Tag: shares

June 21, 2023

Shares of the online retail giant slumped 0.8% after the Federal Trade Commission said it was suing Amazon over allegations of deceptively pushing customers to sign up for Prime and frustrating them in their efforts to cancel. The delivery company […]

June 8, 2023

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the yellow metal may not be ripe for a bearish break just yet. The IG Client […]

June 5, 2023

World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yields drifted higher as traders pared bets that U.S. rate cuts are on the horizon given sticky price […]

June 5, 2023

U.S. stocks are drifting Monday to begin what could be a quiet stretch following their best week since March. The S&P 500 edged up 0.3% in morning trading. The Dow Jones Industrial Average was down 61 points, or 0.2%, at […]

May 2, 2023

Canvas has consistently grown over the past 10 years, with the LMS now being used by more than one-third of higher education institutions in the U.S. and Canada, according to an annual analysis from market research and consulting firm Phil […]

May 2, 2023

Ford topped analysts’ expectations on the top and bottom lines, according to Refinitiv. However, the firm reiterated its prior full-year guidance of adjusted earnings between $9 billion and $11 billion, as well as about $6 billion in adjusted free cash […]

April 28, 2023

Wall Street closed out a winning April with gains Friday after more companies said their profits at the start of the year weren’t as bad as expected. The S&P 500 rose 34.13, or 0.8%, to 4,169.48. Despite some sharp swings […]

April 28, 2023

The company reported a nine per cent hike in revenue compared to last year. But an early uplift in the tech giant’s stocks took a dip after chief financial officer Brian Olsavsky said cloud customers were seeking to cut their […]

April 27, 2023

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead. Gross domestic product, a measure of all goods […]

April 27, 2023

Wall Street is rising Thursday after Meta Platforms became the latest Big Tech company to blow past profit expectations and reports painted a mixed picture of the U.S. economy. The S&P 500 was 0.7% higher in early trading and on […]

April 21, 2023

The Dollar Index (DXY) has managed to trade marginally higher this Friday morning as we enter the European session. In what has been a muted Asian session, the greenback has found support from hawkish Fed speak last night. The Fed’s […]

April 21, 2023

UK PMI data from S&P Global/CIPS revealed the same uneven growth seen in the EU report as services continue to excel while the manufacturing sector witnesses a further contraction. A global growth slowdown coupled with the hottest inflation in western […]

April 20, 2023

Oil continues to selloff after posting the monthly high last week of around $83.53 when looking at the continuous futures chart (CL1!) as a relatively stronger dollar and global demand concerns weigh on the energy commodity. The calm witnessed in […]

April 3, 2023

Oil prices are climbing Monday and threatening to add more upward pressure on inflation, while stock markets worldwide were making only modest moves. The S&P 500 was 0.1% higher in early trading. The Dow Jones Industrial Average was up 226 […]

March 31, 2023

Stocks are ticking higher Friday to keep Wall Street on track for a winning March and first quarter of the year, despite a long list of worries thrown at it. The S&P 500 was 0.5% higher in early trading. It’s […]

March 30, 2023

Oil prices rose more than 1% on Thursday, supported by lower U.S. crude stockpiles and a halt to exports from Iraq’s Kurdistan region, which offset pressure from a smaller-than-expected cut to Russian supplies. Brent crude futures rose 95 cents, or […]

March 20, 2023

Asian stocks tumbled on Monday amid signs of a deepening crisis in the financial system, lingering fears of a global recession and anxiety ahead of a Federal Reserve meeting this week. Regulators in Asia issued reassuring statements that their banking […]

March 17, 2023

Investor sentiment remained fragile on Friday despite massive rescue for the banking sector, leaving global equities under pressure while gold prices were poised for their largest one-week rally since March 2020. U.S. Treasury yields extended their slide, and oil prices […]

March 9, 2023

Major global stock markets were mostly lower Thursday amid worries about more U.S. interest rate hikes. London, Shanghai and Frankfurt declined. Tokyo advanced. Oil prices were lower. Wall Street futures were lower following Federal Reserve chair Jerome Powell’s warning that […]

February 27, 2023

Stocks are rallying Monday, clawing back some of their losses from Wall Street’s worst week since early December. The S&P 500 was 1% higher in morning trading and on pace for just its second gain in the last seven days. […]