EUR/USD: Bear Pressure Mounts on Dollar amid Uncertain Market Conditions
The Fed’s slowdown in the rate hike campaign coupled with a global pushback on the dollar is dragging the currency…
GOOGL: Alphabet to Buy Back $70bn in Stock as Revenue Drops
The tech powerhouse is all about cost control and aggressive AI bets to jump-start falling revenue growth. Google parent Alphabet reported earnings that…
Nasdaq futures up 125 pts; Microsoft earnings impress ahead of Meta release
U.S. stocks are seen opening in a mixed fashion Tuesday, with the tech-heavy Nasdaq outperforming following the positive quarterly earnings…
Canada’s Rogers misses quarterly revenue estimates on cable weakness
(Reuters) – Rogers Communications Inc missed Wall Street estimates for first-quarter revenue on Wednesday, hit by weakness in its cable…
Visa delivers FQ2 beat on strength in International business; analysts positive
Visa (NYSE:V) shares are up about 1% in pre-market Wednesday, following the company’s reported Q2 results, with EPS of $2.09 coming…
Tech CEOs wax poetic on AI, big adds to sales will take time
(Reuters) -Microsoft Corp and Google-parent Alphabet (NASDAQ:GOOGL) Inc talked up investments in artificial intelligence (AI) for the second quarter in…
Chipotle Mexican Grill shares surge 7% on Q1 beat; analysts bulled-up
Chipotle Mexican Grill (NYSE:CMG) shares are moving higher in premarket Wednesday following the company’s reported Q1 results, with EPS of $10.50…
Oil rises as falling US inventories refocus market on demand
(Reuters) -Oil rose on Wednesday after plunging more than 2% in the previous session as reports of falling U.S. crude oil and…
Swedish crown softens after market sees Riksbank dovishness, euro rebounds
(Reuters) – The Swedish crown softened on Wednesday after the country’s central bank was less hawkish than expected, while the…
Safran posts strong sales but sees supply chain risks
(Reuters) -French aero engine maker Safran (EPA:SAF) unveiled stronger than expected quarterly revenues on Wednesday, buoyed by a swift recovery in air…