LEWIS HAMILTON has praised his Mercedes team after they came incredibly close to a sensational win at the US Grand Prix. The seven-times World Champion lost the lead to Max Verstappen with only six laps to go in a thrilling, unpredictable race. 2 Yesterday’s race was the closest Lewis Hamilton has come to victory all …
© Reuters. By Senad Karaahmetovic Shares of Alcoa (NYSE:) are trading 10% lower in pre-market Thursday after the aluminum business reported weak . Alcoa reported a loss per share of $0.33, a significant miss relative to the market consensus of a profit per share of $0.19. Revenue for the quarter came in at $2.85 billion …
(Bloomberg) — The Federal Reserve’s influential staff judges that under the surface the US economy is running even hotter than they thought, helping to explain why inflation remains at a 40-year high and providing reason to expect even more interest-rate hikes. Tucked within 12 dense pages describing the Fed’s September policy meeting last week was …
Three Hidden Words From Fed Insiders Point to Much Higher Rates Read More »
© Reuters By Sam Boughedda Barclays singled out PTC (NASDAQ:), Rapid7, Inc. (NASDAQ:), Check Point Software Technology (NASDAQ:) and CyberArk Software (NASDAQ:) as having favorable setups in security in a third-quarter preview note on Tuesday. Barclays currently has an Overweight on PTC, Rapid7 and CyberArk, while it has an Equal-Weight rating on Check Point Software. …
By Peter Nurse Investing.com — U.S. stocks are seen opening higher Wednesday, bouncing after the previous session’s rout as investors digest the hot inflation report ahead of next week’s Federal Reserve policy meeting. At 07:00 ET (11:00 GMT), the contract was up 85 points, or 0.3%, traded 14 points, or 0.4%, higher and climbed 50 …
Dow Futures Rise 85 Pts; PPI Becomes Next Inflation Data Point Read More »
(Bloomberg) — Traders’ conviction that the European Central Bank will deliver a 75 basis point interest-rate hike at Thursday’s policy has receded slightly amid mounting concerns about the region’s economy. Swaps tied to ECB meetings show that money markets are pricing in a 66 basis point increase, about 3 basis points less than a recent …
Doubts Creep Into Wagers on 75 Basis Point ECB Hike This Week Read More »
