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The Consumer Price Index of Canada has revealed that prices have grown in 2.8% in February, compared to February of 2023. The markets expected a 3.1% increase. On a month on month basis prices have risen 0.3% instead of forecast 0.6%
The volatility that was caused by fundamental events is over, as candles are smaller and the rate appears to have established a direction. The EUR/USD has declined, and by mid-Friday it appeared to be heading to the 1.0800 mark. If the 1.0800 provides enough support, the rate could encounter resistance in the 1.0840 or 1.0860 levels, before approaching the 1.0880
On Thursday, the stock price of Apple plummeted 4.37% or $7.81. The drop was caused by a major US antitrust lawsuit that accuses the company of monopolizing smartphone markets. Apple has been known for year to be forcing app developers to use their Apple App Store exclusively and pay the company the commissions charged by the store. The company has
On Thursday, the stock price of Apple plummeted 4.37% or $7.81. The drop was caused by a major US antitrust lawsuit that accuses the company of monopolizing smartphone markets.
The US electric vehicle maker Tesla has announced that it would increase prices for the Model Y cars that are produced in China from April 1.
The US tech company Intel intends to spend $100 billion on the construction and expansion of factories across the United States. Intel has gained $19.5 billion in federal grants and expects to secure $25 billion in tax deductions.
Reuters has revealed that JPMorgan Chase has assembled a sports-focused investment team that is set to evaluate investing into sports franchises.
The competition regulators of France have fined Google with a 250 million Euro fine for breaching EU intellectual property laws.
Employees of Maserati are set to work reduced hours at the Italian factory. The reduced hours have been arranged in an effort to reduce work costs, but keep union workers employed.
The Swiss drug manufacturer Lonza has revealed that it would acquire a biological drug maker from Roche for a total of $1.2 billion.
This week, Chipotle has announced that the company's board has approved a 50 for 1 stock split of the common stock. This announcement caused a 7.00% surge of the stock price, as a cheaper stock price is expected to attract more investors.
The stock price of Micron Technologies has surged more than 17.00% at the start of Thursday's trading. The shares trade at a record high at $113.30. This jump of company's value occurred due to the firm reporting high earning per share, instead of an expected loss. Markets forecast a loss per share of $0.253, but the firm made earnings per
US airplane maker Boeing has announced that the company expects to spend more cash during this quarter due to the need to improve 737 production quality.
The owner of Facebook and Instagram has announced that it could reduce its monthly subscription fees by almost half. These news caused an initial dip of the company's stock price. However, the initial dip quickly turned into a surge.
The stock price of Micron Technologies has surged more than 17.00% at the start of Thursday's trading. The shares trade at a record high at $113.30. This jump of company's value occurred due to the firm reporting high earning per share, instead of an expected loss. Markets forecast a loss per share of $0.253, but the firm made earnings per
Due to a potential airbag issue, Chrysler is forced by the US National Highway Traffic Safety Administration to recall 38,000 cars.
The United States Federal Reserve announced its Federal Funds Rate. Markets expected the Fed to keep the base interest rate unchanged at 5.50%. The Fed has done exactly that. However, the US Dollar declined on the announcement, as the market participants must have seen this as a relief from possible rate hike. Namely, inflation has shown to be persistent in
The United States Federal Reserve announced its Federal Funds Rate. Markets expected the Fed to keep the base interest rate unchanged at 5.50%. The Fed has done exactly that. However, the US Dollar declined on the announcement, as the market participants must have seen this as a relief from possible rate hike. Namely, inflation has shown to be persistent
The Official Bank Rate of the Bank of England has been published. Markets expected the central bank to keep rate at 5.25%. Bank of England has done, as expected. Meanwhile, surveyed economists forecast that the Monetary Policy Committee was set to vote with eight members voting for keeping the rate unchanged and one member voting to cut the interest rate.
The Official Bank Rate of the Bank of England has been published. Markets expected the central bank to keep rate at 5.25%. Bank of England has done, as expected.
Chinese Tencent Holdings has revealed that fourth quarter revenues increased by 7%. In addition, the company intends to double share buybacks throughout 2024.
The United States Federal Reserve announced its Federal Funds Rate. Markets expected the Fed to keep the base interest rate unchanged at 5.50%. The Fed has done exactly that. However, the US Dollar declined on the announcement, as the market participants must have seen this as a relief from possible rate hike. Namely, inflation has shown to be persistent in
The United States Federal Reserve announced its Federal Funds Rate. Markets expected the Fed to keep the base interest rate unchanged at 5.50%. The Fed has done exactly that. However, the US Dollar declined on the announcement, as the market participants must have seen this as a relief from possible rate hike. Namely, inflation has shown to be persistent in
The United States Federal Reserve announced its Federal Funds Rate. Markets expected the Fed to keep the base interest rate unchanged at 5.50%. The Fed has done exactly that. However, the US Dollar declined on the announcement, as the market participants must have seen this as a relief from possible rate hike. Namely, inflation has shown to be persistent in