Campbell’s has lowered its yearly sales and profit outlook. The company is also pausing share buybacks. This move prioritizes debt reduction. Weak consumer demand and rising costs are impacting sales. New tariffs are expected to increase expenses further. Campbell’s aims to boost snack sales through promotions.Read More

The International Energy Agency is proposing its largest-ever release of 400 million barrels of oil to combat soaring crude prices. This significant move aims to stabilize the market, exceeding the 182 million barrels released in 2022. The recommendation precedes a G7 leaders’ meeting chaired by France.Read More

Oracle shares surged after a strong revenue forecast eased AI infrastructure spending concerns. The company is rapidly expanding its data centers for AI, funded by significant debt. While investor concerns about financing and execution persist, new AI contracts and Larry Ellison’s comments on AI tools provided some reassurance.Read More

Wall ​Street’s main ​indexes opened mixed on Wednesday as ‌investors ⁠assessed ⁠a ​key inflation report.Read More

U.S. consumer prices rose 0.3% in February, driven by higher gasoline costs amid escalating Middle East conflict and rising oil prices. Economists anticipate further inflation increases in March. Core CPI, excluding food and energy, saw a 0.2% gain, influenced by declining used vehicle prices and slower rent increases.Read More

Legendary trader Jesse Livermore’s wisdom emphasizes aligning with market reality, not just bullish or bearish sentiment. Success hinges on accurately interpreting signals and adapting to dynamic trends, rather than rigidly adhering to a predetermined view. The ‘right side’ is dictated by evidence, demanding flexibility and objective analysis for long-term survival.Read More

Amid a sharp 1,342-point Sensex drop to 76,863, seven BSE 250 Smallcap stocks, including Sapphire Foods, JK Lakshmi Cement, Relaxo, Aegis Logistics, Five-Star Finance, Emami and Jyothy Labs, hit 52-week lows, signaling weakness.Read More

Indian government bonds rose Wednesday as Brent crude stabilized around $90 per barrel, easing inflation concerns. Market participants anticipate support from the Reserve Bank of India’s upcoming open-market purchase, with the benchmark bond yield closing lower. Traders await February inflation data on Thursday.Read More

Global hedge funds’ most crowded long trades ​in February centered on technology ​stocks, data from securities lending provider Hazeltree showed on Wednesday.Read More

Sales of previously occupied U.S. homes picked up in February from the previous month as home shoppers took advantage of easing mortgage rates and a modest increase in properties on the market heading into the spring homebuying season.Read More