Gold prices appeared to extend a winning streak to a fifth straight session on Thursday, bringing the yellow metal at a distance from a record settlement high of around $ 1,900 an ounce, underscoring the feverish demand for bullion amid the worst pandemic in more than a century. If gold …
Read More »“We want a stable dollar,” says US Treasury Secretary Mnuchin: “It is the world’s reserve currency and we are going to protect that.”
Treasury Secretary Steven Mnuchin says the Trump administration’s goal is a stable US dollar, while, separately, he notes that some foam is seeping into the stock market that has risen from its coronavirus lows to end of march. “ “Clearly there are some individual stocks, I’m not going to mention …
Read More »AT&T beats second quarter earnings forecast; WarnerMedia revenue decline
AT&T Inc. (T) – Get report On Thursday, it posted stronger-than-expected second-quarter earnings, but saw a notable drop in WarnerMedia revenue when coronavirus closings hit the global entertainment industry. AT&T said adjusted earnings for the three months ending June were set at 83 cents a share, 6.75% less than in …
Read More »Dow Futures Wins as Second Quarter Earnings Impress: Dollar Stumbles
Thursday Market minute Global stocks are trading higher as solid corporate earnings offset rising tensions between the United States and China, concerns over coronavirus infection. China’s foreign minister said the United States should “think carefully” about its relationship with Beijing, as the two continue to discuss trade and political interference …
Read More »Tesla shares skyrocket after making fourth consecutive quarterly profit, paving the way to the S&P 500
Tesla shares rose as much as 5.8% in pre-market trading on Wednesday after the company posted fourth consecutive quarter earnings. Elon Musk’s electric car company reported $ 104 million in net revenue, a big improvement from its $ 408 million loss in the second quarter of 2019. Tesla is now …
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