Kraft Heinz also raised its third-quarter forecast for organic sales growth.
Archiv für den Autor: admin
Peloton crushes estimates as sales surge 172%, expects strong demand to continue into 2021
Peloton’s fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at home during the coronavirus pandemic.
Oracle’s stock jumps as company returns to growth
The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.
Slack shares plunge as growth stays steady with no coronavirus spike
Slack’s revenue grew at around 50% for the third consecutive quarter, and the company reported more paying customers than analysts had expected.
Lululemon quarterly sales top expectations, CEO ‚cautiously optimistic‘ for rest of 2020
CEO Calvin McDonald said the retailer is „cautiously optimistic“ about the rest of the year. Lululemon is not offering a 2020 outlook at this time.
Nasdaq 100, DAX 30 & FTSE 100 Forecasts for the Week Ahead
Technology stocks continue to be a source of weakness for US equities, undermining risk appetite. Meanwhile, US-China tensions simmer beneath the surface creating uncertainty.
New Zealand Dollar Outlook: NZD/USD May Rise on RBNZ, Watch S&P 500
The growth-linked New Zealand Dollar may rise on the upcoming RBNZ rate decision following rosy economic data. However, downside potential in the S&P 500 could offset NZD/USD gains.
CAD/JPY was the biggest FX mover this week
NZD was also strong
The yen was the top performer this week while the kiwi lagged. On its face, that fits in nicely with the ‚risk off‘ theme but the old risk on/off paradigm hasn’t applied for a long time. Neck-and-neck with the yen as the top performer was the New Zealand dollar.
The yen was the top performer this week while the kiwi lagged. On its face, that fits in nicely with the ‚risk off‘ theme but the old risk on/off paradigm hasn’t applied for a long time. Neck-and-neck with the yen as the top performer was the New Zealand dollar.
ForexLive Americas FX news wrap: Dollar climbs as equities slump
Forex news for North American trading on September 18, 2020:
Markets:
– Gold up $6 to $1950
– WTI crude oil down 4 cents to $40.93
– US 10-year yields up 0.6 bps to 0.695%
Quadruple witching was the buzz on Friday and selling equities was the trade. They opened higher initially but fell shortly after the open for a
Markets:
– Gold up $6 to $1950
– WTI crude oil down 4 cents to $40.93
– US 10-year yields up 0.6 bps to 0.695%
Quadruple witching was the buzz on Friday and selling equities was the trade. They opened higher initially but fell shortly after the open for a
Major indices close in the red. S&P and NASDAQ post the 3rd straight losing week
S&P leads the way to the downside today
The final numbers are showing:
For the week, each of the major indices close lower:
The final numbers are showing:
For the week, each of the major indices close lower: