On Friday, member states of the European Union voted to implement emergency taxes on oil companies’ windfall revenues. They started discussions about their next course of action to address Europe’s energy crisis, including a cap on gas prices across the

Microsoft Corporation (NASDAQ: MSFT) is down big this year as fears of inflation and aggressive rate hikes keep investors cautious on the big cap tech. But a Raymond James analyst says now is a suitable time to hope back into

S&P 500 is keeping flat on Friday after the Bureau of Economic Analysis said the Personal Consumption Expenditures Price Index eased to 6.2% in August. Expert reacts to the PCE data Versus the prior month, however, the Fed’s preferred inflation gauge was

The Bureau of Economic Analysis (BEA) release published today showed that the core personal consumption expenditures price index (PCE) inflation unexpectedly rose to 4.9% Y-o-Y above July’s upward revision to 4.7%. Month-over-month, the core PCE accelerated 0.6% against a rise of

Euro zone inflation climbed sharply to a new high of 10% in September – flash estimates from Eurostat (region’s statistics office) indicated on Friday. Seema Shah reacts to the inflation report In comparison, economists had forecast an increase to 9.7% instead. Food

In global markets today, pretty much everything is in a dump mode – stocks are plummeting, currencies have just had one of those weeks to forget.   But you know what they say about falling prices? It can be a good time

Spain’s largest telecom company, Telefónica, has joined other companies around the world in accepting crypto payments. Customers will now be able to use Bitcoin (BTC/USD) and other cryptocurrencies to purchase of products on its technology marketplace. Telefónica activated crypto-enabled purchases on

Rivian Automotive Inc (NASDAQ: RIVN) is currently trading at less than half the price at which it debuted last year. But a Truist Securities’ analyst says the stock is now ready for a big move up. Rivian shares have upside to

Nike Inc (NYSE: NKE) reported better-than-expected revenue for its fiscal first quarter on Thursday but shares slid 10% after the bell on a hit to profit and gross margins. Stephanie Link reacts to Nike’s Q1 results Inventory was up 44% as well.

Home improvement retailers remain in focus on Thursday after Hurricane Ian was reported to have left nearly 2.5 million without power in Florida. Stocks that could get a sales boost The damage in consequence of the tropical storm, as per Brian Sozzi

Bed Bath & Beyond Inc (NASDAQ: BBBY), on Thursday, reported a much wider-than-expected loss for its fiscal Q2. Shares are down about 5.0% this morning. How to play the Bed Bath & Beyond shares? On the flip side, the chain of domestic

Web3 health and fitness platform Amino has announced an upcoming NFT collection set to celebrate the Golden State Warriors star Klay Thompson’s incredible career. Amino will debut the NFT collection on Binance NFT, the non-fungible tokens marketplace for all types of

Rite Aid Corporation (NYSE: RAD) tanked nearly 30% on Thursday after the drugstore chain reported bigger than expected loss for its fiscal second quarter and lowered guidance for the full year. Rite Aid Q2 earnings snapshot Lost $331.3 million versus the year-ago

Harmonic Inc. (NASDAQ:HLIT) had a stellar month of September. The stock has returned by more than 17% amid a drop of 7% in the benchmark S&P 500 index. The stock has also been strong this year, returning 8.15% YTD. Harmonic is

The FTSE 100 index has become a pariah in the past few days as the UK economy takes a turn for the worse. It crashed to a low of £6,827, which was the lowest level since March 4 of this