Quick Income
Fed need to get ‘more aggressive’ with charge cuts owing to weakening careers market place, Canaccord’s chief current market strategist claims
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Fed should get ɾxtra intense' with price cuts owing to weakening jobs sector, Canaccord's main current market strategist claims
Finance
Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it
Key Points Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession. An unusual stagflation scenario is occurring with rates rising on inflation fears, while economic growth expectations are being lowered. But some warn that […]
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Finance
Stocks making the biggest moves premarket: Micron, Alibaba, Five Blow, Newmont and more
Check out the companies making the biggest moves in premarket trading: Micron Technology — Shares shed nearly 7%. Micron reported a blowout quarter , with its adjusted earnings of $12.20 per share handily topping the $9.31 consensus estimate, per LSEG. Its revenue was $23.86 billion, compared to the $20.07 billion expected from analysts. Investors may […]
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Finance
OpenClaw demand in China is driving up the price of used MacBooks
Key Points Jeremy Ji, chief strategy officer at ATRenew, told CNBC that the consumer electronics reseller is seeing more people trade-in their older MacBooks for a more powerful one. The increased demand comes as people in China rush to try the new OpenClaw artificial intelligence agent. Ji declined to share exact volume of MacBooks processed, […]
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