EIA Natural Gas Report Reveals A Surprise Storage Draw Of -3 Bcf
Natural gas prices test multi-week highs as traders react to the EIA report.
11-221.70w
Weekly Unemployment Claims Decline as Manufacturing Activity Softens
Weekly unemployment claims drop, reflecting labor market resilience, as manufacturing shows mixed signals but brighter six-month expectations.
11-221.69w
Gary Gensler to exit SEC on January 20: XRP, ADA, BNB prices react as Crypto Marketcap hit $3.23 Trillion
Gary Gensler will leave US SEC Chair office on Jan 20, 2025, marking the end of a tenure defined by intense scrutiny of cryptocurrency markets.
11-221.70w
EIA: U.S. Crude Stocks Rise as Imports Surge, Refinery Activity Slows
Crude oil inventories rise despite refinery slowdown; imports surge, but demand weakness in distillates points to a bearish outlook for oil prices.
11-211.81w
NAHB Housing Market Index Rises To 46, Beating Analyst Expectations
The index continued to recover from the lows that were reached in August.
11-211.82w
U.S. crude oil inventories increased by 2.1 million barrels last week, exceeding analysts 'expectations
A report released by the EIA showed that U.S. crude oil inventories increased by 2.1 million barrels from the previous week, higher than analysts 'expectations of 1.8 million barrels. Currently, U.S. crude oil inventories are about 5% below the five-year average for the same period.
11-072.21w
Crude Oil
Nvidia Replaces Intel in Dow, AI technology becomes the focus
NVIDIA will officially replace Intel as a component of the Dow Jones Industrial Average (DJIA) on November 8
11-052.24w
NVIDIA/Intel
Financial report summary: Apple, Amazon and Intel perform differently in quarterly results
Earnings from Apple, Amazon and Intel reveal major trends in the industry, with growth in cloud computing, iPhone sales and artificial intelligence laying the foundation for these technology giants to compete in 2024.
11-012.31w
Apple/Amazon/Intel
U.S. Supply Growth Below Expectations, Natural Gas Prices Retreat
The EIA report showed natural gas reserves increased by 78 billion cubic feet (Bcf) from the previous week, below analysts 'expectations of 81 billion Bcf.
11-012.27w
Natural Gas
Caixin Manufacturing PMI Rises To 50.3 In October, Back In Expansion Zone
China's Caixin Purchasing Managers Index (PMI) resumed expansion in October, indicating stronger demand.
11-012.25w
PMI
Earnings Summary: Microsoft Cloud Services Shine While Meta User Growth Slows
Microsoft's cloud growth boosts earnings, Meta outperforms but misses subscriber growth targets, and Starbucks strategizes recovery after sales slump.
10-312.28w
Microsoft/Meta/Starbucks
U.S. Crude Oil Inventory Decreases By 500,000 Barrels Last Week, Significantly Below Expectations
The EIA report showed that crude oil inventories fell by 500,000 barrels last week, well below analysts 'expectations for an increase of 2.3 million barrels.
10-312.26w
Crude Oil
Earnings Summary: Pfizer Raises Outlook, McDonald’s Beats Q3 Expectations
Pfizer's third-quarter profit exceeded expectations, mainly due to sales of Paxlovid.
10-302.30w
US stock/Pfizer/McDonald
Earnings Summary: Strong Q3 for Google Boosts Tech Stocks
Alphabet Earnings Lead, Cloud Growth Beats Expectations; Snap, AMD and Reddit Report Mixed Results as Tech Stocks Brace for Short-Term Gains.
10-302.27w
US stock/Google
US September JOLTs and CB Report Miss Analysts‘ Expectations
The US released the September JOLTs job openings report and the CB consumer confidence report, showing a weak market.
10-302.27w
US Economy/FED/JOLTS
U.S. August Housing Price Growth Slows Amid High Mortgage Rates
In August, U.S. home price growth showed a slowing trend, affected by high mortgage rates and seasonal changes in demand.
10-302.28w
US Economy/Real Estate/Inflation
Dallas Fed Manufacturing Index Report Below Analysts' Expectations
The latest manufacturing index report released by the Dallas Fed showed that its index rose from -9.0 in September to -3.0 in October, but was lower than the -1 expected by analysts.
10-292.28w
S&P500/US Economy/US Dollar Index
Tesla Shares Soar, But JPMorgan Warns Of Potential Risk
Tesla expects vehicle deliveries to increase by 20% to 30% in 2025, significantly higher than the market consensus forecast of 10%-12%.
10-252.32w
Tesla/US stock
Earnings Summary: Southwest Airlines Beats Expectations, American Airlines Raises Annual Outlook
Southwest Airlines, American Airlines, UPS and Honeywell reported mixed third-quarter results, with Southwest Airlines and UPS earning exceeding expectations, while Honeywell missed revenue targets.
10-252.29w
US stock
U.S. Jobless Claims Drop Unexpectedly, Labor Market Shows Resilience
The number of U.S. jobless claims dropped unexpectedly to 227,000, signaling a return to vitality in the labor market, but the increase in jobless benefits suggests the economy is cooling.
10-252.29w
U.S. labor market
EIA Reports Surge in US Crude Oil Inventories, Pressuring Prices
The EIA report showed that U.S. crude oil inventories increased by 5.5 million barrels compared with the previous week, far exceeding market expectations of 700,000 barrels.
10-242.31w
Crude Oil
US Existing Home Sales Hit 14-Year Low as High Rates Deter Buyers
U.S. used home sales fell to a 14-year low in September as high mortgage rates and high home prices kept homebuyers cautious.
10-242.29w
U.S. Real Estate
Global Economy Mixes, IMF Adjusts Economic Growth Forecasts
The International Monetary Fund recently released a report, adjusting its economic growth forecasts for many countries. Among them, expectations for the United States, Brazil and the United Kingdom were raised, while those for China, Japan and the eurozone were lowered.
10-232.34w
Global Economy/Inflation/Interest Rates
GM Q3 Financial Results Exceed Expectations, Raises 2024 Earnings Guidance
General Motors' Q3 earnings report once again exceeded Wall Street expectations, and the company subsequently raised its 2024 earnings guidance.
10-232.32w
GM/Financial Results/US stock
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