Share: Early Wednesday morning in Europe, the global rating agency Fitch came out with upbeat Gross Domestic Product (GDP) growth forecasts for China by saying, “Fitch...
Share: German Economy Minister Robert Habeck expressed optimism on Monday about resolving a European Union trade dispute with Washington, saying he saw room for compromise on...
“Oil producers may have to reconsider their output policies following a demand recovery in China, the world’s second-largest oil consumer,” International Energy Agency (IEA) Executive Director...
Ryan Cohen has reportedly taken a large stake in the company. AMC stock is up 3% against a declining NASDAQ. US Dollar strength caused by a...
Intel stock has lost nearly 11% in the premarket. INTC dropped on account of Thursday’s evening’s quarterly release. Intel missed earnings expectations by half and revenue...
Bank of Japan (BoJ) marked another show of the Yield Curve Control (YCC) on early Friday as it extends five-year loans against collateral to financial institutions,...
TSLA stock soars more than 10% after earnings. Tesla beat EPS consensus on Q4 earnings late Wednesday. Tesla stock now takes aim at $167.50. US GDP...
Nio stock has advanced more than 5% in the premarket. Elon Musk said Chinese EV companies are the ‘smartest’. Tesla reported Q4 earnings late Wednesday that...
Alphabet will lay off about 12,000 employees. GOOG stock has benefited from the news on Friday. Alphabet will focus on AI technology. $102 is the next...
KeyBanc listed Nvidia as a top pick for 2023. Ssemiconductors are expected to lose 4% of non-memory revenue compared to 2022. Much of the semiconductor weakness...
Discover Financial Services beat Q4 earnings on the top and bottom lines. Both Alcoa and Kinder Morgan offered up mixed results. The Producer Price Index fell...
Banks started the earnings season off on solid footing. JPMorgan beat on top and bottom lines for Q4. Bank of America beat EPS consensus by about...
GameStop stock has shed value on Friday alongside the broad market. Tesla cutting its prices in the United States has hurt its share price. Bed Bath...
Coinbase announced it will eliminate 950 jobs or about 25% of its workforce. COIN stock dropped 2% in the premarket but surged 7.5% on Tuesday’s open....
Alibaba founder Jack Ma cuts voting stake in Ant Group to 6%. BABA stock jumps more than 4% on the news. Jack Ma’s control of Ant...
“The world’s second-largest economy is expected to quickly rebound because of the country’s optimized Covid-19 response and after its economic policies continue to take effect,” Bloomberg...
China’s Foreign Minister Wang Yi warned US Secretary of State Antony Blinken on Friday, per Reuters, while saying that the US should not continue the ‘old...
Russian Deputy Prime Minister Alexander Novak said on Friday, “Russia may cut oil output by 5-7% in early 2023 as it responds to western price caps.”...
Tesla CEO Elon Musk has reportedly sold $3.6 billion worth of TSLA stock. Elon Musk’s selling caused Tesla stock to decline in price this week in...
Nvidia stock closed up 6.5% on Thursday. NVDA shares are positive again Friday on PPI hopes. Higher US unemployment is helping Fed pivot narrative. Broadcom’s earnings...