Day: October 13, 2022
Fed-funds futures traders priced in a 97.8% probability the Federal Reserve will lift its key interest rate by 75 basis points, or 0.75 percentage point, to a range of 3.75% to 4% in its early November meeting, up from 84.5% on Wednesday, according to the CME FedWatch tool. The move comes after a hotter-than-expected core […]
Shares of Fastenal Co. FAST, -1.53% fell 1.2% in premarket trading Thursday, even after the industrial and construction supplies distributor reported third-quarter profit and sales that rose above expectations. Net income increased to $284.6 million, or 50 cents a share, from $243.5 million, or 42 cents a share, in the year-ago period. The FactSet consensus […]
Pfizer Inc. PFE, +0.26% and German partner BioNTech SE BNTX, +5.53% said Thursday early data from a Phase 2/3 clinical trial of their omicron BA.4/BA.5-adapated bivalent booster showed positive results in treating individuals aged 18 and older. The data collected 7 days after administering a 30-ug booster dose showed a “substantial increase” in neutralizing antibodies. […]
Shares of BlackRock Inc. BLK, -0.01% was little changed in premarket trading Thursday, after the investment management giant reported third-quarter profit and revenue that fell from a year ago but beat expectations, as strong bond inflows continued while equities declined. Net income declined to $1.41 billion, or $9.25 a share, from $1.68 billion, or $10.89 […]
The global tally of COVID cases fell 10% in the week through Oct. 9 from the previous week, the World Health Organization said in its weekly update on the pandemic. The number of fatalities was stable versus the previous week at about 9,000. Omicron remained the dominant variant, accounting for 99.9% of cases sequenced in […]
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. Source: Cointelegraph
Shares of Delta Air Lines Inc. DAL, +1.28% climbed 3.49% in premarket trading Thursday after the carrier reported third-quarter revenue significantly above the same period in 2019, before the pandemic hit. Revenue of $13.98 billion was up from $12.56 billion in 2019. Analysts surveyed by FactSet had projected revenue of $12.9 billion. Net income of […]
The major currency pair is looking neutral on Thursday. The current quote for the instrument is 0.9700. The currency market seems to have calmed down – you don’t often see such a situation recently. Investors decided to simply monitor what is happening in the market in anticipation of important statistics. Yesterday, the US FOMC released […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 0.9680. If later the price breaks the range to the upside, the market may start a new correction up to 0.9794; if to the downside – resume trading downwards with the target at 0.9600, or even extend this structure down to 0.9500. GBPUSD, “Great Britain […]
The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditi… Source: Cointelegraph
