Materials stocks were weaker Thursday as higher rates may further take the air out of a big commodities rally in 2021.
Schlagwort-Archiv: Financial
Ford says second-quarter earnings will ’surpass expectations‘
Ford said its adjusted pretax earnings for the second quarter will „surpass its expectations,“ while net income will be „substantially lower.“
GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half
The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.
Cramer warns stock market could sink if Fed chief Powell ’slips up‘ during ‚endless heckling‘
CNBC’s Jim Cramer said Jerome Powell’s upcoming news conference could hit the market if the Fed chief „slips up“ when facing persistent inflation questions.
States to end unemployment benefits for more than 400,000 people this weekend
Eight states are opting out of federal unemployment programs, effective Saturday. Residents of Indiana sued the governor to stop that from happening.
Stocks making the biggest moves in the premarket: Oracle, Roblox, Kindred Biosciences & more
The stocks making the biggest moves in premarket trading include Oracle, Roblox, Kindred Biosciences, and more.
Former Barclays CEO’s fintech venture raises $187 million with backing from BlackRock and JPMorgan
10x Future Technologies was founded by Antony Jenkins in 2016 following his ousting from Barclays a year earlier.
Southeast Asia’s IPO market is ’still hot‘ — and Thailand appears to be leading the way
Thailand has been a standout in Southeast Asia’s IPO market in 2021, with deals totaling more than $2 billion in value so far, according to Dealogic data.
MicroStrategy CEO Michael Saylor says bitcoin is not the only cryptocurrency that can thrive
MicroStrategy CEO Michael Saylor told CNBC on Tuesday that bitcoin is not the only cryptocurrency that can thrive.
Oracle guidance misses expectations, stock drops
Oracle reported better-than-expected results and showed accelerating growth compared with the immediate impact of the coronavirus last year.