Earnings
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6 Mins Ago U.S. inflation rose less than expected in April April consumer prices increased 4.9% in the U.S. compared to a year ago, which is less than the 5% annual increase expected by economists polled by Dow Jones. U.S. stock futures saw an uplift after the reading was tamer than anticipated. — Hannah Ward-Glenton
US futures rise as markets eye Fed summer rate cuts, Apple earnings Dollar set for seventh weekly decline of last eight weeks US jobs growth expected to have slowed last month SINGAPORE . . .
BENGALURU, April 26 (Reuters) – Indian shares reversed intraday losses on Wednesday, aided by broad-based gains across sectors amid a slew of earnings and as markets shrugged off rising recession fears in the United States. The Nifty 50 (.NSEI . . .
SINGAPORE, April 26 (Reuters) – U.S. stock futures bounced as buybacks and earnings beats boosted tech giants in after-hours trade, although Asian shares wallowed at one-month lows on Wednesday, with investors turning nervous on the outlook for the world’s two biggest economies. Nasdaq futures were up 1.4% and S&P 500 futures up 0.5% following . […]
April 24(Reuters) – U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period. Refiners have been riding a wave of favorable pricing and demand as pandemic-era closings boosted margins. Alternating periods of higher demand for products have also […]
STOXX 600 Q1 earnings seen down 2.5% -Refinitiv I/B/E/S S&P 500 Q1 earnings expected to fall 4.7% -Refinitiv European banks’ results in focus after turmoil U.S. major lenders beat expectations . . .
Markets price in more risk of Fed rate rise in May EU yields up as odds narrow on larger ECB rate rise Stocks climb on hope for US earnings SYDNEY, April 17 . . .
38 Mins Ago Chicago Fed President Goolsbee emphasizes need for ‘prudence’ in policy Chicago Federal Reserve president Austan Goolsbee emphasized the need for ‘prudence and patience’ in monetary policy decision-making process. Speaking at the Economic Club of Chicago, he said: “I think that at moments like this, of financial stress, the right monetary approach calls […]
What is the main reason for a persistent wealth gap between white and non-white families in the U.S.? Hint: it’s not because of inheritances. Intergenerational inheritances only account for about 14% of the wealth gap between Black and white households, according to a recent study from the Federal Reserve Bank of Boston. Instead, two of […]
Cisco (Nasdaq: CSCO) investors are getting a lift this morning, as shares are rallying after the company boosted its profit and revenue guidance in its second quarter fiscal 2023 earnings report, released on Wednesday night. More importantly, Cisco gave us insight on enterprise tech spending. Here’s the big surprise: There was no slowdown. In fact, […]