Ford Just Reported a $3.1 Billion Loss. Blame Sliding Demand, Strong Dollar and… Rivian
New York(CNN Business) In the days after its November IPO, electric truck maker Rivian was briefly one of the world's most valuable automakers despite not yet having reported a single sale.
Apple Is the Last FAANG Standing. How Its Earnings Could Move the Market.
Apple is the last FAANG standing — and its earnings report this coming week could go a long way toward determining if the stock market bounces back or slides even further.
Cathie Wood Trims Spotify And Buys Netflix-Fueled Dip In These 2 Stocks
Cathie Wood-led Ark Investment Management on Wednesday raised its exposure in Roblox Corp (RBLX) and Roku Inc (ROKU) on the dip and sold shares in Spotify Technology SA (SPOT) after streaming giant Netflix Inc (NFLX) announced a massive fall in subscribers.
China Q1 2022 GDP: five things to watch
China’s economic outlook was already challenging at the beginning of the year, as the effects of President Xi Jinping’s crackdown on property and other high-growth industries rippled through the world’s second-largest economy.
Jamie Dimon Predicted ‘Storm Clouds’ ahead for U.S. Economy Later This Year
The CEO of the biggest U.S. bank by assets said Wednesday that economic growth will continue at least through the second and third quarters of this year, fueled by consumers and businesses flush with cash and paying off debts on time.
Summit Therapeutics(SMMT) Insiders Placed Bullish Bets Worth US$62m in Last 12 Months
Over the last year, a good number of insiders have significantly increased their holdings in Summit Therapeutics Inc. (SMMT).
Soaring Gas Prices: Enough Evidence to Short Auto Stocks?
Chip shortages, supply chain disruptions and depleted inventory levels are just three of the headwinds auto stock investors have been dealing with in recent quarters.
What Victor Orban’s Election Victory Means for EU Politics and Markets
Orban, a self-styled illiberal democrat, is most apparently an incumbent again winning by a wide margin.
U.S. PCE Price Index Up by 6.4% in Q4 2021
The Bureau of Economic Analysis revealed in its report about the U.S.’s Q4 2021 gross domestic product (GDP) published on Wednesday.
Sudden Burst: Bitcoin Pushes Above $46,000 For The First Time Since Jan. 5
For the first time since Jan. 5 Bitcoin BTC/USD broke above the $46,000 mark on Sunday.
U.S. Labor Market Tightens as Weekly Jobless Claims Hit Lowest Level Since 1969
The number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week
Millions in China’s Northeast Placed under COVID-19 Lockdown
China has imposed stay-at-home orders on millions more people in the country’s northeast, as it tries to tackle its biggest coronavirus outbreak in two years.
Federal Open Market Committee Decided to Hike Key Rate by 25 BP, Blamed Elevated Inflation and Geopolitics
In line with consensus expectations, the Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 25 basis points at its meeting on March 15-16, 2022.
How Some Top Cryptocurrencies Performed During Joe Biden’s Time in Office
Joe Biden won the 2020 Presidential Election after defeating incumbent Donald Trump.