News Archives

Netflix Has About Five Million Users with A Lower Subscription

Leave a Comment / Stock Markets / By John Marley

The American company Netflix recently launched an option for its users, including lower monthly fees and commercials during broadcast programs. The company’s CEO currently has almost five million global active users every month. According to Reuters, the average age of those viewers is 34, said Jeremy Gorman, Netflix’s president of global advertising and marketing. In …

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Oil Prices on International Markets Rose to 77 Dollars

Leave a Comment / Commodities / By John Marley

Oil prices rose to $77 on international markets on Friday, boosted by estimates that the White House and Congress will agree to raise the US debt ceiling and remove the threat of payment problems. On the London market, the price of a barrel was 1.15 dollars higher around noon than at the close of trading …

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The Saudi Arabia Budget Is Again in Deficit in Q1

Leave a Comment / Forex / By John Marley

Saudi Arabia registered a budget deficit in the Q1 of the year as the government boosted spending on wages and economic diversification projects. The country had a shortage of 2.9 billion riyals ($770 million). Government revenue increased in the first quarter, extended by higher non-oil gains, but outpaced by an almost 30 percent advancement in …

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No New Ship Is Allowed to Export Grain Across the Black Sea

Leave a Comment / Commodities / By John Marley

Ukraine, Russia, Turkey, and the United Nations (UN) failed to reach an agreement during negotiations on Black Sea grain exports. According to Reuters, UN spokesperson Farhan Haq stated that there had been no new authorizations for ships to export grain across the Black Sea. Additionally, he mentioned that previously authorized ships are undergoing daily inspections. …

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Apple achieved results better than expected

Apple achieved better-than-expected revenue results

Leave a Comment / Stock Markets / By John Marley

Apple has announced earnings data for its second fiscal quarter, and it had better-than-expected revenue results. Financial results generally beat analysts’ earlier expectations, driven by strong iPhone sales. However, Apple’s overall revenue fell for the second quarter. Shares of the tech giant rose nearly 2 percent in extended trading last night after the market closed …

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The Eu’s Oil Embargo Risks Escalating Already High Inflation

Crude Oil Commodities Feed

Leave a Comment / Commodities, News / By Chloe Wilson

Oil market sentiment remained gloomy. ICE Brent fell more than 5% Wednesday, settling in the $75/bbl range. This is the greatest daily percentage drop since early January and the lowest level since March. There are a few new factors to warrant the sell-off. However, investors appear to be becoming concerned about the macroeconomic outlook and …

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AI Risks Are to Be Protected by Tech Bosses

Leave a Comment / Technology / By John Marley

Google’s Sundar Pichai, Microsoft’s Satya Nadella, and OpenAI’s Sam Altmann have been said to have a “moral” duty to protect the public. The white house has made it clear that it can continue to regulate this sector. Recently initiated AI products like ChatGPT and Bard have captured the public’s imagination. They offer ordinary …

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The Slump in The Stock Market Following Fed Release

Leave a Comment / Stock Markets / By John Marley

The global inventory gauge fell for a fourth straight day while the dollar rose as the European Central Bank boosted the interest rates on Thursday, signaling the need for further monetary tightening, a day after the United States Federal Reserve also hiked interest rates. United States Government bond yields fell, and oil prices stabilized …

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Federal Reserve Interest Rate Boosts and Its Effect

Leave a Comment / Economy / By John Marley

The Federal Reserve boosted the interest rate by 0.25 percentage points on Wednesday, signaling that it may delay further hikes to give officials time to assess the influence of recent bank failures and await and monitor the resolution of the US debt political impasse inflation. A unanimous decision raised the US Federal Reserve’s interest …

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A Slump in The Stock Market Due to Fed Rate Boost

Leave a Comment / Stock Markets / By John Marley

Stock futures fell on Thursday, a day after the Federal Reserve boosted interest rates by another 25 basis points. Traders also struggle with recurring fear of contagion in the regional banking space. Futures of the Dow Jones Industrial Average declined by 0.3% or 131 points. S&P 500 futures declined by 0.4%, while Nasdaq 100 …

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Weak commodities indicators: Oil prices fall 3%

Leave a Comment / Commodities, Economy, News / By Chloe Wilson

On Tuesday, oil prices fell to their lowest level since late March. According to the disappointing Chinese economic data, predictions of interest rates rose significantly. The US Federal Reserve and the European Central Bank (ECB) expressed concerns about sufficient supply this week. Brent crude slid $2.41, or 3.04%, to $76.90 a barrel by 1404 GMT. …

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Dollar and the short-end U.S. yields surge - DXY

US dollar under pressure: Main focus on the Fed

Leave a Comment / Forex, News / By Chloe Wilson

Job postings in the United States declined for the third month in a row in March. Meanwhile, the layoffs reached their highest level in more than two years, according to statistics released on Tuesday. Investors hold onto hopes that a weaker labor market may help the Federal Reserve battle inflation. The US dollar index, which …

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A Surge in Stock Futures, Fed Rate Anticipation

Leave a Comment / Stock Markets / By John Marley

US stock futures increased by Wednesday morning as investors awaited the Federal Reserve’s latest move. Dow Jones Industrial Average Future increased by 0.22% or 73 points. Nasdaq 100 and S&P 500 were increased by 0.03% and 0.21%, respectively. Ford Motor subdued analysts’ expectations for the top and bottom performance last quarter, also a …

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Oil prices are down: Economic concerns increase

Leave a Comment / Commodities, Uncategorized / By Chloe Wilson

Oil prices fell as the short-covering surge spurred by OPEC+’s unexpected output goal drop ended. Oil prices fell as the short-covering surge spurred by OPEC+’s unexpected output goal drop ended. Therefore, global economic fears prompted a wave of profit-taking and new short sells. Within the time period of the previous seven days until April 25, …

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EUR/USD forecast looks positive

Leave a Comment / Forex / By Chloe Wilson

The EUR/USD dipped throughout Friday’s trading session. However, it eventually recovered and showed signs of resilience. Meanwhile, investors were eager to take a little risk ahead of the weekend. The US dollar rose against a number of currencies. However, selling the Japanese yen became the largest mover of the day. The euro seems to continue …

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News

Netflix Has About Five Million Users with A Lower Subscription

Oil Prices on International Markets Rose to 77 Dollars

The Saudi Arabia Budget Is Again in Deficit in Q1

No New Ship Is Allowed to Export Grain Across the Black Sea

Apple achieved better-than-expected revenue results

Crude Oil Commodities Feed

AI Risks Are to Be Protected by Tech Bosses

The Slump in The Stock Market Following Fed Release

Federal Reserve Interest Rate Boosts and Its Effect

A Slump in The Stock Market Due to Fed Rate Boost

Weak commodities indicators: Oil prices fall 3%

US dollar under pressure: Main focus on the Fed

A Surge in Stock Futures, Fed Rate Anticipation

Oil prices are down: Economic concerns increase

EUR/USD forecast looks positive

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