Offshore drilling market is experiencing increasing demand, longer contract durations, and rising dayrates, with customers securing rigs years in advance, according to CEOs of Valaris and Diamond Offshore Drilling.
CRISPR Therapeutics experiences a 14% stock increase following narrower net loss in Q3 and positive pipeline progress update.
Stocks closed higher on Tuesday, with the Nasdaq and S&P 500 extending their winning streaks to their longest since November 2021, while the Dow Jones Industrial Average also notched its seventh straight day of gains.
China's older generation of retail investors are giving up on the stock market, while younger generations show less interest due to decreased risk appetite and a preference for stability, leading to a smaller group of small investors and a larger role for professional entities.
Stocks extended their winning streak for the seventh straight session as investors gained confidence in the Federal Reserve putting an end to its tightening campaign, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all posting gains, while cautious voices remain, warning that the Fed could still raise rates.
Top bitcoin miners sold more tokens than they produced last month, cashing in on the price rally and increasing the bitcoin liquidation-to-production ratio to 104% in October.
Wall Street gains as Treasury yields continue to slide, with the S&P 500 and Nasdaq Composite posting their longest streak of gains since November 2021; tech stocks rise while oil prices sink.
November is expected to be an active month for altcoins, with various conferences and events presenting good trading opportunities for investors.
The global offshore drilling market is showing signs of improvement, with longer contract durations, rising day rates, and increasing demand for rigs, driven by supportive commodity prices and attractive breakevens for offshore projects. The market is expected to recover strongly by 2024, driven by increased exploration and production spending and offshore activity in Africa and Asia-Pacific. There are also promising opportunities for both deepwater and shallow-water rigs in regions such as Brazil, the Mediterranean, West Africa, the Middle East, and Southeast Asia.
Garage Beer, the fastest-growing light beer brand in the United States, has gained popularity by capitalizing on the nostalgia and longing for authentic beer experiences, targeting a demographic of beer-drinking dads who socialize in garages.
The affordability of housing in the United States is at its lowest level since the 1980s, with the median household needing almost 41% of its monthly income to cover mortgage payments on a median-priced home, driven by high mortgage rates and high home prices.
In light of the Israel-Hamas war, the market focus is expected to shift back to economic fundamentals, with demand for high-quality bonds likely to increase due to near-term geopolitical uncertainty and moderating global economic growth.
Securities and Exchange Commission Chair Gary Gensler warns about the risks of leveraged trading by hedge funds and investment firms in the US Treasuries market, emphasizing the need for regulatory measures to reduce potential instability.
The sluggish housing market is expected to have its slowest year since the Great Recession, but the demand for homes persists due to the "five D's" - diapers, diplomas, diamonds, divorce, and death - which represent life events that drive people to buy homes, despite affordability concerns and high mortgage rates.
The Canadian Dollar is seeing a pullback against the US Dollar as risk sentiment wavers and investors turn to safe havens.
To break into new markets and find success without leads or references, companies should focus on understanding customer pain points, establishing a unique differentiator, offering free trials, targeting highly regulated markets, and using targeted approaches to find contacts.
Central banks, led by China, are expected to buy a record amount of gold this year, with China alone purchasing 23 tonnes of gold in October, as central banks continue to diversify away from the U.S. dollar.
U.S. equities continued to rally as tech stocks gained and bond yields fell, leading to optimism that the Federal Reserve may not raise interest rates further; notable performers included cybersecurity software maker Gen Digital and analog chipmaker NXP Semiconductors.
The text provides information about a video series that offers insights and data on the auto industry, with a focus on translating the information into actionable insights.
Agricultural and construction machinery maker CNH Industrial has lowered its revenue forecast for 2023 due to weakening demand for its farm machinery in South America, which has resulted in a decrease in its shares and a restructuring plan that includes job cuts.
Top global banking chiefs have expressed concerns that the next financial crisis could arise from rising geopolitical uncertainty and regulatory tightening, with the trigger likely to come from the geopolitical or political space, according to Morgan Stanley CEO James Gorman.
Wall Street stocks rebounded amid renewed confidence in the Federal Reserve halting its rate hikes, with the S&P 500 and Nasdaq Composite on track for their seventh and eighth consecutive days of gains respectively, while hopes for the end of rate hikes have allowed corporate earnings to shine.
Brazilian planemaker Embraer is trying to sell U.S. carriers on its E195-E2 jet as a "small narrow-body" to complement larger narrow-bodies and improve its production mix, targeting new orders in the American market.
Tie all messaging back to ROI, ask the right discovery questions, and establish a well-defined sales process to drive urgency and close deals in today's challenging enterprise market.
Warren Buffett-backed homebuilder D.R. Horton reported better-than-expected Q4 earnings and revenue, providing positive guidance for its 2024 performance and the U.S. housing market.
