Day: November 2, 2022

Nov 02
Steven Madden earnings topped expectations but full-year outlook was cut, as Wedbush warned

Shares of Steven Madden Ltd. SHOO, +1.51% were indicated up nearly 1% in premarket trading Wednesday, after the footwear, clothing and accessories company reported third-quarter earnings that topped expectations, but lowered its full-year outlook, as wholesale customers have pulled back on orders as they deal with excess inventory. Kudos to Wedbush analyst Tom Nikic, who […]

Nov 02
EUR continues retreat. Overview for 02.11.2022

On Wednesday, the market major is decreasing moderately, while the market is waiting for the decision of the Federal Reserve System. The current quote is 0.9870. The demand for the US currency is growing before the two-day meeting of the US Fed ends. Almost without a doubt, the rate will be raised by 75 base […]

Nov 02
Japanese Candlesticks Analysis 02.11.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the pullback near the support level, the pair has formed a Doji reversal pattern. Currently, the pair may go by the signal in the form of an ascending wave. The goal of growth will be 1.0010. However, the price may pull back to 0.9845, bounce off this […]

Nov 02
Huobi Global reportedly plans relocation to the Caribbean

The company may relocate up to 200 employees from Seychelles to one of the Caribbean jurisdictions. 1522 Total views 12 Total shares Chinese crypto exchange Huobi, which recently has had to disavow the rumors about massive layoffs inside the company, unveiled the plans to move its headquarters to one of the jurisdictions in the Caribbean, […]

Nov 02
EIA reports weekly declines in U.S. crude and gasoline supplies

The Energy Information Administration on Wednesday reported that U.S. crude inventories fell by 3.1 million barrels for the week ended Oct. 28. On average, analysts forecasted a decrease of 1.6 million barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also showed a weekly inventory decline of 1.3 million barrels for […]

Nov 02
Bausch + Lomb beats earnings expectations in Q3

An earlier version of this report gave incorrect revenue numbers. Bausch & Lomb had $942 million in revenue in the third quarter of the year, down from $949 million in the same three months of last year. It has been corrected. Bausch + Lomb Corp. BLCO, -2.93% said Wednesday that it had a loss of […]

Nov 02
Data and metadata management company Alation draws $1.7 bln valuation in funding round

Alation Inc. said Wednesday it closed a $123 million round of Series E financing that values the Redwood City, Calif., data management company at $1.7 billion. Thoma Bravo, Sanabil Investments and Costanoa Ventures led the round, with participation from new investor Databricks Ventures as well as existing and other investors such as Dell Technologies Capital […]

Nov 02
Amazon stock reverses early rally to trade lower again, putting it in danger of a 6th-straight loss

Shares of Amazon.com Inc. AMZN, -1.95% reversed an early gain to fall into negative territory, again, to put them in danger of a sixth-straight loss and the lowest close in 2 1/2 years. The ecommerce and cloud giant’s stock was up as much as 1.0% just after the opening bell, but was down 0.8% in […]

Nov 02
U.S. stocks open modestly lower as investors await Fed decision

U.S. stocks opened modestly lower on Wednesday as investors digested stronger-than-expected private payrolls data while waiting to hear from Federal Reserve Chairman Jerome Powell. The S&P 500 SPX, -0.52% opened 8 points, or 0.2%, lower at 3,847. The Dow Jones Industrial Average DJIA, -0.19% fell 102 points, or 0.3%, to 32,550. The Nasdaq Composite COMP, […]

Nov 02
Web Summit Lisbon, Nov. 2: Latest updates from Cointelegraph’s team on the ground

Binance CEO CZ talked about some of the latest crypto trends, why crypto is still a stable investment, Binance’s Twitter deal and more. 424 Total views 27 Total shares Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, and updates are in reverse order (the latest update […]