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Uber posts first quarterly operating profit, but shares fall after revenue miss

Uber Technologies posted its first-ever quarterly operating profit, but shares slumped as revenue misse...

August 1, 2023, 4:30 pm

Germany july final manufacturing pmi 38.8 vs 38.8 prelim

Prior 40.6This just reaffirms the ugly preliminary estimate as German manufacturing slumped heavily as ...

August 1, 2023, 7:55 am

Enphase energy slumps as lukewarm us demand weighs on revenue forecast

Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's t...

July 28, 2023, 6:45 am

Intraday analysis – usd pulls back

EURUSD bounces off key support The US dollar slumped as the Fed raised interest rates by 25 basis point...

July 27, 2023, 6:38 am

Xtb’s net profit plunges 12.2% in h1 despite record new clients

The net profit of the Polish forex and contracts for difference (CFD) broker, XTB, slumped by 12.2% to ...

July 26, 2023, 6:23 pm

U.s. new home sales pull back off 15-month high in june

A report released by the Commerce Department on Wednesday showed a notable pullback in new home sales in the U.S. in the month of June. The Commerce D...

July 26, 2023, 2:40 pm

Commodity currencies rebound in choppy trade

It's Fed day so expect some extra volatility today.So far in North American trade, that's evident in the Canadian and Australian dollars, which ...

July 26, 2023, 1:47 pm

3m raises its earnings guidance: is the stock a buy?

While 3M's revenue and earnings slumped, cost cutting is keeping margins high. A proposed settlement re...

July 26, 2023, 6:40 am

Lvmh sales hit by us weakness as china rebounds

LVMH shares slumped as US revenue fell 1% in the US on an organic basis in the second quarter, offsetti...

July 26, 2023, 3:52 am

Deutsche bank posts 27% fall in q2 net profit, but better than expected

Deutsche Bank posted a 27% fall in second-quarter profit as revenues at the investment banking slumped,...

July 26, 2023, 1:02 am

Little reason to expect eur/usd to easily regain 1.1095 ahead of fed/ecb meetings

Markets Disappointing EMU July PMI’s set the tone for global trading yesterday morning. The composite measure dropped further into contraction terri...

July 25, 2023, 7:14 am

Eur/usd licks its wounds around mid-1.1000s as eurozone, german data flag recession fears, prod ecb hawks

EUR/USD remains sidelined at the lowest level in two weeks after five-day downtrend. Eurozone, German PMI for July disappointed Euro bulls as manufact...

July 24, 2023, 10:29 pm

Tsmc says skilled worker shortage delays start of arizona chip production

Shares of Taiwan Semiconductor Manufacturing Co slumped more than 3% Friday after the world's largest c...

July 21, 2023, 6:36 am

: taiwan semi’s stock falls after profit topped expectations but gross margin contracted, and is expected to weaken further

The U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. Ltd. TSMTW:2330 slumped 2.9% in premar...

July 20, 2023, 6:44 pm

Eur/usd bears attack 1.1200 as ecb hawks retreat on inflation concern, mid-tier eu/us data eyed

On Wednesday, US Building Permits for June marked a contraction of 3.7% versus the previous increase of 5.6% (revised) whereas the Housing Starts also...

July 19, 2023, 11:44 pm

Gbp/usd forecast: additional losses likely below 1.2930 as markets scale back hawkish boe bets

GBP/USD closed below the 50-period Simple Moving Average (SMA) on the four-hour chart following the CPI-inspired drop. The Relative Strength Index (RS...

July 19, 2023, 5:59 pm

Mega-cap earnings post bell, steeper-than-anticipated drop in building permits keep us equities buoyant

US equity indexes were mostly higher as investors awaited post-Bell earnings of Netflix (NFLX) and Tesla (TSLA) following Goldman Sachs’ mixed quart...

July 19, 2023, 5:44 pm

Halliburton warns of a us drilling slowdown in the second half of the year

Halliburton shares slumped after warning that lower oil and gas prices will reduce drilling in the seco...

July 19, 2023, 4:55 pm

At&t plummets to 30-year low following toxic cable scandal

AT&T Inc. (NYSE:T), the US telecom provider, slumped to a thirty-year low on Tuesday as it manages the ...

July 18, 2023, 4:38 am

Quest resource: the debt situation seems unsustainable

The company's revenues have almost tripled since 2020 and TTM adjusted EBITDA stands at $16.7 million. Yet, rising interest rates boosted interest exp...

July 14, 2023, 5:09 pm


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