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28 January
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Ford Motor opens $260 million campus in Mexico
A new campus of U.S. automaker Ford Motor began its work this Monday, Reuters reports. The campus is located on the outskirts of Mexico City's Naucalpan. The automaker has invested a large sum of $260 million in its opening.
1 November 2022
Twitter to revise its user verification process
Elon Musk announced Sunday that Twitter would change its user verification procedure. According to Reuters, the American entrepreneur came up with the decision just days after the acquisition of the social media was completed.
1 November 2022
Wedbush’s analysis: Uber’s results for September will exceed expectations
Today, on November 1, Uber will release its report for the third quarter of the current financial year. Wedbush’s analysts expect that this report will demonstrate the company’s solid results.
1 November 2022
The growth of the FTSE 100 continues
On Monday, the FTSE 100 closed at a fresh five-week high. According to Reuters, the rise in the FTSE 100 can be explained by the fact that the fall of the pound sterling raised the income of such dollar companies as AstraZeneca and Unilever.
1 November 2022
Caterpillar stocks jumped on the background of strong earnings growth
On Thursday, stocks of mining and construction equipment maker Caterpillar made their biggest gain of the day.
31 October 2022
Pressure on gold is intensifying due to a stronger dollar and increasing interest rates
The U.S. GDP data for the third quarter showed stronger than expected. On this background, the dollar is recovering and gold prices are declining slightly.
31 October 2022
Amazon’s stock declines in the face of lower forecasts for holidays
Last Friday, the stock of Amazon.com Inc declined by 8% in the face of unmet forecasts for the holiday quarter, which were lower than Wall Street analysts’ estimates. At the same time, Big Tech peers of the commerce giant have already recovered from a series of falls and sell-offs.
31 October 2022
Bank of England delays second sale of gilts
The Bank of England came up with the decision to start selling assets from the quantitative easing asset portfolio on November 1. The UK central bank postponed the start of the second gilt sale operations as they may coincide with the government’s fiscal statement, as reported by Bloomberg.
31 October 2022
Net profit of Exxon in the third quarter came close to the profit of Apple
On Friday, Exxon Mobil Corp showed a record quarterly profit, driven by rising oil and gas prices. The company's profit margin has almost reached the level of Apple.
31 October 2022
New data this week: Fed meeting and jobs data
Markets will face another significant U.S. Federal Reserve interest rate hike. Officials expect a fourth consecutive 75 basis point rate hike on Wednesday, Nov. 2 at 2 p.m. ET.
31 October 2022
