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Costco posts higher first quarter revenue, profit helped by holiday demand
Investing.com -- Costco Wholesale Corp (NASDAQ:COST) reported higher quarterly revenue and better-than-expected profit on Thursday, as budget-conscious consumers turned to its warehouses for low-priced groceries and discretionary items.
Investing.com
Dec 13, 2024
Ethereum Price Forecast: ETH could see new all-time high above $5,000, on-chain data signals bullish momentum
Ethereum (ETH) is up 1% on Thursday as it aims to tackle the selling pressure near the $4,000 psychological level. On-chain data shows that ETH has begun seeing increased bullish momentum, which could push its price to a new all-time high above $5,000.
Ethereum
Fxstreet
Dec 13, 2024
Gold eases slightly below fresh monthly highs at $2,720
Gold (XAU/USD) is hesitating below a one-month high at $2,720 on Thursday’s European session following a sharp rally over the last three days.
Gold
Fxstreet
Dec 12, 2024
Xi and Trump finally agree to fix China-US relations, set to meet on Inauguration Day
The President-elect has invited Chinese President Xi Jinping to attend his inauguration next month, breaking 150 years of tradition.
Cryptopolitan
Dec 12, 2024
Coca-Cola and PepsiCo shares upgraded at Deutsche Bank
Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy.
Investing.com
Dec 12, 2024
AUD/USD rebound halts at 0.6425 and keeps the bearish trend intact
The Australian Dollar accelerated its rebound from year-to-date lows following stronger-than-expected Australian employment data seen earlier today.
AUD/USD
Fxstreet
Dec 12, 2024
IEA lifts 2025 global oil demand growth forecast to 1.1 million bpd
In its monthly oil market report published on Thursday, the International Energy Agency (IEA) raised 2025 global oil demand growth forecast to 1.1 million barrels per day (bpd) from 990,000 bpd.
Brent
WTI
Fxstreet
Dec 12, 2024
SNB's Schlegel: Will continue to monitor inflationary pressure and will adjust monetary policy if necessary
Swiss National Bank (SNB) Chairman Martin Schlegel is speaking at the post-policy meeting press conference, explaining the reason behind the surprise rate cut move.
USD/CHF
Fxstreet
Dec 12, 2024
BlackRock accelerates Ethereum (ETH) acquisition; more than $500M flow into ETFs in the past days
More than $500M flowed into Ethereum ETFs in the past days, showing renewed consumer interest. BlackRock and Fidelity were the leading buyers, both increasing their ETH balances to a new record. BlackRock and Fidelity became the top buyers of Ethereum (ETH) as demand for ETF investments increased.
Ethereum
Cryptopolitan
Dec 12, 2024
Breaking: SNB surprises with a 50 bps cut to Sight Deposit Rate
Following Thursday's quarterly monetary policy assessment, the Swiss National Bank (SNB) cut the benchmark Sight Deposit Rate by 50 basis points (bps) to 0.50% from 1.00%.
USD/CHF
Fxstreet
Dec 12, 2024
Forex Today: ECB and SNB rate decision, US data to keep action going
Here is what you need to know on Thursday, December 12: The European Central Bank (ECB) and the Swiss National Bank (SNB) will announce monetary policy decisions following the last policy meeting of the year on Thursday.
EUR/USD
Fxstreet
Dec 12, 2024
Pudgy Penguins breaks $100k floor price, surpassing Bitcoin in value
Pudgy Penguins, an NFT collection, has hit an all-time high, breaking through the $100,000 floor price mark.
Cryptopolitan
Dec 12, 2024
Gold price bulls opt to take some profits off the table amid rising US bond yields
Geopolitical risks, trade war fears and December Fed rate cut bets could support the XAU/USD.
Gold
Fxstreet
Dec 12, 2024
EUR/USD sticks to positive bias around 1.0500 ahead of ECB; not out of the woods yet
The EUR/USD pair edges higher during the Asian session on Thursday and for now, seem to have snapped a four-day losing streak to over a one-week low touched the previous day.
EUR/USD
Fxstreet
Dec 12, 2024
WTI edges higher to near $70.00 on China stimulus, New EU sanctions against Russia
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.95 on Thursday.
Brent
WTI
Fxstreet
Dec 12, 2024
Japanese Yen trims part of its weekly losses against USD; upside potential seems limited
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday, with the USD/JPY pair snapping a three-day winning streak to a two-week high touched the previous day.
USD/JPY
Fxstreet
Dec 12, 2024
Australian Dollar remains stronger after the release of employment data
The Australian Dollar (AUD) halts its two days of losses against the US Dollar (USD) on Thursday. The AUD remains stronger after the release of domestic mixed employment data.
AUD/USD
Fxstreet
Dec 12, 2024
Google launches Gemini 2.0, claims it’s a model for “everything”
Search engine giant Google on Wednesday launched its Gemini 2.0, an experimental model that can use websites on its own and is basically a model “for everything.”
Cryptopolitan
Dec 12, 2024
Goldman Sachs remains cautious on Tesla stock, says valuation 'is full'
While Goldman Sachs (NYSE:GS) maintained a neutral rating on Tesla Inc (NASDAQ:TSLA), the research firm also acknowledged the company's leadership in the clean mobility space, which includes electric vehicles (EVs), energy storage, software, and charging infrastructure.
Investing.com
Dec 12, 2024
EUR/USD trudges lower ahead of ECB rate call
EUR/USD fell for a fourth straight day on Wednesday, shedding one quarter of one percent and easing into the 1.0500 handle as the European Central Bank’s (ECB) latest rate call hangs over Fiber traders.
EUR/USD
Fxstreet
Dec 12, 2024
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