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2024-05-17T11:59:08+0100
Revenue
AI lifts Nasdaq to new highs
As expected, the Fed left fund rates target range unchanged at 5.25%-5.5%. Fed policymakers now see only one rate cut of 25 basis points in 2024, compared to a total of 75 basis-point cut previously.
2024-06-13T08:30:42+0100
PowerHouse Energy drives ahead looking to raise revenues
After a good year, the company continues to drive ahead as ‘tight as it can’ with raised revenues and a strategy to cut costs. IGTV caught up with CEO Paul Emmitt and CFO Ben Brier.
2024-06-12T13:26:30+0100
Currency traders turn to ISM services for data
On Wednesday, traders await the eurozone producer price index, which is expected to fall by 5.1% YoY in April.
2024-06-05T08:04:59+0100
Meta goes big on AI despite Metaverse losses
Social media giant Meta is spending big on AI even as it metaverse division continues to struggle, but the vital role of ad revenue remains.
2024-06-04T15:44:52+0100
Oil prices hit a three-month low
Oil prices fell to a three-month low on Tuesday. Several factors can explain this weakening of oil prices: OPEC+ agreed on Sunday to extend most of their oil output cuts into 2025 but left room for voluntary cuts.
2024-06-04T08:19:42+0100
Beat the street: US GDP; Best Buy; Anglo-BHP; Tesla
US GDP data showed the economy grew less than previously expected in Q1. Best Buy shares moves higher after its earnings beat. HP beats revenue estimates.
2024-05-30T15:33:11+0100
Indices down, VIX up
Europe indices were poised to open lower in the wake of US and APAC sessions.
2024-05-30T08:12:17+0100
AI chipmaker NVIDIA climbs to another record on earnings
Shares rose 5.5% in extended trading hitting yet another record, after posting better than expected results and forecasts.
2024-05-23T10:13:14+0100
