Day: October 26, 2022
The Boeing Co. stock BA, -6.75% fell 1.5% in premarket trade Wednesday, after the company’s third-quarter loss widened and revenue missed consensus estimates by almost $2 billion. The aerospace giant had a net loss of $3.308 billion, or $5.49 a share, for the quarter, wider than the loss of $132 million, or 19 cents a […]
Bed Bath & Beyond Inc. BBBY, -0.76% on Wednesday named Sue Gove as president and chief executive officer. She has been interim CEO of the retailer since June. The board of directors of the Union, N.J., company unanimously approved the appointment. Bed Bath & Beyond said Gove will focus on executing the company’s strategic plan […]
Mobileye Global Inc. MBLY, +28.55% was cheered by investors on its Wall Street debut on Wednesday, as shares of the autonomous driving spinoff of Intel Corp. INTC, -0.62% opened 27.2% above the initial public offering price. The company was valued at about $16.7 billion and raised $861.0 million, as it said late Tuesday that it […]
Shares of Harley-Davidson Inc. HOG, +11.49% rallied 1.4% in premarket trading Wednesday, after the motorcycle maker reported third-quarter profit and revenue that beat expectations by wide margins, citing a “strong recovery” in global motorcycle shipments. Net income rose to $261 million, or $1.78 a share, from $163 million, or $1.05 a share, in the year-ago […]
Finally, the day has come when we have something to say about the BTC. Over the last 24 hours, the leading crypto has grown quite a bit. On Wednesday, it is mainly fluctuating near 20,326 USD. The BTC even rose to 20,415 USD. This was due to an increase in the US stock indices: the […]
EURUSD, “Euro vs US Dollar” The pair is getting ready to break through the resistance level. The pair is going under the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen line is expected at 0.9920, followed by growth to 1.0125. An additional signal confirming the growth will be a bounce off the lower […]
Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and […]
The Energy Information Administration on Wednesday reported that U.S. crude inventories rose by 2.6 million barrels for the week ended Oct. 21. On average, analysts forecasted a decrease of 800,000 barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also showed a weekly inventory decline of 1.5 million barrels for gasoline, […]
The Bank of Canada on Wednesday lifted its key overnight lending rate by 50 basis points, or half a percentage point, to 3.75%. Nine of 12 economists surveyed by The Wall Street Journal had penciled in a 75 basis point rise. In a statement, the central bank said it expected inflation to ease “as higher […]
Microsoft Corp.’s stock MSFT, -5.25% took a 7.7% dive in morning trading Wednesday, toward the biggest one-day decline in 2 1/2 years, after the software behemoth provided a disappointing second-quarter revenue outlook. The stock was by far the biggest decliner in the Dow Jones Industrial Average DJIA, +1.00%, as the second-place loser was fellow software […]
