(IHS Markit) The Eurozone posted a Composite Output Index of 52.3, down from the December final reading of 53.3. The slowdowns in economic activity reflected the outbreak of the Omicron…
(Bloomberg) Hackers have stolen about $320 million worth of cryptocurrency after hacking Wormhole, a communication bridge connecting decentralized-finance networks to Solana. The hackers are said to have stolen 120,000 worth…
(Meta) Facebook stock fell down by 24% as parent Meta Inc. reported 2.91 billion monthly active users in the fourth quarter of 2021, almost flat from the prior year. Daily…
(EIA) The US recorded an average of 415.1 million barrels of crude in the week that ended January 28, down by 1.0 million barrels from the previous week. Crude refinery…
(ADP National Employment) US private-sector jobs fell by 301,000 in January as the effects of the Omicron slowed down activity. Job declines were posted in companies of all sizes, with…
(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…