The latest figures from the China Academy of Information and Communications Technology showed smartphone shipments surging in the country, of which roughly 3.5 million units came from foreign brands, according to a Bloomberg calculation. The iPhone accounts for the vast majority of such devices, and ...
Tesla- Tesla was up 1.7% in premarket trading after shares of the electric-vehicle maker rose 4.9% on Monday, ended the session as the S&P 500 ’ s best performer, and turned positive for the year. Driving the gains Monday was a bullish report from analysts at Barclays which estimated thi...
Meanwhile, a report Monday showed German industrial production sank by the most in a year — raising the risk that Europe’s largest economy slipped into a winter recession. Output dropped 3.4 per cent in March, more than the 1.5 per cent decline economists had predicted in a Bloomberg survey...
U.S. gold futureswere steady at $2,755.0. Yields on benchmark 10-year Treasuries rose to a three-month high. Thedollar indexwas on track for its best month since April 2022, making gold less attractive for overseas buyers. "I think the $2,800 target is certainly achievable this week. ...
Oil prices slid on Friday morning amid fears thatHurricane Rafael could hit oil and gas outputin the U.S. International benchmarkBrent crudefutures with January expiry traded nearly 1.5% lower at $74.52 per barrel on Friday, while the December contract forU.S. West Texas Intermediate cru...
former U.S. secretary of housingJulián Castro, author and spiritualistMarianne Williamson, andNew York CityMayorBill de Blasio, as well as former New York City mayorMichael Bloomberg, among others. That large field was gradually winnowed to a smaller group of candidates who had gained significant...
Both reports released on Wednesday have heightened expectations for Fed rate cuts in the coming months. Data from Fed funds futures trading indicates a 75.6 percent probability that the U.S. central bank will lower rates at its September meeting, as per the CME FedWatch Tool. ...
September S&P 500 E-Mini futures (ESU24) are down -0.79%, and September Nasdaq 100 E-Mini futures (NQU24) are down -1.22% this morning as concerns over stricter U.S. restrictions on Chinese trade and semiconductor technology weighed on sentiment, while i
Bloomberg | Bloomberg | Getty Images A higher risk premium for U.K. debt has returned following a landmark budget from Britain's Labour government, according to Susannah Streeter, head of money and markets at Hargreaves Lansdown. U.K. bond yieldsspiked sharplyon Thursday, extending gains from...
Traders use the U.S. dollar index to track the value of the USD against a basket of select currencies in a single transaction. They can also protect against currency risks using tradablederivativesof the index, such as USDX futures and options. ...