A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continued their buying spree on heavily shorted stocks. Scott Olson | Getty Images Find out which companies are making headlines in the midday business. You’re here – The electric …
Check out the companies making headlines before the bell: You’re here (TSLA) – Tesla gained 1.6% in pre-market during a volatile session, after a seven-game losing streak and declines in ten of the last eleven sessions. Baird cut his price target on Tesla to $252 per share from $316, but continues to note the stock …
The Bank of Japan shocked global markets on Tuesday by widening the target range for its 10-year government bond yield. Kazuhiro Nogi | AFP | Getty Images Global markets were shaken overnight after the Bank of Japan unexpectedly widened its cap on Japanese 10-year government bond yieldstriggering a sell-off in bonds and stocks around the …
Bank of Japan shocks global markets with bond yield shift Read More »
LONDON – UK inflation was slightly below expectations at 10.7% in November as cooling fuel prices helped ease price pressures, although high food and oil prices energy have continued to weigh on households and businesses. Economists polled by Reuters had forecast an annual rise in the consumer price index of 10.9% in November, after October …
UK inflation falls from 41-year high as fuel price surge eases Read More »
Shoppers carry bags of merchandise purchased at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Consumers grew more optimistic about inflation in November as food and energy price increases were expected to be less severe in the year ahead, a survey shows. from the …
Consumers see inflation easing considerably next year, New York Fed survey shows Read More »
SOPA Pictures | Light flare | Getty Images Check out the companies making the biggest moves at midday: lululemon – Lululemon shares fell 12% after the sportswear company delivered a weaker-than-expected result fourth quarter outlook. In the third quarter, the company exceeded Wall Street expectations for revenue and earnings. Beyond meat — Beyond Meat shares …
A shopper loads a car with bottled water at a Costco wholesaler in Chingford, Britain on March 15, 2020. John Sibley | Reuters Find out which companies are making headlines in the midday business. Selling power – Shares of the cloud-based software company fell more than 9% after the company announced the sudden departure of …
NEW YORK (AP) — Cautious shoppers sought the best deals in stores and online as retailers offered new Black Friday discounts to entice consumers eager to start shopping for holiday gifts but weighed down by inflation. . Due to high prices for food, rent, gasoline and other necessities, many people were more selective, reluctant to …
Inflation hovers over shoppers seeking deals on Black Friday Read More »
BEIJING (AP) — Police beat workers protesting a pay dispute at Apple’s biggest iPhone factory, whose new model is being held up by controls imposed as China tries to contain a rise in cases of COVID-19. Foxconn, the largest contract assembler of smartphones and other electronics, is struggling to fulfill iPhone 14 orders after thousands …
Protesting workers beaten at Chinese iPhone factory Read More »
The sky is not clearing up for Carvana. On the contrary, heavy clouds continue to gather over the company which has been one of the big winners of the covid-19 pandemic, with massive growth. Since the announcement of its quarterly results on November 3, Carvana (CVNA) – Get a free report the shares have lost …
Collapse of Carvana, the ‘Amazon of Used Cars’, Continues Read More »