023, 12:02 pm
Eur/usd, gbp/usd and usd/jpy try to level out ahead of the weekend
GBP/USD’s slide towards its early-October seven-month low at $1.2038 is showing minor signs of slow...
October 27, 2023, 11:44 am
Can casino stocks win big if economy slows?
If the economy is headed for a slowdown or recession, as many analysts expect, you might instantly thi...
October 27, 2023, 10:44 am
Bitcoin and ethereum: bitcoin continues to move above $34000
Bitcoin and Ethereum: Bitcoin continues to move above $34000 In the second part of this week, we see a slow...
October 27, 2023, 10:34 am
Sny stock sinks 15% as sanofi plans consumer unit spinoff
Sanofi (NYSE: SNY ) stock fell about 15% overnight after it predicted slower profit growth next year. T...
October 27, 2023, 9:25 am
Microsoft just beat google on this 1 important metric
Microsoft Azure reported stronger-than-expected adoption, fueled by strong demand for AI tools. Google Cloud, however, saw its...
October 27, 2023, 7:30 am
Moncler shares slide as sales growth slows
Shares in high-end fashion group Moncler slipped by over 6% on Friday morning as the Italian firm reported a s...
October 27, 2023, 4:51 am
Tokyo cpi signals rising inflation; boj likely to upgrade forecasts
In Japan, Tokyo’s headline CPI unexpectedly accelerated from 2.8% yoy to 3.3% yoy in October. CPI core, which excludes the volatile prices of fresh ...
October 27, 2023, 2:27 am