Yasin Ebrahim
Yasin Ebrahim
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Powell revives hike fears, says Fed not confident rates sufficiently restrictive By Investing.com

Powell revives hike fears, says Fed not confident rates sufficiently restrictive By Investing.com

AuthorYasin EbrahimEconomy63Investing.com -- Federal Reserve Chairman Jerome Powell said Thursday the Fed wasn't confident yet they had reached a sufficiently restrictive level on monetary policy to bring inflation down to target, suggesting further rate hikes cannot be ruled out.   "The Federal Open Market Committee (FOMC) is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2 percent over time; we are not confident that we have achieved such a stance," Powell said in opening remarks Thursday during a policy panel...

November 9, 2023
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Stock Market Today: Dow ends lower after Powell signals rate hikes remain in play By Investing.com

Stock Market Today: Dow ends lower after Powell signals rate hikes remain in play By Investing.com

AuthorYasin EbrahimStock Markets83 US500+0.27%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDJI+0.23%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDIS-1.32%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseLLY+0.22%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseGILD+0.55%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseWYNN-9.23%Add to WatchlistAdd PositionPosition...

November 8, 2023
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Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains By Investing.com

Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains By Investing.com

AuthorYasin EbrahimStock Markets38 US500+0.18%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDJI+0.10%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDIS-1.23%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseWYNN+2.57%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseIXIC+0.30%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDHI-0.96%Add to WatchlistAdd PositionPosition...

November 6, 2023
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Apple falls as soft holiday quarter outlook outweighs earnings beat; brokerages lower numbers By Investing.com

Apple falls as soft holiday quarter outlook outweighs earnings beat; brokerages lower numbers By Investing.com

AuthorYasin EbrahimEditorHari GStock Markets21 AAPL-1.42%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Apple Inc. (NASDAQ:) reported fiscal fourth quarter results that topped Wall Street estimates as better-than-expected services revenue boosted results.While Apple was down modestly in after-hours trading on Thursday, losses accelerated after Apple's CFO Luca Maestri issued a soft sales outlook for the holiday quarter on the earnings call.Apple stock was down 3.3% at 05:45 EDT (09:45 GMT).The company earnings per share of...

November 2, 2023
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AMD Q3 results top estimates, but revenue guidance falls short By Investing.com

AMD Q3 results top estimates, but revenue guidance falls short By Investing.com

AuthorYasin EbrahimStock Markets3 AMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com – Advanced Micro Devices reported Tuesday better-than-expected third-quarter results, but the chipmaker also delivered softer current-quarter guidance as slowing sales in its gaming sector and softer demand in embedded markets are expected to weigh. Advanced Micro Devices (NASDAQ:) shares fell more than 4% in after-hours trade following the report.AMD  adjusted EPS $0.70 on revenue of $5.80 billion. Analysts polled by...

October 31, 2023
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