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Recent Posts

  • Schibsted Marketplaces sells Prisjakt to eEquity for SEK 500m
    May 6, 2025
  • Zalando beats first-quarter sales forecast despite ’cautious’ consumers
    May 6, 2025
  • Analysis-’Asian crisis in reverse’ as currencies soar on the dollar
    May 6, 2025
  • December 3, 2024

ADP jobs data, services PMI, and Fed's Powell speech top Wednesday's agenda

As traders approach another pivotal day for financial markets on Wednesday, December 4, 2024, a series of crucial economic data releases and a key speech from Federal Reserve...

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  • December 3, 2024

Five Below, Synopsys, PVH to report earnings Wednesday

Earnings season continues, with several notable companies set to release their financial results on Wednesday, December 4, 2024. Leading the pack are retail giant Dollar Tree,...

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  • December 3, 2024

Broadcom initiated at Hold by HSBC

-- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid...

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  • December 3, 2024

ADM sees challenges continuing into 2025, focus on cost controls

By Karl Plume CHICAGO (Reuters) - Global grains trader Archer-Daniels-Midland said on Tuesday the company is focusing on controlling costs as a "challenging" commodities cycle...

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  • December 3, 2024

Jefferies upgrade supermarket chain Kroger to 'buy"

-- Jefferies has upgraded Kroger Company (NYSE:KR) to "buy," as it views the grocery chain’s valuation would grow regardless of whether its pending merger with ...

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  • December 3, 2024

Lazard hires Citigroup's Miller in energy investment banking push, sources say

By David French (Reuters) - Lazard (NYSE:LAZ) has hired veteran Citigroup (NYSE:C) investment banker Chris Miller as a managing director to help drive its dealmaking efforts in...

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  • December 3, 2024

Amazon's cloud service shows new AI servers, says Apple will use its chips

By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) - Amazon.com (NASDAQ:AMZN)'s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will...

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  • December 3, 2024

Microsoft faces UK lawsuit over cloud computing licences

LONDON (Reuters) - Microsoft (NASDAQ:MSFT) faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon (NASDAQ:AMZN),...

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  • December 3, 2024

Analysts react to Shopify's Black Friday sales data

-- Shopify’s 2024 Black Friday and Cyber Monday (BFCM) sales numbers are drawing mixed reactions from analysts, with both Oppenheimer and Mizuho (NYSE:MFG) noting...

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  • December 3, 2024

Clean fuel tax credit guidelines delayed, shares of Darling Ingredients drop

The Biden administration will not complete the guidelines for the new clean fuel production tax credits before the end of President Joe Biden's term. This delay affects the airline...

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