Ford (F) Q4 2022 Results

Ford (F) Q4 2022 Results

Ford CEO Jim Farley removes his mask during the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford engine is set to release its fourth-quarter results after the bell on Thursday. Here’s what Wall Street expects, according to consensus … Read more

Wall Street analysts bullish on META, NVDA and FSLR

Wall Street analysts bullish on META, NVDA and FSLR

Here are Thursday’s most important calls on Wall Street: JMP downgrades Peloton to market performance from outperformance JMP downgraded the stock primarily on valuation. “We are downgrading our rating on Peloton shares from Market Outperform to Market Perform as Peloton hit our previous price target of $16 while we leave our estimates for fiscal 2024 … Read more

European Central Bank raises rates by 50 basis points, promises another hike in March

European Central Bank raises rates by 50 basis points, promises another hike in March

Christine Lagarde, President of the European Central Bank speaks at an event. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday confirmed expectations of an interest rate hike of 50 basis points, taking its key rate to 2.5%. In a statement, he pledged to “stay the course by raising interest rates significantly … Read more

Nasdaq 100 futures rise, propelled by Meta stocks

Nasdaq 100 futures rise, propelled by Meta stocks

S&P 500 futures advanced late Wednesday as investors looked past the latest interest rate hike and comments from the Federal Reserve. Broad index futures added 0.4%. Nasdaq 100 futures gained 1%, helped by Meta stocks. Dow Jones Industrial Average futures were down 9 points, almost flat. Meta jumped more than 19% in extended trading after … Read more

Bitcoin price rises along with other risky assets. Thanks Fed.

Bitcoin price rises along with other risky assets.  Thanks Fed.

Text size Bitcoin rose to start the year, but there are reasons to believe the gains may be unsustainable. The time of dreams Bitcoin and other cryptocurrencies rose along with other risky assets on Wednesday after the Federal Reserve raised rates by a quarter point. This is another rate hike, but a marked slowdown in … Read more

OPEC+ committee recommends no change to oil production policy in virtual meeting

OPEC+ committee recommends no change to oil production policy in virtual meeting

The OPEC logo is pictured at OPEC headquarters on October 4, 2022. Joe Clamar | AFP | Getty Images A technical committee of the influential coalition of oil producers OPEC+ made no recommendations to change the group’s existing production policy at its last meeting, according to three delegates. The OPEC+ Joint Ministerial Monitoring Committee, which … Read more

Gold demand hits 11-year high on ‘colossal’ central bank buying

Gold demand hits 11-year high on ‘colossal’ central bank buying

Bars of 99.99% pure gold are placed in a work room at the Krastsvetmet precious metals factory in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Alexander Manzyuk | Reuters Gold demand hit an 11-year high in 2022 thanks to “colossal central bank buying, aided by vigorous buying by retail investors,” according to the … Read more

Stock futures fall as traders await latest Federal Reserve rate hike decision

Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell on Wednesday as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 140 points or 0.4%. S&P 500 futures and Nasdaq Composite futures fell 0.4% and 0.3%, respectively. The Fed will announce at 2:00 p.m. (ET) how much … Read more

Central banks set to signal path of sliding interest rates in crucial week

Central banks set to signal path of sliding interest rates in crucial week

A screen displays the Fed’s rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to raise interest rates again this week as they make their first policy … Read more

The stock market had an excellent month of January. Now it’s the whole Fed.

The stock market had an excellent month of January.  Now it’s the whole Fed.

Text size A scene from the floor of the New York Stock Exchange last week. Michael M. Santiago/Getty Images The stock market has just closed a positive month of January. On the heels of last year’s bear market, and combined with other recent moves, this is a particularly positive signal. The S&P500 ended January with … Read more