General Motors warns of yet another EV-related writedown, less than a month after rival Ford Motor announced its own multibillion-dollar charges related to fading demand for EVs. #latest #carmaker #write #billions #pivot #EVs
Oil prices bounce strongly after losses; Venezuela in spotlight #Oil #prices #bounce #strongly #losses #Venezuela #spotlight
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The S&P 500 Index ($SPX) (SPY) today is up +0.02%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.45%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.77%. March E-mini S&P futures (ESH26) are up +0.02%, and March E-mini Nasdaq futures (NQH26) are down -0.75%. Stock indexes are mixed today, as the broader market is under pressure … Read more
As the Google parent company edges closer to a $4 trillion market capitalization, a new bull cheers AI advantages that can keep the rally going. #Alphabets #stock #reign #king #trade
US weekly jobless claims edge up; third-quarter worker productivity surges #weekly #jobless #claims #edge #thirdquarter #worker #productivity #surges
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Technical Assessment: Bullish in the Intermediate-Term #Technical #Assessment #Bullish #IntermediateTerm
February WTI crude oil (CLG26) today is up +0.99 (+1.77%), and February RBOB gasoline (RBG26) is up +0.0435 (+2.57%). Crude oil and gasoline prices are sharply higher after today’s better-than-expected US economic news shows strength in energy demand. Also, the upcoming annual rebalancing of commodity indexes will see buying of oil contracts, a bullish factor … Read more