demand
Investing.com– Gold prices rose in Asian trade on Thursday as heightened tensions between Russia and Ukraine underpinned safe haven demand, helping bullion weather strength in the dollar. Gold rose for a fourth consecutive session, extending a rebound from over two-month lows. But the yellow metal’s pace of gains now appeared…
By Max A. Cherney, Arsheeya Bajwa (Reuters) -Nvidia forecast fourth-quarter revenue slightly above estimates on Wednesday, but still failed to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell roughly 1% in extended trading.They had closed…
By Alex Lawler, Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more,…
Investing.com — The U.S. market is poised to enter a new cycle of demand growth, with major drivers being rising liquefied natural gas exports and increased electricity consumption, according to analysts at Morgan Stanley (NYSE:). Despite challenges such as elevated inventories and production constraints, the long-term outlook for the market…
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains, weighed down by worries of higher global production amid slow demand growth, with a firmer dollar exacerbating the declines. futures fell 35 cents, or 0.5%, to $71.93 a…
Investing.com– Oil prices drifted lower in Asian trade on Thursday following middling industry data on U.S. inventories, while markets sought more cues on demand from China and the International Energy Agency. Prices rebounded slightly on Wednesday, but were nursing losses this week after the OPEC trimmed its demand forecast for…
Investing.com– Oil prices moved little in Asian trade on Wednesday, hovering around two-week lows after the OPEC cut its demand outlook again, while focus remained on more stimulus measures in China. Markets also turned skittish over the U.S. economy, ahead of key consumer inflation data due later in the day,…
Investing.com — Bath & Body Works Inc. (NYSE:) shares slipped over 3% in pre-market trading on Friday, following a downgrade from Barclays (LON:), revising its rating on the stock to “underweight” from “equal weight.” This reflects concerns about the retailer’s 2025 outlook, citing risks tied to both waning consumer demand…
Nissan (OTC:) Motor stock slumped 6% in Tokyo trading Friday, a day after the company said it would cut 9,000 jobs and reduce its global manufacturing capacity by 20%, aiming to slash costs by $2.6 billion this fiscal year as it faces sluggish sales in key markets like China and…
By Daniel Leussink TOKYO (Reuters) – Toyota Motor (NYSE:) is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer shift away from electric vehicles. The world’s largest automaker is…
