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19 March
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Credit Suisse downgrades Boeing
After an underperforming rating for Boeing's shares and a $98 per-share price target for Boeing by Credit Suisse analysts, the company's stock tumbled about 1% ahead of Wednesday's open.
13 October 2022
Cisco and Microsoft cooperate to implement Teams on Cisco’s devices
On Wednesday, Cisco Systems Inc. together with Microsoft announced their cooperation aimed at adding Microsoft’s Teams on Cisco's devices for meetings. The Microsoft Team communication platform is suggested to be offered as an alternative to Cisco’s service for video conferences called Webex.
13 October 2022
Cleveland’s FRB President says interest rates should be hiked further
Loretta Mester, acting as the head of the Federal Reserve Bank (FRB) of Cleveland, announced the need for further monetary tightening. According to data released Tuesday, measures taken by the U.S. Federal Reserve, were insufficient to reduce inflation.
13 October 2022
Japanese politicians warn against selling the yen and bonds
Japanese politicians continue to warn investors against selling Japanese currency as the dollar rose to a 24-year high against the yen on Wednesday, sparking rumors of a second сurrency intervention wave.
12 October 2022
Bank of England cautions that significant risks of financial crisis in Great Britain still remain
Additional support from the Bank of England was provided for the British markets, which are still shaken by recent government statements in favor of tax reduction and increasing the volumes of borrowing.
12 October 2022
Intel plans to cut thousands of jobs
It is reported that in an attempt to stay afloat amid the recent decline of the personal computer market, Intel intends to lay off numerous employees. Another reason may be the increased costs in recent years. It’s also said that the number of reduced employees could reach several thousand.
12 October 2022
Wall Street is preparing for a season of multidirectional reporting
In the next few weeks, income statements from companies will be released that will provide insight into the direction of the US economy in the coming months. During the period of chaos in the market, investors have hope for some certainty.
12 October 2022
Apple and Samsung will update phone software in India for 5G implementation
Apple Inc and Samsung Electronics cellphones in India will receive a software update by December.
12 October 2022
GE HealthCare to carry $15 billion in debt after its January spinoff
General Electric Co., which provides comprehensive healthcare solutions, will carry about $15.4 billion in debt and pension liabilities when it spins off the health-care unit in January.
12 October 2022
Disney raises prices at its theme parks
Disney is raising prices for its Genie+ service, which allows visitors to the Walt Disney World Resort in Florida and California to avoid waiting in lines for hours on popular attractions. The cost of the service will now vary depending on park occupancy.
12 October 2022
