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.
6hour ago2098
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
1 day ago1.63w
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.
11-012.06w
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.
11-012.03w
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.
11-012.02w
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.
10-312.08w
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.
10-312.08w
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.
10-302.12w
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.
10-302.10w
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.
10-302.10w
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.
10-302.11w
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.
10-292.11w
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%.
10-252.18w
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.
10-252.16w
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.
10-252.16w
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.
10-242.18w
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.
10-242.17w
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.
10-232.20w
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.
10-232.20w
GM/Financial Results/US stock
Germany’s September Producer Prices Drop 1.4%, ECB December Rate Cut Expectations Rise
As German producer prices continue to fall, economists expect inflation to weaken in the future, and expectations for the European Central Bank to cut interest rates in December are heating up.
10-222.19w
german economy/ECB
U.S. September LEI Index Declines Again, Signaling Economic Slowdown
According to the latest data, the U.S. Leading Economic Index (LEI) fell 0.5% month-on-month to 99.7 points in September, the second consecutive month of decline after a 0.3% decline in August.
10-222.19w
US economy
China Q3 GDP Growth Rate Far Lower Than Expected, Fiscal Stimulus Measures Become Focus
China's economic growth was 4.6% in the third quarter, down from 4.7% in the second quarter of 2024, but slightly higher than economists' expectations of 4.5%, and well below the government's 5% growth target for 2024.
10-182.23w
GDP/Global Economy
Earnings Overview: Netflix And TSMC Lead Q3 Earnings Season
The latest financial results of major U.S. stock companies reveal a series of important data, with Netflix and TSMC becoming the focus.
10-182.22w
Netflix/TSMC
U.S. Crude Oil Inventories Fell by 2.2 Million Barrels Last Week, Far Below Analysts' Expectations
U.S. domestic crude oil production increased from 13.4 million bpd to 13.5 million bpd. Rising domestic production could be a potential negative factor for the oil market.
10-182.23w
Crude Oil
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