U.S. Stock Futures Rise as Fed Takes Dovish Turn
U.S. stock futures rise after the Federal Reserve's unexpected dovish pivot, signaling an end to the interest rate hike cycle and possible rate cuts in 2024.
Bunzl Expects Revenue Decline in 2023
Bunzl expects a decline in revenue for 2023 due to the disposal of its U.K. healthcare arm, but remains optimistic about future growth. They project moderate growth in adjusted operating profit and aim to build on their strong performance.
Currys Reports Lower-than-Expected Sales Decrease in First Half of Fiscal 2024
Currys, the retailer of technology products, announces a lower-than-expected decrease in sales for the first half of fiscal 2024, amid economic challenges. The company remains confident in its financial forecast and expects to finish the ye...
Adobe Shares Decline on Disappointing Revenue Guidance
Adobe shares decline after revenue guidance falls short, despite strong AI tool adoption. Q4 revenue of $5.05 billion marks 12% increase.
Reassessing Coinbase: Unexpected Pricing Shifts and Resilience in Challenging Crypto Market
Analyst Patrick O'Shaughnessy reassesses Coinbase's potential in the crypto market, acknowledging unexpected pricing shifts and its resilience. The article discusses the changes in Coinbase's customer base and its ability to adapt to indust...
Greenidge Generation Enters Partnership and Share Exchange with Infinite Reality
Shares of Greenidge Generation surge after announcement of partnership and share exchange with Infinite Reality. GreenidgeAI launched to provide infrastructure solutions for AI workstreams. Future plans include joint design and construction...
Capital Increase Resulting from the Subscription of Shares Reserved for Employees
L'AIR LIQUIDE S.A. experiences a capital increase due to employee share subscription, resulting in a stronger foundation for operations.
The Return of the Classic 60/40 Portfolio
The classic 60/40 portfolio, consisting of 60% stocks and 40% bonds, has reemerged as an attractive investment strategy. Vanguard predicts higher bond returns and lower stock returns, making it an ideal choice for long-term investors. With...
U.S. Stock Index Futures Hold Near Highs Amid Cautious Trading
U.S. stock index futures are holding near highs as traders exercise caution ahead of inflation data that could impact the Federal Reserve policy meeting. Positive performance and expectations driven by hope for interest rate cuts. Categorie...
UK Wage Growth Cools, Unemployment Rate Holds Steady
Wage growth in the UK has slowed down while the unemployment rate remains steady. The Bank of England's upcoming meeting on interest rates is influenced by this data.