“XLE” – the Energy Select Sector SPDR Fund is in the red on Monday after OPEC+ agreed against cutting oil production further that sent oil prices back under $80 a…
Investing
Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin…
Apple Inc (NASDAQ: AAPL) is in focus this morning after its biggest iPhone supplier reported a big hit to revenue in November. Foxconn revenue tanks 29% in November Foxconn Technology…
The Confederation of British Industry (CBI) has cautioned that the UK economy is staring at a decade of missed growth unless action is taken on investment tax exemptions, the Northern Ireland…
The Hang Seng (HSI) index has staged a strong recovery as investors reflect on the ongoing Hong Kong’s and Chinese reopening. It rose to a high of H$19,518, the highest…
The last NFP report released in 2022 triggered intense volatility in financial markets. Good economic news is bad news for stocks and excellent news for the US dollar – this…
The FTSE 100 index has recovered modestly in the past few weeks as hopes of central banks’ pivot increased. It rallied to a high of £7,633, which was the highest…
France’s CAC 40 index advanced on a weekly basis even though rating agency S&P Global cut France’s outlook to “negative” from “stable.” According to S&P, the country’s slowing economy and…
Blackstone Inc (NYSE: BX), on Friday, limited withdrawals from its property fund after fears related to the health of the commercial real estate market fuelled redemptions. Still, Jim Lebenthal of…
Ford Motor Company (NYSE: F) says it more than doubled its electric vehicle sales in the United States last month. Shares are still trading down on Friday. Ford reports a…