Atlanta Fed President Raphael Bostic told CNBC Thursday after the inflation report, „My views have not changed.“
Stocks making the biggest moves premarket: Under Armour, Zillow, Expedia and others
These are the stocks posting the largest moves before the bell.
U.S. inflation data is like a ‚punch in the stomach‘ for the Fed, says Citi economist
That means the next Fed rate hike could be as aggressive as 50 basis points, said Nathan Sheets, global chief economist at Citi Research.
Stock futures are flat after Thursday’s sell-off as investors eye volatile bond market
Thursday’s rout in risk assets came as Treasury yields spiked in reaction to the hottest inflation reading in four decades.
Stocks making the biggest moves after hours: Zillow, Expedia, Cloudflare and more
See which stocks are posting big moves after the bell.
China’s biggest chipmaker SMIC posts record revenue despite U.S. sanctions
SMIC, China’s largest chipmaker, is seen as a key player in Beijing’s ambitions to become more self-sufficient in the semiconductor industry.
Under Armour earnings top estimates, but shares fall as supply chain issues hurt growth
Under Armour shares are falling despite the retailer reporting fiscal fourth-quarter earnings and sales ahead of analysts‘ estimates.
Affirm shares plummet 21% after company releases financial results early
Affirm is one of several hot „buy now, pay later“ companies, which offer short-term and low-interest loans to users when they buy consumer goods online.
Zillow soars on upbeat outlook and faster-than-expected selloff of homes in portfolio
Zillow said on Thursday in its fourth-quarter earnings report that its winding down its home-flipping business at a rapid clip.
GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way
The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic…