Category: Latest News
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Monday’s Wall Street Highlights: Chevron, AMC, Posco Holdings, Philips, and more
US Index Futures are up in premarket trading on Monday, awaiting for economic activity data and the Federal Reserve’s decision this week. European markets also operate higher with investors digesting lower-than-expected results and waiting for the release of interest rates by the European Central Bank (ECB). By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 30…
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North American Morning Briefing: Investors Primed This Week For Fed, More Heavyweight Earnings
Market Wraps Watch For: Chicago Fed National Activity Index; Flash Manufacturing, Services PMI; earnings from Domino’s Pizza, Logitech, Whirlpool Today’s Headlines/Must Reads – Why the Fed Isn’t Ready to Declare Victory on Inflation – The Inflation Giant Has Awakened. Why Price Growth Will Persist – The Tech Rally’s Next Big Test Is Earnings – Why…
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US Futures Rise, European Stocks Fall as Market Awaits Central-Bank Decisions
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Ocado Group added 10.7% and Julius Baer Gruppe climbed 4.5%. On…
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Top Company News of the Day: Philips, Vodafone, Ryanair, Posco Holdings
Philips Nudges Up Targets as Profits Rise Philips posted earnings of EUR681 million in the second and said it expected an adjusted Ebitda margin at the upper end of the high-single-digit range for 2023 and mid-single-digit comparable sales growth. Vodafone Service Revenue Improves, Keeps Outlook Vodafone reported group service revenue growth of 3.7% in the…
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U.S. Stocks Close Little Changed Following Lackluster Session
Following the mixed performance seen during Thursday’s session, stocks showed a lack of direction throughout much of the trading day on Friday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day narrowly mixed. While the Nasdaq slipped 30.50 points or 0.2 percent to…
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Crypto This Friday: Uniswap Founder’s Twitter Hacked, Solana Improves Reliability, and More
Social engineering scam on Twitter exposing risks in cryptocurrency accounts On Twitter, members of Crypto quickly warned of a scam promoted on the compromised account of Hayden Adams, founder of Uniswap. The scam included fake tweets claiming that Uniswap’s Permit2 contract had been affected and users’ tokens were at risk, encouraging them to click on a…
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Friday’s Wall Street Highlights: PPG Industries, Intuitive Surgical, CSX, American Express, and more
US Index Futures rose in premarket trading on Friday as traders eyed recent corporate earnings results and the Dow Jones on course to extend its bullish streak for a 10th straight session. By 6:55 AM, Dow Jones (DOWI:DJI) futures were up 38 points, or 0.11%. S&P 500 futures were up 0.26%, while Nasdaq-100 futures were up 0.49%. The…
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US Futures Rise, European Stocks Mixed
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average increased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Viaplay Group Series B climbed 28% and Wartsila rose 13%. On…
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Top Company News of the Day: SAP, Glencore, Starlink, Google
SAP Tweaks Guidance After 2Q Sales, Profit Boost Software company said results driven by strong growth at its core cloud business. Glencore Backs Full-Year Views Glencore reiterated its production and financial guidance for 2023 after it said its copper, coal and zinc assets performed in line with expectations in the first half of the year.…
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Dow Extends Winning Streak But Nasdaq Pulls Back Sharply
After generally moving higher over the past several sessions, the major U.S. stock indexes turned in a starkly mixed performance during trading on Thursday. While the Dow closed higher for the ninth straight session, reaching its best closing level in over a year, the tech-heavy Nasdaq pulled back sharply following recent strength. The Dow ended…