Credit Suisse Group AG (SWX: CSGN) is trading down on Wednesday after the struggling lender said it could lose as much as $1.60 billion in its fourth financial quarter. Credit…
Pinduoduo at the blink of a breakout to $100. What to expect in the quarter earnings
When Pinduoduo Inc. (NASDAQ:PDD) last reported earnings, the stock saw increased investor interest. As Invezz reported, the company saw a 268% increase in net income on strong consumer demand and…
Smart electricity meter penetration rate in Europe reached 56 percent at the end of 2022
More than 56 percent of the electricity customers in EU27+3 had a smart meter at the end of 2022 The market is set for robust growth in the coming years…
Leaders of prominent human rights organizations refute Elon Musk’s allegations that they violated their deal with him by urging businesses to stop using Twitter for advertising. Musk tweeted, a large…
Litecoin (LTC/USD) has traded higher in the past one month, and added to the momentum with a double-digit gain on Wednesday to breach the $80 price level for the first…
Initial claims for regular state unemployment insurance jumped by 17,000 for the week ending November 19th, coming in at 240,000. The previous week’s 223,000 was revised up from the initial…
The final November results from the University of Michigan Surveys of Consumers show overall consumer sentiment declined for the month, holding near historically low levels (see first chart). The composite…
Sarat Sethi, the Managing Partner and Portfolio Manager at investment advisory firm Douglas C Lane & Associates, believes oil and gas will lead the market going into 2023. The financial…
Deere & Company (NYSE: DE) is trading significantly up this morning after reporting its fourth-quarter sales that topped Street expectations by more than $2.0 billion. Is Deere stock a ‘buy’…
New orders for durable goods rose 1.0 percent in October, following a 0.3 percent gain in September. Total durable-goods orders are up 11.5 percent from a year ago. The October…