(Bloomberg) OPEC+ has agreed to pump the market with additional 400,000 barrels a day of crude for March, despite some members struggling to meet monthly hikes. The expected move by…
(Eurostat) Inflation is estimated to have jumped to an annual 5.1% rate in January 2022, more than the projected decline to 4.4% and above December’s rate of 5.0%. Energy was…
(AMD) Advanced Micro Devices posted record revenue of $4.8 billion in the fourth quarter of 2021, representing a year-over-year increase of 49%. The record revenue translated to an operating income…
(PayPal) Shares of PayPal Holdings Inc. fell more than 17% on Wednesday as the company said it expects non-GAAP earnings per share of $0.87 in Q1 2022, below the expected…
(Alphabet) Google parent Alphabet announced a 20-to-1 stock split on Tuesday as it released its fourth quarter of 2021 results that showed a 32% jump in revenue from the prior…
(Bureau of Labor Statistics) The US posted 10.9 million job openings on the last business day of December, unchanged at 6.8%. The largest gains in job openings were in accommodation…
(AMC) AMC Entertainment Holdings Inc. estimates its net loss to be $194.8 million to $114.8 million in the fourth quarter of 2021, down from a net loss of $946.1 million…
(CNBC) Chinese EV maker Xpeng delivered 12,922 electric vehicles in January, up 115% from the prior year but a drop of at least 19% from December as semiconductor shortages bite.…
(Eurostat) Unemployment rate in the euro area was posted at 7.0% in December, declining slightly from November’s reading of 7.1%. The rate was below 8.2% in the prior year. In…
(UPS) Shares of United Parcel Services rose more than 9% on Tuesday after the company reported a consolidated operating profit of $3.9 billion in the fourth quarter of 2021, up…
(IHS Markit) Eurozone opened the year with robust manufacturing activity, as PMI rose to 58.7, a five-month high and above December’s final reading of 58.0. Growth was highest in Austria,…
(Nationwide Building Society) UK house prices surged by an annual 11.2% in January, accelerating from a 10.4% gain in December. The gain is the strongest start to the year in…