Yahoo Finance Logitech Stock, Samsung, Key Earnings, and Other Tech News in Focus Today
Tech stocks were struggling for direction Tuesday at the end of a difficult month for the sector as investors awaited a raft of key earnings.
Tech stocks were struggling for direction Tuesday at the end of a difficult month for the sector as investors awaited a raft of key earnings.
Warren Buffett’s right-hand man knew a thing or two about investing.
Tax time is just around the corner. Make sure you don’t miss out on these commonly overlooked deductions.
Why the entrepreneur thinks “moats are lame”
Key Insights Given the large stake in the stock by institutions, CCC Intelligent Solutions Holdings' stock price might...
Potential Murray Cod Australia Limited ( ASX:MCA ) shareholders may wish to note that the Director, Brett Paton...
Aussie fast food chain Guzman y Gomez has made a huge announcement on the future of the company which could spark a $200m expansion across the country.
TOKYO (Reuters) -Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign exchange market to support the yen over the past month, in moves that kept the currency from testing new lows but are unlikely to reverse longer-term declines. The Ministry of Finance data released on Friday confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. "This was larger than expected, underscoring Japan's resolve to ease the pain of imported inflation," said Daisaku Ueno, chief FX strategist at Mitsubishi UFJ Morgan Stanley Securities.
The Swiss market recently demonstrated resilience, closing on a strong note despite initial setbacks, buoyed by encouraging GDP growth data and robust buying in the latter part of the trading session. This positive economic backdrop sets an interesting stage for exploring growth companies on the SIX Swiss Exchange, particularly those with substantial insider ownership which can be indicative of confidence in the company’s future prospects from those who know it best.
People on low incomes end up paying more than those who have full access to mainstream financial services.
Verizon, T-Mobile and AT&T are known as the three major players in the telecommunications industry. You might have already decided on which one you prefer when it comes to your phone service --...
Though your pre-retirement income alone isn't enough to determine whether you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you can...
People like Lauren will have hundreds or even thousands of dollars added to their bill.
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BEIJING (Reuters) -China's manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world's second-largest economy continues to weigh on business, consumer and investor confidence. "I think the data particularly reflects soft domestic demand, the housing sector continued to worsen and retail sales were not strong," said Xu Tianchen, senior economist at the Economist Intelligence Unit.
Prestar Resources Berhad ( KLSE:PRESTAR ) First Quarter 2024 Results Key Financial Results Revenue: RM131.8m (down 7.8...
NEW YORK (Reuters) -Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group's output cuts. Brent futures for July delivery were down 24 cents, or 0.3%, to $81.62 a barrel, while the more liquid August contract was down 77 cents, or 0.8%, at $81.11. U.S. West Texas Intermediate (WTI) crude futures fell 92 cents, or 1.2%, at $76.99.
April's Personal Consumption Expenditures (PCE) report came in line with analyst expectations as investors await the Federal Reserve's next interest rate decision. HSBC US Economist Ryan Wang joins Morning Brief to discuss the possibility of rate cuts this year. With core inflation staying at 2.8% year over year, Wang notes that the latest PCE print "doesn't indicate much progress on disinflation this year." He adds that consumer spending has largely remained resilient. However, growth over the last month has been limited as April retail sales were lower than expected. Wang believes that core PCE needs to fall to about 2.5% before the Fed delivers a rate cut, explaining, "On our forecast, we see that as a very, very close call." He expects a single cut in September, but without core PCE decreasing further, the Fed may not deliver a sequence of rate cuts. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
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Investing.com-- Morgan Stanley analysts hiked their price targets on Toyota and Honda , while citing the latter as their top pick among Japanese automakers on improved profitability prospects and sustained shareholder returns.
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