Trade Snax

Updated

Oil rises 1% as Red Sea shipping concerns unnerve traders

BY Reuters  • December 19, 2023December 19, 2023
By Shariq Khan BENGALURU (Reuters) -Oil prices rose more than a dollar a barrel on Tuesday, extending the previous session’s gains after attacks by Yemen’s Iran-aligned Houthi militants on[...]
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Intel Says Dozens of PC Makers Are Using Its New AI-Enabled Chip

BY Reuters  • December 14, 2023December 15, 2023
By Stephen Nellis (Reuters) -Intel on Thursday said that dozens of personal computer makers are using its newest chip, as the company and its customers try to entice consumers to upgrade their machine[...]
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Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts

BY Reuters  • December 14, 2023December 14, 2023
By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar fell to a two-week low against the euro and a more than four-month low against the Japanese yen in a broad based selloff on Thu[...]
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Stubbornly High Rental Costs Lift U.S. Consumer Inflation in November

BY Reuters  • December 12, 2023December 12, 2023
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline was more than offset by increases in rents, further evidence that the Fe[...]
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Oil Steady Ahead of Interest Rate Decisions, OPEC+ Supply Cut Doubts

BY Reuters  • December 12, 2023December 12, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors are expecting the Federal Reserve this week to temper the market’s conviction that U.S. interest rates will be cut early nex[...]
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Airlines See Stable Profits, Record Traveller Numbers in 2024

BY Reuters  • December 6, 2023December 7, 2023
By Joanna Plucinska GENEVA (Reuters) – Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, in[...]
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Kinder Morgan Forecasts Higher 2024 Profit

BY Reuters  • December 4, 2023December 5, 2023
(Reuters) -Kinder Morgan on Monday forecast higher 2024 earnings as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures. Net income attributable to Ki[...]
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Tax-Loss Selling, ‘Santa Rally’ Could Sway u.s. Stocks After November Melt-up

BY Reuters  • December 3, 2023December 4, 2023
By David Randall NEW YORK(Reuters) -As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, includ[...]
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Dell misses quarterly revenue estimates on slow PC market recovery

BY Reuters  • December 1, 2023December 1, 2023
By Harshita Mary Varghese (Reuters) -Dell Technologies on Thursday reported third-quarter revenue below estimates due to a slower-than-expected recovery in the hardware and software market, sending it[...]
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