Stock Futures Indicate Mixed Open
Stock futures in the U.S. are pointing to a mixed open on Wednesday as investors digest the latest reports from Microsoft and Alphabet. All eyes are now on the Federal…
Phase 3 Trial for Melanoma Treatment
Merck & Co. (MRK) and Moderna Inc. (MRNA) have announced the initiation of a Phase 3 trial to evaluate the efficacy of Moderna's V940 in combination with Merck's Keytruda as…
Shares of Aircraft Engine Companies Show Divergent Results in Quarterly Earnings Report
Shares of two prominent aircraft engine companies had contrasting outcomes in their recent quarterly earnings reports. However, despite their divergent results, both stocks continue to find favor on Wall Street.…
Carrefour Confirms Targets for 2023
Carrefour has announced that it is on track to meet its targets for 2023, following its positive financial performance in the first half of the year. Despite a slight slowdown…
The Federal Reserve’s New Outlook on Monetary Policy
The Federal Reserve has taken a different approach when it comes to providing guidance on monetary policy. They are now acknowledging that the state of the U.S. economy is uncertain,…
EDF Reports Profit Surge in First Half of 2023
Electricite de France (EDF), the French state-owned utility company, announced that it has returned to profitability in the first half of 2023, primarily due to higher electricity selling prices. The…
Shell’s Second-Quarter Earnings Take a Hit
In the face of unprecedented challenges, Shell's second-quarter earnings have been far from satisfactory. The oil giant reported adjusted earnings of $5.07 billion, which pales in comparison to the record-breaking…
Anglo American Reports First Half Financial Results
Anglo American, a renowned multinational mining company, released its financial results for the first half of the year. Despite challenges, the company showcased notable achievements. Sales Performance During the half-year…
Housing Market Shows Signs of Recovery
The U.S. housing market is finally showing signs of recovery, with the number of houses going under contract increasing in June after four consecutive months of decline, according to a…
U.S. Stock Indexes Open Higher as Inflation Gauge Shows Signs of Cooling
U.S. stock indexes opened on a positive note on Friday, recovering from the late-day slump in the previous session. Investors are eyeing narrow weekly gains as an important inflation gauge…
The Impact of the AI Trend on Intel’s Outlook
Intel shares saw a rally on Friday following their better-than-expected second-quarter earnings report. However, analysts are now raising concerns about the company's future outlook, specifically regarding the impact of the…
Consumer Outlook Brightens as Economic Data Shows Positive Signs
Retailers and other consumer companies experienced a boost in the market, with consumer discretionary stocks leading the charge. This surge was fueled by a series of positive economic data. One…
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