Stocks News

In January, the producer price index (PPI) increased by 0.3%, surpassing the expected 0.1% rise, indicating complexities in the inflation scenario.

Coinbase delivered impressive Q4 earnings that were in stark contrast to Q3, highlighting the impact of the recent thawing of the crypto market winter.

January retail sales dropped 0.8%, defying forecasts; Citi’s 0.6% estimate closest. Consumer spending shifts hint at trends.

In January, the Consumer Price Index unexpectedly rose to 0.3%, indicating stronger inflationary pressures in the economy.”

The upcoming CPI report, key to Fed policy, is set to sway Treasury yields, the dollar, gold prices, and stocks, reflecting inflation trends.

The BTC-spot ETF market fueled a broad-based crypto rally, with BTC eyeing $50,000. However, SEC cases against Coinbase and Ripple remain focal points.

BLS revises December CPI to 0.2%, November to 0.2%, showing persistent inflation; December’s core CPI steady at 0.3%.

Friday’s CPI revisions could significantly shape the Fed’s inflation management plans, impacting future rate decisions.

Unemployment claims fall, insured rate drops to 1.2%, but rising moving averages reveal labor market complexity, impacting investor sentiment.

Disney’s fiscal first-quarter earnings outshine forecasts, with an aggressive cost-reduction plan contributing to a 20% EPS growth expectation.

McDonald’s (MCD) surpasses EPS forecasts in Q4, despite falling short in global revenue projections due to Middle Eastern conflicts.

January’s economy adds 353,000 jobs, unemployment steady at 3.7%, with a 0.6% hike in average hourly earnings showcasing resilience.

Apple’s Q1 sees revenue and EPS exceed estimates, iPhone sales rise, and growth despite global pressures and China challenges.

According to ADP, January’s private sector added only 107,000 jobs with a modest 5.2% wage increase for job-stayers.

Microsoft’s Q2 earnings hit $2.93/share, beating $2.78 estimates with Azure’s 30% revenue surge, showcasing its cloud sector dominance.

FOMC’s upcoming meeting may maintain rates, reflecting the Fed’s focus on balancing inflation control with economic growth and cautious policy.

Grayscale Bitcoin Trust (BTC) outflows slowed on Wednesday and Thursday, supporting a BTC return to $42,000 and cryptos amidst US lawmaker scrutiny.

December’s 0.3% income rise, 0.7% spending surge, and stable 0.2% Core PCE rise signal robust economic growth and confidence.

Intel (INTC) tops forecasts but Q1 2024 outlook and seven-quarter revenue rebound face AI and manufacturing challenges, testing investor confidence.

Q4 2023 GDP surpasses estimates, expanding at 3.3%, exceeding the projected 2.0%.