Outlook

Written by Tim Heffer and Lisa Barrington DUBAI (Reuters) - Global airlines on Monday raised their 2024 profit forecasts and projected industry-wide revenues of just under $1 trillion as the number of passengers on flights rose to a record…

Upcoming events:Monday: China Caixin Manufacturing PMI, Swiss Manufacturing PMI, Canadian Manufacturing PMI, US ISM Manufacturing PMI.Tuesday: Swiss Consumer Price Index, US job opportunities.Wednesday: Average monetary income in Japan,…

Ulta Beauty, Inc. (NASDAQ:) reported a 3.5% increase in net sales reaching $2.7 billion in the first quarter of 2024, with comparable sales growing by 1.6%. Despite a challenging environment, the company showed resilience with an operating…

(Updated - May 29, 2024 at 9:59 AM EST) Dick's Sporting Goods (NYSE:) stock jumped more than 15% on Wednesday after the company reported a strong first quarter with earnings and revenue topping analysts' expectations, prompting…

As we head into the second half of 2024, investors are keenly looking to currency movements for indications of how the forex market will shape up over the next few months. In this context, JP Morgan issued its forecasts for the US dollar.…

The U.S. housing market is now tilted in favor of buyers, who are resisting the higher home prices demanded by sellers, according to Robert Rifkin, co-founder and CEO of Compass. Tell CNBC on Wednesday 30% of inventory on the market has…

Written by Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell against most major currencies on Friday as traders took profits after recent gains, but the US currency remained well positioned to rise further, supported by strong US…

Upcoming events:Monday: UK/US Holidays, German IFO.Tuesday: Australian retail sales, Canadian producer price index, US consumer confidence.Wednesday: Australia Monthly Consumer Price Index, Fed Beige Book.Thursday: Swiss GDP, Eurozone…

Days after hitting a one-month high of $3,943, the price of Ethereum (ETH) has begun a correction. The initial surge came after the US Securities and Exchange Commission (SEC) approved applications from the Nasdaq and the New York Stock…

Cryptocurrency investors can't seem to get enough of Dogeverse, the cross-chain coin that has taken the market by storm. As the record-breaking $15 million pre-sale enters its final stage ahead of stock exchange…