(MarketWatch) Goldman Sachs strategists expect oil to hit $90, a higher projection from the previous $80 on supply issues caused by Hurricane Ida. Predictions by Goldman come as oil demand…
(Bloomberg Quint) The new Netflix thriller series ‘Squid Game’ has sparked interest among investors who have since gone bullish on Korean media stocks. Fig: Showbox and Bucke Studio Stocks Stocks…
(CoinTelegraph) The Chinese government is intensifying a crackdown on the crypto industry as state authorities are galvanizing forces to combat crypto operations in the country. The People’s Bank of China…
(Bloomberg) Dell Technologies Inc put out its vision for the coming years, forecasting annual revenue growth of 3% to 4% through 2026, and unveiling a $5 billion share repurchase program.…
(Nike Inc) Nike Inc reported mixed financial results on Thursday, surpassing earnings-per-share estimates but slightly missing the analysts’ revenue expectations. The Oregon-based athletic apparel manufacturer posted $1.16 EPS on $12.2…
(The Conference Board) The US Conference Board Leading Economic Index reached 117.1 in August, up 0.9% and after another increase of 0.8% in July. The index had risen by 0.6%…
(IHS Markit) US Composite Output Index was 54.5 in September, a decline from 55.4 in August. The output index was at a 12-month low as activity was hampered by slowdowns…
(Gulf News) Dubai World Trade Centre authorities will start allowing trading of cryptocurrencies and related financial activities in a bid to be “future-ready.” The development comes after the UAE’s Securities…
(Department of Labor) US Jobless claims rose by 16,000 to reach 351,000 in the week that ended September 18. The claims were higher than the projected 320,000. Fig: US Initial…
(BOE) The Bank of England maintained its benchmark rate at 0.1%, but said it could tighten policy to tame inflation which is seen rising above 4%. Fig: UK Price Pressures…
(WSJ) China has asked the local authorities to be ready for a potential downfall of Evergrande Group, remaining adamant against a bailout of the property developer. Beijing has urged the…
(BlackBerry) Blackberry Limited reported a net loss of $144 million in the second quarter of 2022, an increase from a loss of $23 million reported in the same period of last…