11 February

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Wall Street Edges Higher at Open After Jobless Claims; Dow up 35 Points By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets edged to new record highs on Thursday on continued momentum generated by macroeconomic policy, as the spike in pot stocks appeared to go the same way as the one in GameStop (NYSE:GME) and other struggling icons of the 1990s. By 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was up 35 points, or 0.1%,...

11 February

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Ireland calls for calm as EU rebuffs British Brexit demands By Reuters

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By Conor Humphries and Jan Strupczewski DUBLIN/BRUSSELS (Reuters) - Ireland on Thursday called on the European Union and Britain to dial down the rhetoric in a blame game over post-Brexit trade frictions after Brussels rejected most of London's demands for easier trade with Northern Ireland. Britain has sought to extract concessions from the...

11 February

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Global regulators back plan for climate risk disclosures body By Reuters

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By Huw Jones LONDON (Reuters) - Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate risks and sustainability, saying it would cut the scope for so-called greenwashing. The current patchwork of voluntary public and private initiatives for disclosures have at times given misleading and inconsistent information to investors, said Ashley Alder,...

11 February

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Pot Stocks Flash Back to 2018 Surge as Record Gains Continue By Bloomberg

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(Bloomberg) -- Pot stocks extended their record-setting rally to a fourth day Thursday as Reddit-inspired traders continued to pump up the sector to multiyear highs. Sundial Growers (NASDAQ:SNDL) Inc. led the pack, surging 49% premarket to add to its 161% gain over the first three trading days of the week. FSD Pharma Inc. rose 21%, Organigram Holdings Inc. added 25%, Aurora Cannabis (NYSE:ACB)...

11 February

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Uber Falls Premarket; Pinterest and Zilow Rise By Investing.com

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By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, February 11th. Please refresh for updates. Uber (NYSE:UBER) stock fell 1.9% despite the company posting a narrower loss as its ride-hail and delivery businesses rebounded slightly from pandemic lows. It added it was well on track to reach its goal of achieving an adjusted profit by year-end. However,...

11 February

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OPEC again cuts 2021 oil demand view, sees H2 pickup By Reuters

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By Alex Lawler LONDON (Reuters) - World oil demand in 2021 will rebound more slowly than previously thought, OPEC said on Thursday, adding to a series of downgrades as the impact of the pandemic lingers. Demand will rise by 5.79 million barrels per day (bpd) this year to 96.05 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly...

11 February

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Powell Stays Dovish, Biden/Xi, Oil Reports, Uber Misses – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Jerome Powell's keynote speech supports Treasuries and stocks and keeps a lid on the dollar. The U.S. and Chinese presidents have their first phone call, while OPEC and the IEA release their monthly updates on the world oil market. Here's what you need to know in financial markets on Thursday, February 11th. 1. Powell Speech Treasury bond...

11 February

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Kraft Heinz Earnings, Revenue beat in Q4 By Investing.com

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Kraft Heinz (NASDAQ:KHC) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Kraft Heinz announced earnings per share of $0.8 on revenue of $6.94B. Analysts polled by Investing.com anticipated EPS of $0.734 on revenue of $6.82B. Kraft Heinz shares are down 2% from the beginning of the year and are trading at $33.89...

11 February

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Turkish Bourse to Fund Small-Cap Research as Retail Traders Grow By Bloomberg

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(Bloomberg) -- The Istanbul stock exchange will provide as much as $9,900 of financial support to brokerages for analyst coverage on smaller listed companies in a bid to boost financial literacy among the burgeoning ranks of Turkish retail investors. Borsa Istanbul will reduce brokerages’ monthly membership fees by 10,000 liras ($1,420) for each report...

11 February

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More than 40% of Britons in poor health or struggling financially amid pandemic, says UK regulator By Reuters

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By Huw Jones LONDON (Reuters) - More than 40 percent of Britons are struggling financially or suffering poor health, a sharp increase from last year driven by the COVID-19 pandemic, Britain's Financial Conduct Authority said on Thursday. The FCA said there are now 27.7 million adults in Britain affected by low financial resilience,...

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Wall Street Edges Higher at Open After Jobless Claims; Dow up 35 Points By Investing.com

Ireland calls for calm as EU rebuffs British Brexit demands By Reuters

Global regulators back plan for climate risk disclosures body By Reuters

Pot Stocks Flash Back to 2018 Surge as Record Gains Continue By Bloomberg

Uber Falls Premarket; Pinterest and Zilow Rise By Investing.com

OPEC again cuts 2021 oil demand view, sees H2 pickup By Reuters

Powell Stays Dovish, Biden/Xi, Oil Reports, Uber Misses – What’s up in Markets By Investing.com

Kraft Heinz Earnings, Revenue beat in Q4 By Investing.com

Turkish Bourse to Fund Small-Cap Research as Retail Traders Grow By Bloomberg

More than 40% of Britons in poor health or struggling financially amid pandemic, says UK regulator By Reuters

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