This is not the first time Israel’s central bank has intervened in the foreign exchange market to stabilize the shekel.
The unexpected strength in the labor market presents a dilemma for the Federal Reserve. Policymakers are grappling with the question of whether to raise interest rates further to cool the economy and combat rising inflation.
Tesla has cut prices after it announced a slowdown in deliveries. The company said the decline was caused by factory upgrades.
The approval came after the FTC in the United States initially filed a lawsuit to block the Activision Blizzard acquisition last year.
A filing with the SEC shows that Exxon Mobil’s third-quarter earnings received a major boost from the high crude oil prices
Lucid Motors said that its Air Pure RWD will be available for order immediately at a price point of $77,400.
The preliminary estimates for the third quarter revealed that Rivian has cash and cash equivalent of about $9.1 billion as of September 30.
GM stock has dropped about 49 percent from the 2021 ATH as the automaker struggles to make a deal with the UAW Union amid a possible recall of over 1 million vehicles for faulty airbags.
Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates.
Alstom highlighted reasons for the free cash flow reduction for H1 of the fiscal year, and predicted a reduced figure for the full year.
The recent halts in the trading of Metro Bank’s shares on the London Stock Exchange come on the heels of reports that the Bank was seeking to raise $727 million in debt and equity.
Hayes based his bullish prediction on several key factors. He pointed to the potential economic downturn and financial crisis, which could lead to near-zero interest rates, creating favorable conditions for Bitcoin’s growth.
Doosan Robotics had an impressive IPO with shares jumping more than 100%, making it South Korea’s biggest trading debut so far this year.
Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion.
Analysts at KeyBanc downgraded Apple shares from ‘Overweight’ to ‘sector-weight’ citing a weaker sales growth outlook.