Why is the US dollar so strong again?
(Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made…
Gold treads water ahead of more Fed cues, copper up from 5-month low
Gold prices moved little in Asian trade on Thursday, reeling from steep losses this week as markets awaited more cues…
Walmart lifts annual sales, profit view on resilient consumer spending
(Reuters) – Walmart Inc raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such…
Morgan Stanley sees positive setup for Palo Alto Networks into earnings release
Morgan Stanley analysts see a positive setup for Palo Alto Networks (NASDAQ:PANW) into the company’s upcoming earnings release next week.…
Investor raises fresh question over credit insurance for Credit Suisse
(Reuters) – An investor has raised a fresh question with the EMEA Credit Derivatives Determination Committee on whether a credit…
GBP/USD: Sterling Struggles to Perform as US Dollar Marches Higher
The British pound is at the mercy of the overpowering US dollar as the GBP/USD slips for yet another day.…
Alibaba misses revenue estimate, approves cloud unit spinoff
(Reuters) – China’s Alibaba (NYSE:BABA) Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations on Thursday…
TuSimple to restructure US business, lay off 30% staff
(Reuters) – TuSimple Holdings Inc said on Thursday it will cut 30% of its workforce in the United States under…
Regency Centers to buy Urstadt Biddle Properties in $1.4 billion deal
(Reuters) – Shopping mall operator Regency Centers (NASDAQ:REG) Corp said on Thursday it has agreed to buy Urstadt Biddle Properties…
Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
(Reuters) – Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said…