Shares of renewable fuel and specialty alcohol producer Alto Ingredients plummeted by over 50% after the company's Q3 earnings fell significantly short of expectations due to unexpected downtime, lower production volumes, and higher costs, leading to doubts about the company's ability to meet its expansion goals and the need for additional funding; investors should exercise caution in light of the company's weak performance.
Oil prices hit their lowest level since August as a combination of factors, including mixed economic data from China and extended supply cuts from top OPEC+ producers, contribute to the decline.
The rare bullish stock market indicator, the Zweig Breadth Thrust, has flashed, suggesting that the S&P 500's bull market rally has more room for growth, with historical data showing significant gains in the stock market after the indicator triggers.
JPMorgan Chase's Chief Market Strategist Marko Kolanovic warns that the recent U.S. stock-market advance is unlikely to last as the market faces multiple challenges, including a Federal Reserve that is unlikely to cut interest rates in a slowing economy.
Stocks that could thrive in a scenario of prolonged higher interest rates and a sluggish economy are discussed in this article.
A new period of upward momentum is predicted for the cryptocurrency market, with Solana, oracle networks, and meme coins experiencing strong growth compared to the overall market.
Stocks on Wall Street slipped as confidence in a rate-hike pause by the Federal Reserve started to seep away, with the tech-heavy Nasdaq Composite continuing on a win-streak path while the S&P 500 edged down.
Pre-market futures initially opened down, but the Nasdaq is now trading higher, while the Dow and S&P 500 remain slightly negative; Q3 earnings have generally exceeded expectations, with positive reports from eBay and Gilead Sciences, but Uber missed expectations due to equity investments and reclassification of incentives; D.R. Horton, the Texas-based homebuilder, surpassed estimates with strong earnings and revenue, and provided solid revenue guidance for the next quarter.
Contract chipmaker GlobalFoundries forecasts fourth-quarter profit above analysts' estimates, indicating a potential easing of the semiconductor industry's supply glut.
Big banks, including Bank of America, are facing $650 billion in unrealized losses due to the Treasury-market rout, raising concerns about the potential for another financial crisis.
The global cellular IoT and LPWAN module market is expected to experience significant growth from 2022 to 2026, driven by the adoption of innovative business models and emerging technologies like 5G and non-terrestrial networks (NTN).
Stock futures are falling after the president of the Federal Reserve Bank of Minneapolis stated that the central bank still needs to bring inflation down, potentially impacting technology stocks like Uber, Datadog, Alteryx, Tripadvisor, Vertex, UBS, RingCentral, and more.
Stock futures on Wall Street slipped as confidence fades in the Federal Reserve's likelihood of not raising interest rates again this year, causing the year's best rally to lose momentum.
The Virtual Assets Regulatory Authority (VARA) in Dubai has released comprehensive regulations to promote crypto activities, taking a collaborative approach and consulting stakeholders to develop its guidelines.
China's share of active LNG contracts is expected to double from 12% in 2021 to around 25% by 2030, as the country's demand for natural gas continues to increase, with the percentage of natural gas sourced from Russia likely to rise further and the country becoming an increasingly dominant player in the global LNG market.
Meta Platforms (META) is a resilient growth stock that outperformed its competitors in digital advertising, with strong revenue growth, increasing average revenue per user, and expanding operating margin, making it an attractive investment opportunity despite its recent climb in stock price.
The global markets are trying to gauge last week's rally in stocks and bonds, as investors anticipate the impact of the upcoming Treasury debt sales and assess the effects of the recent oil price slide; mixed signals from the US economy and China's poor export numbers contribute to the cautious sentiment.
U.S. stock futures were pointing lower after a Federal Reserve official expressed concerns about inflation, raising doubts about potential interest rate cuts.
The Federal Reserve's decision to keep rates unchanged triggered a market rebound in November, with the potential for a bullish market trajectory and big tech companies continuing to lead, as indicated by the Nasdaq-to-Russell 2000 ratio.
US futures drop as traders assess Wall Street rally, WeWork files for bankruptcy due to post-COVID decline in office space demand, and UBS reports quarterly loss tied to Credit Suisse merger costs.
Oil prices hit a 2-1/2-month low due to mixed economic data from China, offsetting the impact of Saudi Arabia and Russia extending output cuts.
The Euro and US Dollar remained relatively stable, while the UK Halifax House Price Index decreased by 3.2% and the German Construction PMI fell to its lowest level since April 2020; however, financial services saw gains and the oil and gas sector dropped after Saudi Arabia's Aramco reported a decline in profits.
Stocks retreated and the dollar rose after a Federal Reserve policymaker dampened hopes of speedy interest rate cuts from the US central bank.
Shares in Europe and Asia mostly fell as Wall Street calmed down and WeWork confirmed bankruptcy protection, while China's imports rose for the first time in over a year and oil prices dropped.
Wall Street edges lower as more corporate earnings come in but lack of economic data provides little direction for markets coming off their best week of the year.