Latest Market News

Oct 24
Medtronic to separate its patient monitoring and respiratory interventions businesses

Medtronic Plc MDT, +0.98% said Monday it’s planning to separate its patient monitoring and respiratory interventions businesses in a move aimed at better positioning both the NewCo and Medtronic for long-term success. The Dublin-based medical device company said the business had about $2.2 billion in revenue in fiscal 2022. It expects the separation to be […]

Oct 24
Schlumberger changes name to SLB with focus on decarbonization

Schlumberger Ltd. SLB, +10.33% said Monday it has changed its name to SLB to underscore its shift from an oil services company to a business focused on decarbonized energy. The new name affirms SLB’s change “from the world’s largest oilfield services company to a global technology company focused on driving energy innovation for a balanced […]

Oct 24
Coronavirus tally: President Biden to get updated COVID booster on Tuesday and urge more Americans to get their’s

President Joe Biden will receive his updated COVID booster shot Tuesday, and will encourage more Americans to get theirs, too. NBC News first reported the booster news, which was confirmed by a tweet from White House assistant press secretary Kevin Munoz and in an emailed statement, in which the White House said “The President will […]

Oct 24
Tesla cuts prices for some vehicles in China: reports

Tesla Inc. TSLA, +3.45% has cut the prices of some of its vehicles in China, according to reports Monday. Reuters reported that Tesla reduced starting prices for the Model 3 and Model Y by as much as 9% in the country. Bloomberg News highlighted that the price of the basic Model 3 fell to 265,000 […]

Oct 24
The cryptocurrency market digest. Overview for 24.10.2022

BTC stopped again, HT continues rally. The BTC was growing quite noticeably for 2 sessions in a row but on Monday it is going back moderately again. It is mostly fluctuating near 19,272 USD. Last Friday, the BTC dropped to 18,650 USD at times after the US stock market crashed. However, later the stock indices […]

Oct 24
EURUSD: Fed’s interest rate is in focus again. Overview for 24.10.2022

On Monday, the EURUSD major looks quite stable. The current quote is 0.9840 In the US Fed, they are discussing an increase in the interest rate by 75 base points again, as reported in a WSJ publication. Some members of the monetary committee do not exclude the chance for a slow-down in the tightening of […]