In this article BA An aerial view of Boeing 777X and Boeing 737 MAX 10 airplanes parked at King County International Airport-Boeing Field, in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing on Wednesday stuck by its forecast to return to free cash flow in this year as it prepares to resume deliveries of its 787 Dreamliner
Month: July 2022
Shopify missed on top and bottom lines for Q2. SHOP stock is down more than 6% in Wednesday’s premarket. Shopify has begun laying off 10% of its workforce. Shopify (SHOP) stock is having a bad week, to say the least. First, the company announced mass layoffs that would affect about 10% of its workforce or
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In this video, we will talk about how to trade a SIMPLE Forex trading strategy. I believe trading Supply and Demand will help a lot of beginner traders because it’s easy to learn. Telegram group (free): https://t.me/realdaytradingaddict New* Training Videos: 👉 Trading program: https://tradewinprofit.podia.com/ Instagram @daytradingaddict Disclaimer: The information contained in this presentation is solely
The team behind the Harmony blockchain project has proposed the minting of up to 4.97 billion worth of its native token ONE to compensate victims of the $100 million Horizon Bridge hack in June. The proposal has been met with a significant amount of backlash from members of the community, with many highlighting concerns that
The major stock indices remain pressured with the NASDAQ index down nearly 2% ahead of some key earnings including Microsoft and Alphabet after the close. A snapshot of the market currently shows: Dow industrial average is down -241 points or -0.76% at 31749 S&P index down -49.13 or -1.24% at 3917.81 NASDAQ index -225.60 or
The UK’s Recruitment & Employment Confederation’s measure of confidence in hiring and making investment fell to -13 in the three months to June the lowest since the same period in 2020 down from -7 in the three months to May – Remarks from the report: “This new report clearly shows the effect of rising inflation
Gold rose marginally on Tuesday on the back of a weaker dollar, but the upside was capped as investors refrained from taking bigger bets ahead of the US Fed’s meeting over interest rate hikes. Expectations of around a 100-basis point rate hike surged after US annual consumer prices saw their sharpest spike in more than
Markets continue to be very quiet in Asian session today. Investors are clearly holding their bets ahead of tomorrow’s FOMC rate hike. Dollar is a softer one together with Yen and Swiss Franc. On the other hand, Canadian Dollar is firmer together with Aussie. Euro and Sterling are mixed. Generally speaking, most major pairs and
Everyone who cares knows that recessions happen when there are two consecutive quarters of negative growth — everyone, that is, except for the people who actually decide when the economy is in recession. For those folks, at the National Bureau of Economic Research, the definition of recession is much squishier. Officially, the NBER defines recession
In this article MCD A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s on Tuesday said both price hikes and value items fueled U.S. same-store sales growth, which was higher than expected during its second quarter. However, CEO Chris Kempczinski
Gold price picks up bids to consolidate the weekly losses, stays mildly bid during the first positive day in three. Markets brace for the Fed’s 75 bps rate hike as yields, S&P 500 Futures recover amid sluggish session. US President Biden’s readiness to talk to China’s Xi adds to the pre-Fed optimism. XAU/USD could rise
The JPY is the weakest of the majors. That has JPY crosses moving to the upside. One of the JPY pairs which has seen a strong move is the CADJPY. It is up 0.91% on the day. That move has erased a good bit of the move down on Friday. There were reasons – technical
Sees 2022 growth at 3.2% vs 3.6% in April Sees 2023 growth at 2.9% vs 3.6% in April Chief economist says world ‘may soon be teetering on the edge’ of recession Sees 2022 China GDP 3.3% vs 4.4% in April Eurozone 2022 GDP 2.6% vs 2.8% in April; 2023 1.2% vs 2.3% in April US
New Delhi: Gold in the national capital on Tuesday fell by Rs 28 to Rs 51,192 per 10 grams, according to Securities. In the previous trade, the yellow metal finished at Rs 51,220 per 10 grams. Silver also declined by Rs 203 to Rs 55,297 per kg from Rs 55,500 per kg in the previous
Euro is under heavy selling pressure today on renewed worries over cut off of Russia gas supply. It’s additionally pressured and Germany 10-year yield breaks below 1% handle again. For now, Sterling appears to be a distant second. On the other hand, Dollar and Yen are gaining most, followed by Swiss Franc. Commodity currencies are
In this article MMM 3M announced Tuesday that it will spin off its health care business into a separate publicly traded company. The new business will focus on wound and oral care, healthcare IT and biopharma filtration, the material science company said in a release. That includes products like its bandages, skin adhesives, oral aligners,
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