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Update: US Equity Indexes Decline After July PCE Inflation Rate Rises
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa...
British Pound retreats as sticky PCE revives Fed hike bets
Sterling retreats some 0.39% as the US Dollar stages a recovery after a US inflation report revealed...
The Trade Desk (TTD) Plunged 22%. Did its Agency Problem Just Become an Earnings Problem?
The Trade Desk, Inc. (NASDAQ:TTD) shares plunged 21.9% on Friday, making the company the S&P 500’s worst performer, after a weak second-quarter report turned a long-running agency dispute into a harde ...
Reddit stock soars after S&P 500 inclusion announcement
Reddit Inc (NYSE:RDDT) shares jumped more than 16% on Friday after S&P Dow Jones Indices said the company will join the S&P 500 index next week. The inclusion is expected to trigger mandatory buying f ...
Canadian Dollar surges as sharp US Retail Sales miss hits the Dollar
The Canadian Dollar (CAD) is among the best performers on Friday, trading near a fresh two-month low against the US Dollar (USD) near the 1.3860s mark. The move coincides with a weak US Retail Sales r ...
US Dollar: Medium-term depreciation risks build – Nordea
Nordea strategists argue that while near-term risks for the Dollar are broadly balanced, the longer-term outlook remains negative.
Is CROX a Buy Now as Low Valuation Meets HEYDUDE and Tariff Risks?
Crocs trades at a discount as stronger brand trends and cash flow support the case, but HEYDUDE weakness and tariffs cloud the outlook.
United States Michigan Consumer Expectations Index down to 50.6 in August from previous 55.4
United States Michigan Consumer Sentiment Index registered at 51, below expectations (54.5) in August
United States Business Inventories came in at 0% below forecasts (0.1%) in June
Norwegian Krone: Dovish turn risks NOK appeal – Societe Generale
Societe Generale notes Norway’s central bank kept its policy rate unchanged at 4.25% and softened its hawkish tone. The bank still anticipates one further rate increase, but removed explicit guidance ...
Birkenstock falls after controlling shareholder L Catterton decides to trim its stake
US Dollar: Lower short-term yields weigh on the Greenback – MUFG
MUFG’s Lee Hardman notes the US Dollar (USD) is trading on a softer footing as Fed rate hike expectations are scaled back following weaker labour data and a mixed United States (US) Producer Price Ind ...
3 Oil & Gas Drilling Stocks Bucking a Bearish Industry Trend
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, NBR and HP.