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Update: Nasdaq, S&P 500 Advance Amid Gains in Chipmakers While Crude Oil Slips
(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)...
Zelenskyy says ‘battle in the sky’ will decide outcome of war with Russia
Ukrainian leader says Donald Trump has changed his mind about the conflict...
High Freight Costs Force Asian Buyers to Cancel U.S. LPG Cargoes
The Middle East supply crunch has led to soaring freight rates to ship liquefied petroleum gas (LPG) to Asia from other regions, prompting some buyers to cancel U.S. cargoes due to the high shipping c ...
Belgium Consumer Price Index (MoM) declined to -0.08% in May from previous 1.47%
Belgium Consumer Price Index (MoM) declined to -0.08% in May from previous 1.47%
Australian Dollar: Faces corrective phase versus New Zealand Dollar – MUFG
MUFG’s Derek Halpenny and Abdul-Ahad Lockhart report that the AUD/NZD rally may have peaked as rate differentials begin to turn. They stress that the Reserve Bank of New Zealand (RBNZ) signalled forth ...
Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign
(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullis ...
Ferrari backlash: Lamborghini CEO says canceling its EV plan was 'the right way to go'
Earnings Snapshot: XPeng posts in-line Q1 revenue but misses earnings estimates as deliveries drop 33%
RBNZ: Preemptive hikes and neutral ceiling – TD Securities
TD Securities’ Prashant Newnaha shifts the Reserve Bank of New Zealand (RBNZ) call to start 25 bps hikes in July rather than September, keeping a total of four moves in the profile.
Drone stocks rally after report Trump administration explores funding deals
State AGs challenge Trump admin medical marijuana shift
Weibo Non-GAAP EPS of $0.34 misses by $0.02, revenue of $421.3M beats by $4.33M
United States Dollar Index (DXY) Price Forecast: Sticks to gains above 99.00; US PCE eyed
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some follow-through buying for the third straight day and climbs to a fresh high since April 4, around th ...
XPeng Non-GAAP EPADS of -$0.26 misses by $0.10, revenue of $1.89B in-line; gives Q2 outlook