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Știrea Zilei < 1 min
English section
Procter & Gamble reports strong earnings, but weak outlook for 2024

Shares of Procter & Gamble are up 2.4% after the company reported fourth-quarter earnings and revenue that beat analysts’ expectations, driven by product price increases.

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2 min Chipmaker Intel rises 6% after better quarterly results

Intel (INTC.US) shares rose more than 6% after a strong quarterly report, pointing to a possible turnaround for the company, which has struggled with declining sales ( PC ) and intense competition in the data center market.

Autor: Financial Market
2 min Gold prices gain new highs upon encouraging core PCE reading

Gold futures on the COMEX (the world’s largest futures and options trading for metals) achieved gains that reached 2.73% at the height of its rise when it reached 1995.5 dollars an ounce, which is the highest level since June 1st, and returned to the levels of 1990 at 01:00 pm GMT.

Autor: Financial Market
< 1 min Will oil prices rise today for the fifth week in a row?

Oil prices are on track for a fifth straight week of gains as they benefit from more supportive factors and positive data. West Texas Intermediate crude futures for August delivery managed to close above $80 per barrel for the first time in three months, as did Brent futures, which closed at 83.79.

Autor: Financial Market
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2 min Apple’s first spatial computer, Vision Pro, is here

Apple yesterday unveiled Apple Vision Pro, a revolutionary spatial computer that blends digital content with the physical world, while allowing users to stay present and connected to others.

3 min Chinese investment in European battery segment will boost EV boom

Chinese money will drive Europe’s green mobility challenge. More than one in five cars sold on the continent last year was an electric car, making the region the world’s second-largest market for e-vehicles after China.

2 min Raiffeisen Bank International (RBI) is struggling to quit its highly profitable business in Russia

Raiffeisen Bank International is facing a big dilemma when thinking about how to get out of Russia. Other European banks had similar problems last year.

2 min The Biden administration and leading Republican in Congress Kevin McCarthy reached an agreement to raise the U.S. government’s debt ceiling

For President Joe Biden, the debt ceiling victory came just in time. The White House and the leading Republican in Congress, Kevin McCarthy, reached a tentative agreement Saturday night on lifting the government’s debt limit.

2 min U.S. spending and inflation figures argue for another rate hike

The U.S. personal income and spending report for April came in slightly stronger than expected overall, which will fuel discussion of another rate hike by the Federal Reserve at either the June or July meeting.

2 min Nvidia increased its market cap by $190 billion in just a few hours after raising revenue forecast

Nvidia reported great quarterly results Wednesday, but investors are expecting big gains in artificial intelligence over the next decade. The semiconductor company’s market capitalization surged nearly $190 billion Thursday morning after the company announced that revenue for the three months ending in July will be about 60% higher than a year earlier.

2 min The European Union’s top data protection authority has fined Meta Platforms $1.3 billion for its handling of user data

Meta Platforms is acting as a Big Tech symbol in a cross-border data-sharing decision. A European Union data protection authority has slapped the $630 billion social media giant with a record fine for transferring Facebook user data from Europe to servers in its home country

2 min Economically, Russia no longer plays a role for Europe

The European Union and the G7 are preparing the 11th round of new sanctions to further isolate Russia, since Russian President Vladimir Putin decided to invade Ukraine in February 2022.

2 min Tesla plans to set up a factory in India to build electric cars for domestic sales and exports

Elon Musk is warming up to raising a big flag in India. Reuters reported on Wednesday, citing a source, that Tesla wants to manufacture and sell vehicles in the country. That could make sense if the $550 billion brand becomes a market maker, as it has in China.

Termenul Zilei

Indicele prețurilor de consum (CPI)

Indicele prețurilor de consum (CPI – Consumer Price Index) este unul dintre cei mai importanți indicatori macroeconomici, utilizat pentru a măsura evoluția prețurilor bunurilor și serviciilor consumate de populație. Practic,...

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