- Spark Newswire

3 minute read

Nasdaq, S&P 500 Futures Indicate Weak Opening For Wall Street: Retail Sales Data To Be In Focus

Today, 5:17 AM

Stock futures indicate major Wall Street indices are expected to open lower on Wednesday, in continuation to Tuesday's fall, after inflation came in higher than expected.

ABNB

2 minute read

Fed Officials Keep Elbow Room For Over 5% Policy Rate On Sticky Inflation: ‘Seems To Be Right Kind Of Framing’

By Bhavik Nair

Today, 5:17 AM

Federal Reserve officials reportedly said on Tuesday the central bank will have to keep gradually raising interest rates…

QQQ

2 minute read

As Investors Digest Coca-Cola Q4 Earnings, These Are The Crucial Levels Wall Street Is Betting On

By Bhavik Nair

Today, 5:17 AM

Coca-Cola Co (NYSE:KO) on Tuesday reported a 7% year-on-year growth in its net revenue at $10.1 billion, against a consensus…

2 minute read

El-Erian Says Last Few Weeks Of Data Suggest Recession Can Still Be Averted: ‘Hoping Strength Of Economy Stays’

By Bhavik Nair

Today, 5:17 AM

Allianz chief economic adviser and noted economist Mohamed El-Erian said he believes the last few weeks of data…

QQQ

2 minute read

Warren Buffett’s Berkshire Hathaway Bites More Into Apple Stock In Q4 — Makes Massive Stake Sale In Chip Company

By Bhavik Nair

Today, 5:17 AM

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has made some important changes in its holdings during the fourth quarter…

AAPL

2 minute read

Tesla, Upstart, Airbnb, Nu Holdings, Taiwan Semiconductor: Why These 5 Stocks Are Drawing Investors’ Attention Today

By Bhavik Nair

Today, 5:17 AM

Major Wall Street indices closed in the red after the consumer price index released on Tuesday showed inflation increased 0.5% in January, with an annual gain of 6.4%, against the consensus estimate of 6.2%.

ABNB

2 minute read

Larry Summers Thinks Tuesday’s Inflation Print Will Show If There Was Complacency: ‘There Are Real Grounds For Concern’

By Bhavik Nair

Today, 5:17 AM

Former Treasury Secretary Lawrence Summers believes Tuesday’s consumer price index report will be crucial in determining whether there…

QQQ

2 minute read

Cathie Wood Buys Over $6M In Bitcoin-Linked Stock That’s Up 67% This Year

By Bhavik Nair

Today, 5:17 AM

Cathie Wood's ARK Investment Management bought 118,695 shares of cryptocurrency exchange platform Coinbase Global Inc (NASDAQ:

ARKK

1 minute read

US To Release 26M Barrels Of Crude Oil From Strategic Petroleum Reserve

By Bhavik Nair

Today, 5:17 AM

President Joe Biden’s administration said on Monday it is reportedly selling 26 million barrels of crude oil from…

BNO

2 minute read

Tesla, Solaredge, Palantir, Cleveland-Cliffs, Ocular Therapeutix: Why These 5 Stocks Are Drawing Heavy Attention Today

By Bhavik Nair

Today, 5:17 AM

Major Wall Street indices closed over 1% higher on Monday ahead of the release of the consumer price index report on Tuesday. The Nasdaq Composite closed 1.48% higher while the S&P 500 ended the session up 1.14%.

CLF