Rolls-Royce on track for significantly improved operating profits. British engine maker Rolls-Royce is on track to deliver significantly improved operating profits in the second half of 2022, according to forecasts. The company's major business uni...
7 months agoUS rate cut expectations have been pared back to June The Federal Reserve (Fed) officials are taking a cautious approach when it comes to rate cuts, as they believe more time is needed before implementing any changes. This sentiment was reinforced by...
7 months agoU.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin. Paradoxically, Marathon's stock price dipped shortly after the announcement. This is, however, likely a...
6 months agoStellar Share Price Performance Last year was a phenomenal one for Rolls-Royce shareholders. The company's share price more than tripled, making it the best performer in the entire FTSE 100 index for 2023. The momentum has carried over into the new...
6 months agoFresnillo rallies as silver leaps higher Silver's surge has helped bolster Fresnillo's embattled share price. The stock has rallied 25% in the past two weeks, providing a much-needed boost after the company's dismal full-year results. The higher silv...
6 months agoEasyJet Q2 preview – revenue improvement helps trim losses Ahead of easyJet PLC's fiscal second quarter trading update on April 18th and interim results on May 16th, analysts are turning more positive on the European low-cost carrier's outlook. Improved r...
6 months agoSlowdown in earnings expected The UK's biggest high street banks are set to report lower profits for the first quarter (Q1) of 2024, after a bumper 2023 which saw earnings peak as borrowing costs soared. Lloyds, Barclays and NatWest will be updating...
5 months agoFTSE 100 hits new peak as rate cut hopes boost index Monday’s session saw the FTSE 100 finally reach a new record high, joining its peers which saw fresh peaks earlier in the year. FTSE 100 closes at record after broad up day for UK stocks The UK...
5 months agoApple earnings – what to expect? For its fiscal second quarter (Q2), Apple is expected to report earnings per share (EPS) of $1.50, and revenue of $90.04 billion. This compares to $1.88 and $117.51 respectively for the same quarter a year earlier. Apple e...
5 months agoInvestors prepare for another pause on rates Investors are anticipating that the Federal Open Market Committee (FOMC) will maintain its current federal funds interest rate target at its upcoming meeting that concludes on May 1. The Federal Reserve (Fed) h...
5 months ago250K jobs expected to be added in April After a solid report in March, the April figures should again point to the labour market remaining tight, with a strong pace of job growth set to be coupled with cooling earnings pressures and historically low...
5 months agoShell Q1 earnings preview – stock price at 20-year highs sparks valuation concerns Shell shareholders are anxiously counting down to the oil supermajor's first-quarter (Q1) 2024 earnings release on May 2, with a cloud of valuation concerns hanging ove...
5 months agoTesla and Baidu team up in autonomous driving push In a major development, electric vehicle pioneer Tesla has forged a strategic partnership with Chinese tech behemoth Baidu to leverage its mapping and navigation technologies in China. This move is a...
5 months agoGold drops sharply The bullish short-term view here looks to have been negated by the sharp drop on Tuesday. This has seen the price drop below last week’s low, and also below trendline support from mid-March. This seems to hand the initiative to the se...
5 months ago