News Blog

Moody’s: Διατήρησε το Ba1 για την Ελλάδα με σταθερές προοπτικές – “Βλέπει” ανάπτυξη 2,4% για το 2024

Σε “περιοδική αξιολόγηση” του rating για την Ελλάδα προχώρησε ο αμερικανικός οίκος αξιολόγησης Moody’s, διατηρώντας τη χώρα στη βαθμίδα Ba1 με σταθερές προοπτικές (outlook), ένα σκαλοπάτι κάτω την επενδυτική βαθμίδα. Σημειώνεται ότι είναι ο μοναδικός οίκος (μετά την αναβάθμιση από τους Standard and Poors, DBRS και Fitch) που δεν κατατάσσει την Ελλάδα στην επενδυτική βαθμίδα.

U.S. Steel posts weak Q1 profit forecast on lower demand in tubular segment

U.S. Steel (X.N), opens new tab, whose deal to be bought by Japan’s Nippon Steel (5401.T), opens new tab has run into political resistance, including from President Joe Biden, forecast first-quarter earnings below estimates on Monday due to lower demand in its tubular business.

Fisker stock sinks after a production pause offset a new financing deal

Shares of Fisker Inc. slumped toward a record low Monday, after the electric-vehicle maker disclosed a new financing commitment, but also said it would pause production as it deals with a pile up of inventory.

China’s upbeat industrial output, retail sales tempered by frail property

China’s factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some relief to policymakers even as weakness in the property sector remains a drag on the economy and confidence.

Eurozone February final CPI +2.6% vs +2.6% y/y prelim

No changes to the initial estimates as euro area inflation eases further in February but not as much as hoped. Core annual inflation continues to sit above 3% and may be tough to fall much more meaningfully in the months ahead.

US homebuilder confidence at highest level since July, NAHB says

U.S. homebuilder confidence rose in March to the highest level since July due to easing mortgage rates and an improved pricing environment amid a continued existing home inventory shortage, the National Association of Home Builders said on Monday.

Nvidia Developer Conference: What to Expect Today

The stock and earnings moves raise the stakes for the company’s latest developers conference, which kicks off in San Jose Monday afternoon, with a keynote from founder and CEO Jensen Huang.

Tesla’s stock rallies as prices for Model Y EVs will increase in April

Shares of Tesla Inc. got a nice bump up Monday, after the electric-vehicle giant said it was raising prices on its lower-cost Model Y vehicles in the U.S.

TSMC considering advanced chip packaging capacity in Japan, sources say

Taiwan’s TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan’s efforts to reboot its semiconductor industry.

Oil prices trade at 4 1/2-month high as drone attacks crimp Russia output

Oil futures rose early Monday, finding support as continued attacks by Ukraine on Russian energy facilities were estimated to have idled a significant chunk of Russia’s refining capacity.

Alphabet and Apple Stocks Rise on Report of Talks About AI for iPhones. What to Know

Apple has been holding discussions with Google over a deal to use the Gemini artificial intelligence engine in the iPhone, Bloomberg reported.

Biden says it’s ‘vital’ US Steel remain American owned and operated

President Joe Biden on Thursday said he believes it’s “vital” that US Steel remain American owned and operated, dealing a blow to the iconic company’s planned sale to Japan’s Nippon Steel.

Ulta Beauty beats on top and bottom lines in Q4, revises full-year guidance

Ulta Beauty reported better-than-expected earnings and revenue for the fiscal Q4 2023 and revised guidance for the full-year operating margin and capital expenditure.

Adobe drops as weak forecast fans worries about competition, AI efforts

Adobe’s shares fell 12% on Friday as the company’s lackluster quarterly forecast raised fears about strong competition and disappointed investors who were hoping for a boost from generative AI integrations.

Volkswagen group deliveries down 1.1% in February

Volkswagen group deliveries fell by 1.1% in February to 605,500 vehicles, hit by a sharp decrease in China, the German carmaker said on Friday.

Swisscom buys Vodafone Italia for $8.7 billion as telcos consolidate

Swisscom said on Friday it will buy Vodafone Italia for 8 billion euros ($8.7 billion) and merge the business with its Italian subsidiary Fastweb in the latest round of consolidation in Europe’s most competitive telecoms markets.

Vonovia falls 6% after its biggest ever loss shines light on Germany’s property crisis

Shares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a deepening real estate crisis in Europe’s largest economy.

McDonald’s suffers global tech outage forcing some restaurants to halt operations

McDonald’s suffered a system failure Friday that left customers in some parts of the world unable to order food.

BlackRock launches U.S. equity ETFs with covered-call strategies as option-based funds surge

BlackRock is rolling out two new exchange-traded funds that use option strategies, a hot area of the ETF market in the U.S.

Bitcoin Drops Near 10% in Crypto Correction. How Far Prices Could Fall.

Bitcoin and other cryptocurrencies fell on Friday in what looked like a short-term correction after a red-hot rally in digital assets. Prices could fall further even as traders continue to be bullish on the outlook for cryptos in the months ahead.