The futures were lower on Wednesday after yet another rollercoaster trading day in which all the major indexes finished the day higher. The big catalyst was Federal Reserve Chair Jay Powell’s appearance at the Economic Club of Washington. He noted that, while the 2% inflation target remains in place, the disinflationary pressures had begun and were subsiding, though they had […]

This report was sent to Briefing.com subscribers earlier today. Upgrades: > Cipher Mining (CIFR) upgraded to Buy from Neutral at H.C. Wainwright; tgt raised to $3 > Lockheed Martin (LMT) upgraded to Outperform from Underperform at Credit Suisse; tgt raised to $510 Downgrades: > Adecoagro S.A. (AGRO) downgraded to Underweight from Equal-Weight at Morgan Stanley; tgt lowered to $9 > […]

Dillon Danis, a Twitter user with nearly 342 million followers, was recently tricked into promoting a website that details a number of alleged scams he promoted. Danis was tricked into posting the expose disguised as an NFT project by the well-known Youtuber Coffezilla. Dillon Danis Tricked Into Promoting a Rug Pull Expose Disguised as an NFT Project On Friday afternoon, […]

video Panera Breads CEO Niren Chaudhary: Inflation has been a ‘massive challenge’ Panera Breads CEO Niren Chaudhary says he’s ‘very concerned’ about the safety of employees and customers of their more than 300 Florida restaurants and addresses how inflation is impacting business on ‘The Claman Countdown.’ More restaurant companies are aiming to test investors’ demand for new listings after the […]

Jean-Michel Pailhon, Chief of Staff at Ledger, will be stepping down from his role at the company after six years, he said in a blog post on LinkedIn. The move comes as Pailhon plans to embark on a new journey to make digital art and NFTs “more accessible” to wider audiences. Pailhon to Focus on NFT Curation After Six Years […]

After a bruising 12 months, investors have started this year on a high. The ASX 200 reversed all of last year’s ugly losses in January alone, and it is hard to ignore the signs the economic backdrop may be less bleak than feared. China is reopening to the world. The supply chain crunch is easing. Inflation – which played havoc […]

Gold prices fell on Thursday, losing for a second straight session, despite staying firm earlier in the day amid a weakening dollar and lower bond yields. Gold prices surged higher earlier in the day amid concerns about a global recession, and on the dollar’s weakness. However, gold prices turned weak as the dollar firmed as the session progressed. The dollar […]

Amid institutional bullishness for the hydrocarbon energy market, oil and natural gas exploration and production firm Murphy Oil (US:MUR) has so far gained over 7% on a year-to-date basis. For the Jan. 30 session, MUR stock represented one of the highlights of Fintel’s screener for unusual stock options volume, with optimistic traders making their presence felt. Specifically, call volume reached […]

video GMC’s Hummer EV is a ‘sold-out,’ ‘phenomenal success’: Global VP Duncan Aldred GMC & Buick global vice president Duncan Aldred discusses the ‘uniqueness’ of GMC’s Hummer electric truck on ‘The Claman Countdown.’  DETROIT -General Motors Co. shares jumped early on Tuesday after it reported higher net income for the fourth quarter, forecast stronger-than-expected earnings for 2023 and said it […]

Premarket action Monday had the three major U.S. indexes trading lower. The Dow Jones industrials were down 0.66%, the S&P 500 down 0.92% and the Nasdaq is 1.24% lower. Six of 11 market sectors closed higher on Friday, with consumer cyclicals (2.27%) and real estate (0.94%) leading the way. Energy (−1.99%) and health care (−0.69%) posted the largest losses. The […]