Stock market’s wild gyrations put earnings in focus as inflation crushes Fed ‘pivot’ hopes

Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for 2023 and ...

CPI Crushes Bitcoin Price Down To $17,900, New Lows Imminent?

Bitcoin lost support at $18,600 and trended lower close to its yearly bottom at $17,900. The cryptocurrency managed to stop the bleeding at these levels, but the general sentiment in the markets seems...

Ethereum price crushes below $1,500 after the Merge: where to buy the Ethereum dip

Ethereum price (ETH/USD) has dropped for the second day consecutively despite a successful roll-out of the long-awaited Merge upgrade of the Ethereum Network. The Merge was successfully completed in t...

Binance Booms as Crypto Tax Crushes Indian Exchanges

The cryptocurrency tax introduced by India’s government has caused foreign exchanges like Binance to consolidate their market share there. The Binance app was the only one among the top exchanges that...

Visa Inc crushes third-quarter financial estimates

Visa (NYSE: V), a global leader in digital payment systems that facilitates payment transactions between merchants, consumers, government entities, and financial institutions across over 200 territori...

TXN Stock: Texas Instruments Crushes Wall Street’s Estimates

Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...

Bitcoin faces fresh pressure as US dollar crushes gold, risk assets

Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year rec...

Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.

Text size Dreamstime Almost every analyst on Wall Street knew that the memory chip company Micron Technology was likely to provide quarterly guidance below previous Street estimates. And that’s exactl...

Energy Crushes Tech In First Half

385757 10: A winter sunrise surrounds an oil well in the South Cuyama Oil Field February 16, 2001, … [+] near New Cuyama, CA in Santa Barbara County. In recent months, the state Coastal Commissi...

EV Charging Stocks: Blink Charging Rises As Revenue Crushes Views; Plug Power Sinks

Blink Charging (BLNK) crushed revenue estimates for the first quarter. Blink stock rose in late trade. X Plug Power (PLUG) missed both earnings and revenue views for the fuel-cell firm. Plug stock fel...

AMD Crushes Earnings As New Chip Leadership Emerges

AMD (Photo credit should read NORBERT MILLAUER/DDP/AFP via Getty Images) DDP/AFP via Getty Images Sales of semiconductors are running red hot, even as the shares of the leading chipmakers swoon. Somet...

QCOM Stock: Qualcomm Crushes March-Quarter Targets

Wireless-chip leader Qualcomm (QCOM) late Wednesday pummeled Wall Street’s targets for its fiscal second quarter and guided higher for the current period. QCOM stock rose in extended trading. X ...

Cleveland-Cliffs Crushes Earnings Estimates. Contract Steel Pricing Does It.

Rising prices helped steel maker Cleveland-Cliffs report much better-than-expected first-quarter sales and earnings. Prices for Cliffs steel rose even as spot prices for steel dropped in the first qua...

TSM Stock: Taiwan Semiconductor Crushes Q1 Targets

Taiwan Semiconductor Manufacturing (TSM), the world’s top chip foundry, on Thursday smashed expectations for the first quarter and guided higher for the current period. But TSM stock fell despit...

Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.

Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...