On Thursday, Intel reported low Q4 earnings results due to steeper-than-anticipated sales and slowed consumer and enterprise demand. Its stock price rose by 1.31% to $30.09 per share on January 26. However, it is expected to drop by -9.74% to $27.16 apiece in the upcoming session. The earnings per share of Intel declined to $0.10, …
Intel Reports Weak Q4 Results amid PC Chip Sale Drop Read More »
On Monday, Chicago Mercantile Exchange (CME) announced that cattle futures increased amid bargain buying after recent price slumps. Live cattle futures for February delivery went up by 0.24% to 157.85 cents per pound on January 24’s Asian afternoon session. Likewise, feeder cattle contracts for March delivery improved by 1.38% to 183.47 cents per pound. Feeder …
On Monday, Nokia improved when it signed a cross-license 5G patent agreement with Samsung following the expiry of their prior agreement. The stock price of the telecommunications company went up by 1.60% to $4.29 per share on January 23’s closing session. Under the deal, Samsung had begun paying Nokia on January 01, 2023, for a …
Nokia Rose as it Signs 5G Patent License Deal with Samsung Read More »
Google’s parent company, Alphabet, improved its stock price on Friday after it made staff cuts by a 12,000 headcount. Its share costs rose by 5.72% to $99.28 apiece on January 20. It is expected to increase by 0.14% to $99.42 per share in the upcoming session. According to Alphabet CEO Sundar Pichai, the cuts would …
On Thursday, crude oil had a price rally amid the growth of Chinese demand and a drop in Saudi Arabian exports. The US West Texas Intermediate (WTI) crude oil futures for March delivery rose by 0.40% to $80.93 per barrel. Likewise, the Brent contracts increased by 0.32% to $86.44 a barrel. It was the highest …
Inflation can make everybody’s money go less further than it used to. It is an economic condition where prices of goods and services are slowly increasing, and the purchasing power of your money gradually drops over the long run. Here’s more information about inflation and some ways to protect your money’s value amid a price …
Inflation and Its Impact on Your Purchasing Power Read More »
On Tuesday, Goldman Sachs Group reported a higher-than-expected fall in its fourth-quarter profits while facing a plunge in dealmaking. Its stock price declined by -6.44% to $349.92 per share on January 17. It is anticipated to drop further by -0.28% to $348.95 apiece in the upcoming session. Furthermore, its earnings per share dipped to $3.32, …
Goldman Sachs Shares Drop on Q4 as Dealmaking Slumps Read More »
On Monday, wheat eased amid cheaper Black Sea supplies. Also, the Russian grain slid amid a surge in resources. The US wheat prices for March delivery fell by 0.87% to $737.25 per metric ton on January 16 closing session. Also, Euronext commodities shed by 0.70% to €286.75 a ton, the lowest hit since March 2022. …
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