Tag Archives: weak

Gold hits record high, nears $3,600/oz as weak US jobs data fuels rate-cut bets  Reuters When in doubt, investors go for the gold (investment)  Business Insider Goldman Says Gold Near $5,000 Possible If Fed Standing Damaged  Yahoo Finance Gold Keeps Hitting Records. It’s Sending a Message About the Economy.  Barron’s Gold ETFs Inflows Continue In August, Says World Gold Council  Forbes Source link

A weak August jobs report would spur a Fed rate cut. A worse one may prompt more.  MarketWatch Bearish Treasuries Bets Grow as Traders Brace for Key Jobs Data  Bloomberg.com ‘A reality check’: What investors should be watching this week as Wall Street revs up after summer vacation  Business Insider Stock Market Week Ahead: A Payrolls Showdown, Plus Zscaler, Credo And Broadcom  Investor’s Business …

Asian Stocks to Rise as Weak US Jobs Fuel Fed Bets: Markets Wrap  Bloomberg.com China Eyes Curbs on Stock Speculation to Foster Steady Gains  Bloomberg.com Defence stocks cool as Beijing steadies markets  NAI500 The Chinese stock market is plunging after the Chinese government is said to be considering a number..  매일경제 China stocks tumble on talk of regulatory curbs, tech selloff  MarketScreener Source link

Salesforce Projects Weak Sales Growth, Fueling AI Anxiety  Bloomberg Salesforce issues weak revenue guidance even as earnings beat estimates  CNBC Earnings live: Salesforce stock sinks on tepid guidance, Figma slides, Macy’s soars, Dollar Tree falls  Yahoo Finance Salesforce’s weak quarterly revenue forecast signals lagging AI monetization  Reuters Salesforce Shares Slip as Investors Fret Over Light AI Returns  The Wall Street Journal Source link

(Reuters) -Business software provider Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, as clients dial back spending on its enterprise cloud products due to macroeconomic uncertainty. The cloud software provider also announced a $20 billion increase to its existing share buyback program, bringing the total to $50 billion. Shares of the San Francisco, California-based company fell more than …

U.S. Treasury yields fell on Wednesday after the latest job openings data came in lighter than expected. The yield on the 30-year Treasury bond was down 8 basis points to 4.891%. The yield on the benchmark 10-year Treasury was more than 7 basis points lower at 4.205%. One basis point equals 0.01% and prices move inversely to yields. The move …

Constellation Brands Cuts Outlook on Weak Beer Demand  The Wall Street Journal Constellation Brands shares sink as Modelo maker slashes guidance, sees Hispanic consumer decline  CNBC America’s most popular beer maker cuts fiscal outlook as Trump’s immigration crackdown hits demand  Yahoo Finance Beer sales have dropped off. Modelo and Corona parent’s stock dives to a 5-year low.  MarketWatch Modelo maker hit by lower beer …

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks edged higher while the dollar lurked near five-week lows and gold climbed to a record high on Tuesday, as investors girded for a slate of economic data this week, including the crucial U.S. labour report on Friday. Markets widely expect the Federal Reserve to lower interest rates later this month, pricing in an …

With every new Pixel launch, there’s a huge amount of excitement around what the latest generation of the Tensor chip will bring to the table. This year, with the move to TSMC for fabrication, hopes were high for the new Tensor G5 in the Pixel 10 series. And while it delivers on many of its AI promises along with a …

Marvell Technology (MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came despite second-quarter results showing strong growth in revenue, steady profits, and earnings in line with expectations. However, investors focused on the outlook rather than the recent gains, which led to a selloff in the stock. Elevate Your …