Dollar appears to be gathering steam for a stronger, sustainable near-term rebound, although the precise catalyst remains unclear. One contributing factor an undercurrent of risk aversion, which is reflected in the broad selloff in the Australian and New Zealand Dollars. Yet, the overall market picture is mixed, as US stock futures inch higher and Treasury
0 Comments
In this article WDAY Follow your favorite stocksCREATE FREE ACCOUNT Carl Eschenbach, CEO of Workday, speaks on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Gerry Miller | CNBC Workday, a maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more
0 Comments
Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings. The mutlinational conglomerate, which
0 Comments
Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025.  Bloomberg | Getty Images Shares of the world’s largest brewer AB InBev jumped more than 8% on Wednesday after the company posted better-than-expected fourth-quarter sales despite an annual decline in volumes. The drinks maker, whose brands include Budweiser, Corona
0 Comments
In this article TJX Follow your favorite stocksCREATE FREE ACCOUNT North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Cos. posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores
0 Comments
Extreme fear is driving US stock indexes, according to a popular CNN Business index. Their index has fallen to 22, repeating December’s lows. Only in early August last year did the indicator dip below 22 for a few days. An area of extreme fear is often seen as an attractive time to buy. However, the
0 Comments
UPCOMING EVENTS: Monday: German IFO. Tuesday: US Consumer Confidence. Wednesday: Australia Monthly CPI. Thursday: Switzerland Q4 GDP, US Durable Goods Orders, US Q4 GDP (2nd estimate), US Jobless Claims. Friday: Tokyo CPI, France CPI, Germany CPI, Canada GDP, US PCE. Tuesday The US Consumer Confidence is expected at 103.0 vs. 104.1 prior. The last report
0 Comments
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own
0 Comments