Latest Market News

Nov 02
Big 5 Sporting Goods’ stock dips 8% on lowered earnings guidance

Big 5 Sporting Goods Corp.’s. stock BGFV, -0.08% slid 8% in extended trading Tuesday after the retail chain provided fiscal fourth-quarter earnings guidance of between 8 cents and 20 cents a share, while analysts were expecting 29 cents a share. For the third quarter, Big 5 reported net income of $6.4 million, or 29 cents […]

Nov 02
Dupont ends $5.2 billion deal to buy Rogers Corp.

DuPont de Nemours Inc. DD, +2.62% said late Tuesday it has ended its deal to buy Arizona-based engineered-materials maker Rogers Corp. as the companies could not get “timely clearance” from all the required regulators. DuPont is paying Rogers a termination fee of $162.5 million in accordance with the agreement. The $5.2 billion deal, announced in […]

Nov 01
Yum China stock up after earnings, but execs downcast on October and beyond as COVID, inflation weigh

Shares of Yum China Holdings Inc. YUMC, +4.14% reported third-quarter per-share profit that topped expectations, and said it expected to continue opening stores as planned this year even as COVID-19 restrictions and inflation fears weigh on business. The company — which runs KFC, Pizza Hut and Taco Bell restaurants in China — reported net income […]

Nov 01
Japanese Candlesticks Analysis 01.11.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” On H4, at the resistance level, the pair has formed a Sandwich reversal pattern. Currently, the pair is going be the signal in a descending wave. The goal of the pullback will be 1.3545. Later the price may bounce off the support level and continue the uptrend. However, the […]

Nov 01
Murrey Math Lines 01.11.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI earlier bounced off 70 and is going down step by step. Currently, we should expect a test of 4/8 (0.6347), a breakaway of it, and falling to the support level of […]

Nov 01
Twitter monetization and free speech drove Binance’s $500M injection: CZ

Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts. 3213 Total views 35 Total shares Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free […]