Micron rises 6% as results, forecast easily top expectations; Citi sees more upside

Micron rises 6% as results, forecast easily top expectations; Citi sees more upside By Investing.com – Canada Boosts

© Reuters Micron (MU) rises as outcomes, forecast simply prime expectations (Up to date – December 21, 2023 5:10 AM EST) Micron (MU) inventory was up 6% in pre-market Thursday after the chipmaker reported outcomes for the primary quarter that beat the common analyst estimate. Micron mentioned its gross sales rose 16% year-over-year to $4.73…

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Tesla China sees 18% increase in new vehicle registrations

Tesla China sees 18% increase in new vehicle registrations By Investing.com – Canada Boosts

© Reuters. Tesla (TSLA) China sees 18% enhance in new car registrations In response to trade watchers, Tesla (NASDAQ:) China noticed over 18,000 new car insurance coverage registrations final week. The spectacular 18.83% enhance over the earlier week’s whole means that the electrical automaker could also be focusing extra sources on the area’s home market….

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Capital Economics sees a $480 billion wipeout in commercial real estate values next year

Capital Economics sees a $480 billion wipeout in commercial real estate values next year – Canada Boosts

Extra bother awaits the industrial actual property market subsequent 12 months, and it comes all the way down to weak progress and excessive rates of interest that can push property values down even additional, in accordance with a brand new report.  Business actual property property values will fall one other 10% subsequent 12 months, after…

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French central bank sees recovery only in 2025

French central bank sees recovery only in 2025 By Reuters – Canada Boosts

© Reuters. A person works at a contruction web site for brand new residential house buildings in Les Sorinieres close to Nantes, France, November 14, 2023. REUTERS/Stephane Mahe/file photograph PARIS (Reuters) – French financial exercise will solely choose up in 2025 as decrease inflation boosts customers’ buying energy, falling in need of the federal government’s…

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Core Inflation Proves Less Sticky in Canada | Closely watched measures of underlying price pressures ease

Tiff Macklem sees Bank of Canada cutting interest rates in 2024 – Canada Boosts

Article content material Policymakers have to see “not one or two months” however “a number of months” of deceleration in underlying inflation earlier than contemplating chopping charges, Macklem mentioned. Article content material It’s the clearest assertion the governor has made so far concerning the potential timeline for the Financial institution of Canada to begin easing…

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US sees no impact on Vietnam ties from Hanoi-Beijing defence pledges

US sees no impact on Vietnam ties from Hanoi-Beijing defence pledges By Reuters – Canada Boosts

© Reuters. FILE PHOTO: U.S. President Joe Biden meets with Vietnam’s President Vo Van Thuong on the Presidential Palace in Hanoi, Vietnam, September 11, 2023. REUTERS/Evelyn Hockstein/FILE PHOTO By Francesco Guarascio HANOI (Reuters) – America will proceed to intently cooperate with Vietnam, a U.S. official stated after Hanoi introduced final week strengthened ties with China,…

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Exclusive-Fed's Bostic sees two rate cuts in 2024, likely starting in third quarter

Exclusive-Fed’s Bostic sees two rate cuts in 2024, likely starting in third quarter By Reuters – Canada Boosts

© Reuters. FILE PHOTO: The Federal Reserve constructing is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photograph By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve can start decreasing rates of interest “sometime in the third quarter” of 2024 if inflation falls as anticipated, Atlanta Fed President Raphael Bostic stated on Friday, pushing…

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Congressional Budget Office projection sees higher uneployment, inflation just over 2% next year

Congressional Budget Office projection sees higher uneployment, inflation just over 2% next year – Canada Boosts

The Congressional Finances Workplace mentioned Friday it expects inflation to almost hit the Federal Reserve’s 2% goal fee in 2024, as total development is predicted to sluggish and unemployment is predicted to rise into 2025, in keeping with up to date financial projections for the following two years. The workplace’s Present View of the Financial…

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Bank of Italy cuts 2024 GDP forecast to 0.6%, sees inflation below 2%

Bank of Italy cuts 2024 GDP forecast to 0.6%, sees inflation below 2% By Reuters – Canada Boosts

© Reuters. FILE PHOTO: A employee at a fruit stall at Campo de’ Fiori market fills a bag with oranges because the unfold of the coronavirus illness (COVID-19) continues, in Rome, Italy January 22, 2021. REUTERS/Guglielmo Mangiapane/File Picture ROME (Reuters) – The Italian economic system will develop by simply 0.6% subsequent 12 months, the nation’s…

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White House sees precise targeting of Hamas leaders in next phase of Gaza war

White House sees precise targeting of Hamas leaders in next phase of Gaza war By Reuters – Canada Boosts

© Reuters. U.S. Nationwide Safety Advisor Jake Sullivan speaks throughout a press briefing, amid the continued battle between Israel and the Palestinian Islamist group Hamas, in Tel Aviv, Israel, December 15, 2023. REUTERS/Violeta Santos Moura JERUSALEM (Reuters) – The conflict in Gaza will transition to a brand new section targeted on exact concentrating on of…

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OECD sees long-term growth prospects almost halving in major economies

OECD sees long-term growth prospects almost halving in major economies By Reuters – Canada Boosts

© Reuters. By Leigh Thomas PARIS (Reuters) – Development is projected to nearly halve in developed and large rising market economies within the coming a long time, requiring greater taxes to maintain debt from rocketing, the OECD forecast on Thursday in an replace of its long-term financial projections. Whereas dashing up the swap to cleaner…

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Fed keeps rates steady, but sees more rate cuts for 2024

Fed keeps rates steady, but sees more rate cuts for 2024 By Investing.com – Canada Boosts

© Reuters By Yasin Ebrahim Investing.com — The Federal Reserve saved charges regular on Wednesday for the third-straight assembly, and signaled that its rate-hike cycle had ended, with additional fee cuts now forecast for subsequent 12 months as inflation is predicted to return to focus on sooner than anticipated.  The Federal Open Market Committee, the…

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Earnings call: Oracle sees robust cloud growth, plans 100 new data centers

Oracle sees robust cloud growth, plans 100 new data centers By Investing.com – Canada Boosts

© Reuters. Oracle Company (NYSE: NYSE:) has exhibited a robust efficiency in its second quarter of fiscal 12 months 2024, primarily pushed by its cloud companies and license assist segments. This sturdy progress is underscored by a $1 billion enhance within the quarter for these segments, which now account for 74% of Oracle’s complete income….

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Goldman Sachs digital assets chief sees 'huge appetite' for blockchain assets

Goldman Sachs digital assets chief sees ‘huge appetite’ for blockchain assets By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Individuals stroll within the Goldman Sachs international headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photograph By Elizabeth Howcroft LONDON (Reuters) – Goldman Sachs expects a “significant uptick” in buying and selling volumes of blockchain-based belongings throughout the subsequent one or two years, the financial institution’s international head…

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