Powered by bets, the U.S. Federal Reserve could deliver more rapid and more significant interest rate hikes in the months ahead. A day behind, the Fed flagged that it was ready to begin lifting rates in March to contain inflation. Money markets moved to price in as many as five quarter-point increases by year-end. This …
Tesla, Inc. has delayed the production of its Cybertruck, aiming to start in 2023, due to worldwide supply chain challenges. Accordingly, the leading electric vehicle maker warned that the chip shortage could persist throughout this year. The company also saw transportation, labor, and other manufacturing issues in the current quarter. These conflicts limited its ability …
On Wednesday, the financial market regulator in Kenya announced that HF Markert Group, the retail forex and CFD trading brand HotForex, had obtained a new license. According to sources, the Capital Markets Authority (CMA) has licensed HFM Investments Limited, a locally incorporated affiliate of the brokerage group. However, it is uncertain when the broker will …
Shares of Intel Corporation slipped on Wednesday extended trading as it faces challenges linked to persistent global supply chain problems. The world’s largest chipmaker fell 2.79% or 1.44 points to $50.25 per share after the bell. It skidded its gain of 1.35% or 0.69 to 51.69 in the regular hours. The firm has now traded …
Intel Stocks Slip as it Sees Supply Strains this Year Read More »
Realme Chongqing Mobile Telecommunications will enter Europe’s high-end handset market in February. Accordingly, the Chinese smartphone maker will offer its priciest device to expand beyond its budget offerings. Realme plans to sell its GT 2 Pro phone across European countries between $700.00 to $800.00. The business expects the premium phone to appeal to customers because …
Realme to Enter Europe’s High-End Smartphone Market Read More »
Shares of Microsoft Corporation edged higher after the bell Tuesday as it adjusted its fiscal third-quarter forecast above Wall Street targets. The American technology giant added 1.22% or 3.51 points to $292.00 per share. After dropping 2.66% or 7.88 points to $288.49 per share in the regular trading session, it gained pace. Accordingly, the upbeat …
Microsoft Stocks Jump as it Offers Strong Forecast Read More »
Logitech International S.A. reported a 2.00% decline in third-quarter sales as it lapped tough comparisons from a year earlier. The sales of the Swiss computer peripherals-maker declined to $1.63 billion in the three months ending December 2021. The figure came in lower than the $1.66 billion in the same period of 2020, where the pandemic …
Shares of International Business Machines (IBM) Corp. rose in Monday after-hours trading after it reported an upbeat fourth-quarter revenue. The American computer hardware company gained 2.46% or 3.17 points to $131.99 per share. It reversed its drop of 0.41% or 0.53 points to $128.82 per share in the regular hours. However, it is still 5.31% …
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