Get the latest top market news and financial headlines. Stay updated with the market moving news for stocks, commodities, forex and cryptocurrencies.
2-16-2022
-The US says Russia has added 7,000 troops along Ukraine border, despite claims of pullback
-US President Biden To Seek More Than $770 Billion In 2023 Defence Budget – RTRS
-UK Defence Intelligence Chief: Contrary to Russia’s claims, it continues to build capabilities near Ukraine
-Moderna (MRNA) CEO says it’s ‘reasonable’ to think the pandemic may be in its final stages
-CISCO announced a $15 billion stock repurchase but did not mention a rumoured $20 billion acquisition of Splunk Inc. in its earnings announcement.
-Nvidia (NVDA) reported strong 4Q earnings, here are the figures:
EPS at $1.32, beating the estimates of $1.22 expected, up 69% (YoY).
The Revenue came at $7.64 billion, also above the estimates of $7.42 billion, up 53% (YoY).
Goldman Sachs raised Amazon target price to $4200 from $4100
Yesterday Facebook – Meta $FB suffered the worst market cap loss in history. Facebook’s market value fell by $232 billion.
U.S. average retail gasoline price hit the highest level since 2014.
Economists at Goldman Sachs and Deutsche Bank see quarter-point hikes by the ECB in September and December
European Monetary Union Retail Sales (MoM) came in at -3%, below expectations (-0.5%) in December
2-2-2022
IMF on El Salvador: The adoption of a cryptocurrency as legal tender, however, entails large risks for financial and market integrity, financial stability, and consumer protection. It also can create contingent liabilities.
4-20-2021
Netflix (NFLX) trades 9% lower in after-market trading as investors disappointed by the new subscribers figures. NFLX added 3.98 million new subscribers well below the expectations of 6.2 million. Netflix reported $3.75 earnings/share below the expectations of $2.97. The revenue came up to $7.16 billion, beating the forecasts of $7.13 billion.
4-19-2021
Peloton (PTON) shares are under heavy selling pressure (-5.7%) in the premarket after federal safety regulators warned that the company’s treadmills are dangerous around small children and pets. The Consumer Product Safety Commission said that it discovered 39 incidents of injury from Peloton’s Tread+, as the federal safety agency investigates into a child’s death reported by Peloton in March.
4-9-2021
Microsoft (MSFT) To Buy Nuance (NUAN) For $56/Share In All Cash Deal Valued At $19.7Bln
4-7-2021
Fitch Upgrades Microsoft to ‘AAA’; Outlook Stable
AMC shares give up 4% as CEO seeks approval for 500 million share offering
ISM manufacturing index jumped to 64.7% from 60.8% in the prior month.
United States EIA Natural Gas Storage Change came in at 14B below forecasts (21B) in March 26
3-31-2021
Biden: “Wall Street didn’t build this country. You, the great middle class, built this country!”
Micron (MU) trades higher after market after better-than-expected 2Q results. Micron reported earnings per share of 98 cents and revenue of $6.24 billion.
Microsoft (MSFT) has won a contract to build more than 120,000 custom HoloLens augmented-reality headsets for the U.S. Army. The contract could be worth up to $21.88 billion over 10 years.
Apple to build battery-based solar energy storage project in California.
Apple (AAPL) will add two new English language voices to its Siri voice assistant
French President Macron: 4 Week Nationwide Lockdown To Begin On Saturday.
CME Group to Launch Micro Bitcoin Futures on May 3
3-15-2021
Bitcoin Depot Launches More Than 100 New Bitcoin ATM’s, Surpassing 2,000 Kiosks Worldwide.
US President Biden says he thinks Putin is a killer
3-12-2021
Apple Plans To Build European Silicon Design Centre In Munich the Facility will Focus On 5G, and Wireless Technologies
3-9-2021
US February 2021 small business optimism came in at 95.8 beating the expectations of 97, previous reading was at 95.
3-8-2021
NYSE will delist tomorrow CNOOC, one of China’s state-owned oil companies.
European Monetary Union Sentix Investor Confidence in March came in at 5 beating the expectations of 1.9.
3-5-2021
US Markit Services Final PMI came in at 59.8 beating the expectations of 58.9. January reading was at Jan 58.3.
Texas & Mississippi states reopen at full capacity and lift mask mandate.
3-1-2021
FDA panel unanimously recommends Johnson & Johnson Covid-19 vaccine.
Airbnb (ABNB)
Airbnb (ABNB) reported $3.89 billion loss. Revenue came up to $859 million topping the expectations of $748 million. Check out the Airbnb stock price target from Wall Street analysts.
Beyond Meat (BYND) Results
Beyond Meat (BYND) Jumps 7.13% after-market as the company announced that it has struck deals with McDonald’s (MCD) and Yum Brands (YUM). The company reported a bigger-than-expected quarterly loss of $0.34 per share below the expectations of a loss of $0.13 Revenue reported at $101.9 million below the expectations of $103.2.
FAA fines Boeing (BA) $6.6 million for failing to comply with 2015 settlement, safety issues.
Tesla trades below the 50 day moving average for the first time since November 16.
Tesla Slumps 6.43% hitting the lowest level since January 5.
FT: Apple $AAPL Back On Top In Global Smartphone Sales
Germany IFO Business Climate came in at 92.4 toppings the forecasts of 90.5 in February.
Germany IFO Business Climate registered in at 92.4 above the expectations of 90.5 in February.
2-19-2021
Bitcoin Hits Fresh Record High at $53870! Market Value Tops $1Trillion
Canada Retail Sales (MoM) came in at -3.4% below the expectations (-2.5%) in December
Binance has temporarily suspended withdrawals of ETH and Ethereum-based tokens in order to address a congestion issue
BoE’s Vlieghe: Negative Interest Rates Could Be Needed Later This Year Or Into Next Year
British court rules Uber drivers are workers and not self-employed
Copper Price Hits 9-year Highs

