Dollar stabilizes as Treasury yields rise; sterling gains after CPI surprise
The U.S. dollar stabilized in early European trade Wednesday, with traders trying to work out the likely path of the…
Heineken sees Europe resilience offseting Asia slowdown risk
(Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion in the Asia-Pacific region…
Oil slips on economy worries, despite upbeat China data
LONDON (Reuters) -Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus…
USD/JPY: Dollar Notches 2% Gain Over Three Days but Momentum Wanes
New Bank of Japan governor Kazuo Ueda vowed to keep on with his predecessor’s ultra-loose monetary policy. The USD/JPY pair…
AAPL: Apple Takes On Big Banks with Turbocharged 4.15% Annual Interest Rate
The Big Tech firm wants to be your bank at a time when the banking sector is under great pressure.…
Lockheed Martin taps strong defense demand to beat results estimates
(Reuters) -U.S. weapons maker Lockheed Martin Corp (NYSE:LMT)’s first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as…
Datadog started at Neutral as Piper Sandler sees near-term headwinds weighing on upside
Piper Sandler analysts initiated Datadog Inc (NASDAQ:DDOG) at Neutral with a $72 price target in a note Tuesday, stating near-term cloud headwinds…
Morgan Stanley cuts price target on Rivian as challenges evolve; reiterates Overweight
Morgan Stanley reiterated an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and cut the price target on the stock to $24.00 (From $26.00)…
Tesla Q1 earnings preview: Margins in focus after recent price cuts
Tesla (NASDAQ:TSLA) is due to report earnings on Wednesday after market close with analysts expecting the electric vehicle (EV) maker…
BNY Mellon beats profit estimates as higher rates boost interest income
(Reuters) – Bank of New York Mellon (NYSE:BK) Corp beat first-quarter profit estimates on Tuesday, benefiting from the Federal Reserve’s…