Lululemon Athletica Inc (NASDAQ: LULU) lost about 10% on Monday after lowering its earnings outlook for the current financial quarter. Lululemon’s updated outlook for Q4 According to the athletic apparel…
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One of the few US banks to serve the crypto industry, the Metropolitan Commercial Bank, has today announced that it is ending crypto-related services. The bank said that the move…
Duck Creek Technologies Inc (NASDAQ: DCT) opened nearly 50% up this morning after Vista Equity Partners said it will buy the insurance software company for $2.6 billion. Details of the…
Investing
Should you buy or sell the Dax index amid German industrial production rebounding?
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Germany is the largest European economy and the engine of European economic growth. Since Russia invaded Ukraine almost one year ago, all eyes have been on Germany and how its…
Ocado (LON: OCDO) share price had a strong start of the year even as concerns about e-commerce stocks rise. The shares have risen by more than 16% in 2023, making…
The 2023 earnings season starts with four major US banks reporting quarterly earnings this week. In light of the Federal Reserve’s tightening of financial conditions, it is interesting to see…
Standard Chartered (LON: STAN) has had a strong start of the year. The shares jumped to a high of 796p, the highest point since June 25. At its peak this…
Macy’s Inc (NYSE: M) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department…
The second week of the trading year looms as the FX market returns to normal. After weeks when liquidity was low, the trading environment is back to to normal. The…
The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December…