Chevron, Tesla, Seagate Technology, United Rentals and more

Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of … Read more

Asia-Pacific stocks rise as Tokyo’s inflation nears 42-year high

Singapore home prices rose less in the final quarter of 2022 Private residential property prices in Singapore rose by 0.4% in the final quarter of 2022, a release by the Urban Redevelopment Authority showed. The reading showed home prices rose less than the previous period’s increase of 3.8% and the slowest growth since the second … Read more

Asia-Pacific markets, trade data, Bank of Japan

Bank of Japan emphasizes need to keep current monetary policy The Bank of Japan emphasized the need to maintain its current monetary policy, including leaving the yield curve control unchanged, according to the Summary of Opinions from its last meeting published Thursday. “The Bank needs to continue with the current yield curve control, considering the … Read more

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holidays

New Zealand’s Auckland airport passenger volumes hit 74% of pre-pandemic levels in November New Zealand’s Auckland Airport saw its total passenger volumes for November reach 74% of levels seen in the financial year to June 2019, or the last full-year not impacted by the pandemic, according to the airport’s monthly traffic update. International passengers were … Read more

Morgan Stanley, Goldman Sachs, Estee Lauder

My top 10 things to watch Tuesday, Jan. 17, 2023 1. Bond yields are up so the stock market is down. Goldman Sachs (GS), a Dow component, is off more than 2.5% after misses on the top and bottom lines. The Dow Jones Industrial Average, the S & P 500 and the Nasdaq all kept … Read more

Cramer sees bullish signs in the market, just not in the same places

Being negative can be terrific. Staying negative can be lethal. For, almost all of 2022 will be remembered as a year of disappointment and discouragement. Not for the bears. They were occasionally beaten back — but for the most part, they had the run of the joint. Any time you got too excited, too bullish, … Read more

Japan wholesales price, bitcoin, China Covid, US inflation

Japan wholesale prices rise faster than expectations Japan’s producer prices, or wholesale prices, rose 10.2% in December compared with a year ago, according to official date. That was higher than a rise of 9.5% expected by economists polled by Reuters and marked the third consecutive rise in monthly readings. The nation’s producer prices rose 0.5% … Read more