Market mood suddenly turned sour yesterday on news that Apple would slow hiring and cut spending in some businesses due to the recession fears, and Gazprom declared force majeure.
The S&P500 reversed early-session losses and Apple lost more than 2%.
Crude oil kicked off the week on a positive note, as Joe Biden’s visit to Saudi Arabia only served t ... Show More
Feb 2023
Bard’s gaffe costs Google more than $100bn!
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%.
Inside Nasdaq, Google had a particular ... Show More
10m 46s
Jan 2021
Saudi Arabia’s oil cut pledge, Qatar and Saudi Arabia end dispute, businesses tied to rebelling Republicans
<p>Saudi Arabia pledged to cut an extra 1m barrels a day of oil output in February and March, and also has agreed to end its dispute with Qatar. Plus, the FT’s US business editor, Andrew Edgecliffe-Johnson, explains why businesses are making their voices heard when it comes to th ... Show More
10m 18s
Aug 2022
Will oil prices keep falling?
<p>Saudi Arabia has agreed to renew a three billion dollar deposit at Pakistan’s Central Bank, Saudi Aramco reported record profits, and an expected US tax on stock buybacks isn’t expected to have a big impact on earnings. Plus, Mexico’s president wants beer makers in the north t ... Show More
8m 13s
Oct 2022
It's October! Stocks and Oil Surge, Tesla Falls, Credit Suisse On Defense and Kim Kardashian Settles SEC Charges 10/3/22
Carl Quintanilla, Jim Cramer and David Faber explored the market rally kicking off the first trading day of October.
The anchors reacted to the latest calls by equity strategists at Morgan Stanley, Goldman Sachs and Citi. Crude oil and energy stocks jumped on reports OPEC+ countr ... Show More
43m 17s
<p>Co-founder Piers Curran returns to the Friday show to discuss:</p><p><br></p><ul><li>US interest rate expectations - Has the market gone too far, what does an inverted yield curve imply, and why a resilient economy is actually bad news for markets!</li></ul><p><br></p><ul><li> ... Show More