Stocks

Global Markets Cheered Fed’s Hint at Slowing Down Rate Hike Pace

 Stocks

U.S. equities stormed back from deep losses triggered by the Fed's rate hike decision after Chairman Jerome Powell said the central bank’s efforts to control inflation are “working as expected”.

February 2, 2023

views 2389
U.S. GDP Grew by 3.2 Percent on Annualized Basis

U.S. GDP Grew by 3.2 Percent on Annualized Basis

Dow Jones futures fell this European afternoon, along with S&P 500 futures and Nasdaq futures.

December 22, 2022

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Entertainment and Communication Stocks Took Baton of Worst Decliners from Social Networks

Entertainment and Communication Stocks Took Baton of Worst Decliners from Social Networks

U.S. equities fell for a fourth straight day on concerns that Federal Reserve monetary tightening to battle inflation could trigger a recession.

December 20, 2022

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More than Half of Europeans Put Inflation on Top of Their Concerns

More than Half of Europeans Put Inflation on Top of Their Concerns

The U.S. equities traded higher in the premarket this European afternoon ahead of the release of the latest activities reports on services and manufacturing sectors.

September 6, 2022

views 2453
FedEx Net Income Plummeted 70 Percent to $558 Million

FedEx Net Income Plummeted 70 Percent to $558 Million

FedEx Corp. (FDX) reported on Thursday that its Q4 fiscal 2022 revenue rose 8% on an annual basis to reach $24.4 billion.

June 24, 2022

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Airbnb Earnings: Convincing Recovery Story Domestically – Vague Picture Internationally

Airbnb Earnings: Convincing Recovery Story Domestically – Vague Picture Internationally

Just like FedEx and GM, hospitality stocks hint at the pace of economic reopening. So relevant earnings reports are actually more than just scheduled releases of financial numbers. They offer us a lot of useful forward looking information.

August 13, 2021

views 3254
FedEx Earnings: Why Investors Weren’t Impressed by Good Numbers?

FedEx Earnings: Why Investors Weren’t Impressed by Good Numbers?

FedEx (FDX, -4.34%) trades lower even after FQ4 revenue and profit at yesterday's financial report comfortably beat market expectations. The company is often referred to as the overall economy’s weather vane, so its earnings releases can’t be missed.

June 25, 2021

views 3263

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