JPMorgan expects ‘significant EPS downgrades’, tells clients to ‘pare back risk’ into 2024
A combination of slowing inflation and weakening consumer strength is expected to result in significant earnings downgrades, leading to potential…
Nvidia, Apple fall premarket; Walmart, iRobot and Vista Outdoor rise
U.S. futures edged higher Friday, in thin trading with the session set to close early the day after the Thanksgiving…
Chinese car sales boom in Russia levels off amid shaky local recovery
(Reuters) – Chinese car sales in Russia appear to have peaked as domestic production recovers after the exodus of Western…
Dollar eases in thin Black Friday trading on bets rates have peaked
(Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher…
Amazon hit by strikes, protests across Europe during Black Friday trade
(Reuters) – Amazon (NASDAQ:AMZN) workers came out on strike at multiple locations across Europe on Friday as protests against the…
Biden’s clean energy agenda faces mounting headwinds
(Reuters) – Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the…
Qualcomm to pay $0.80 per share dividend, yield nears 2.5%
Investors looking to benefit from QUALCOMM Incorporated’s (NASDAQ:QCOM) upcoming dividend distribution have until November 29th to acquire shares to be…
Oil markets grapple with OPEC discord and production quota delays
The energy sector is facing heightened uncertainty as disagreements among OPEC members over production quotas have led to a postponed…
Gold prices hold steady amid lower US Treasury yields and a weaker dollar
Gold prices saw a slight increase today, with XAU/USD trading at $1992 as US markets took a break for Thanksgiving,…
Nissan invests $1.4 billion to build two new EV models in Britain
(Reuters) – Nissan (OTC:NSANY) said on Friday it would pump 1.12 billion pounds ($1.4 billion) into its British plant to…