Gold fell on Thursday amid a hawkish stance by Federal Reserve (Fed) Chairman Jerome Powell. The head dispelled market hopes by announcing a further monetary tightening.
Gold fell on Thursday amid a hawkish stance by Federal Reserve (Fed) Chairman Jerome Powell. The head dispelled market hopes by announcing a further monetary tightening.
Employees of the U.S. social network Twitter will be notified of possible job cuts on Friday. Elon Musk and a team of advisers are considering various options for changes regarding the number of job openings and Twitter's policies. It has also been stated that downsizing terms could change.
The international rating agency Moody's introduced some changes. On Wednesday the predictions for banks in Germany, Italy and other four countries were decreased
The stock of Estée Lauder (EL), an American cosmetics company, fell by 10% after its announcement of lowering the company’s full-year forecast. According to Estée Lauder’s outlook, adjusted earnings per share (EPS) will be $1.43 on total revenue of $3.93 billion.
In October, Ford EV market share increased 2.2% year-over-year to 8.9%. Ford is a top 2 EV maker to trail Tesla according to electric vehicle sales.
There have been rumors that electric car company Tesla has decided to cut costs in the market in China by closing a leading showroom there.
On Wednesday, Boeing Co.'s top executives talked about their forecast to increase airplane supplies and grow in free cash flow next year.
The U.S. Federal Reserve hiked interest rates again Wednesday by three-quarters of a percentage point and warned that further increases in borrowing costs will be needed as part of its fight against inflation.
EBay Inc. released its third-quarter 2022 report Wednesday, outperforming Wall Street’s estimates. Consumers, trying to avoid the impact caused by soaring inflation, started to purchase refurbished goods.
On Wednesday, Boeing Chief Financial Officer Brian West notified investors that the company’s revenue in the new year will be $3-5 billion upon payment of all tax liabilities. These forecasts were announced at the conference for investors ahead of the increasing supplies of airplanes 737 MAX и 787.