(Kroger) Kroger reported sales of $31.9 billion in the third quarter, an increase from $29.7 billion posted in the prior year. The company's identical sales, excluding fuels, rose by 3.1%…
(Bloomberg) The West Texas Intermediate crude fell up to 4.8% on Thursday as investors expect OPEC+ to increase oil production in January. Bets against oil rose as Russia proposed a…
(BeinCrypto) Compass Mining CEO Whit Gibbs says the US is already mining Bitcoin, suggesting that the country may have 10-20 watts running in the Midwest to test it. After remaining…
(Seeking Alpha) Brokerage firm Robinhood Markets fell up to 7.9% to touch a record low of below $24 on heavy trading volume as its IPO lockup ended. Robinhood’s stock attracted…
Source: Eurostat Industrial producer prices rose by 5.4% in October from September in the euro area and 5.0% in the EU, beating the expected 3.5% gain. DAX is down -1.00%,…
(Eurostat) Euro area unemployment was at 7.3% in October, a marginal decline compared to 7.4% in September and was down from 8.4% posted the previous year. In the EU, the…
(Snowflake) Snowflake reported revenue of $334.4 million in the third quarter of 2022, an increase of 100% from the prior year’s fiscal quarter. Product revenue in the third quarter climbed…
(Bloomberg) Apple Inc. has warned its suppliers to expect a slump in demand for iPhone 13 heading into the holiday season as consumers forgo shopping on Omicron and inflation concerns.…
(Block Inc.) Jack Dorsey’s Square has changed its corporate name to Block in a rebranding move seen to signal its intentions into blockchain technology. Square said that the name change…
(ISM) US Manufacturing PMI was at 61.1% in November, a gain of 0.3 percentage point from the previous month. The PMI reading indicates manufacturing expansion for the 18th month following…
(Ambarella) Ambarella Inc. reported revenues of $92.2 million in the third quarter of 2022, an increase of 64% from the prior fiscal year’s quarter. Revenue in the nine months to…
(ADP National Employment) The US private sector maintained recovery, with 534,000 jobs created from October to November of 2021. Large businesses added the bulk of the jobs at 277,000. Medium…