- Need to be convinced that inflation heading back to target before rates can be cut
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Barrick Mining surges 9% on strong earnings, beating estimates with higher gold prices and volume.
JPMorgan warns global oil supply disruptions of 13.7 million bpd in April could push Brent to $150 and lift US inflation to 4%, with the Fed on hold well into 2027.
WEBTOON's Q1 revenue met estimates but declined YoY. Guidance missed, but Adj. EBITDA beat. Stock fell 9.7%.
USPS hikes parcel prices up to 4.8% July 12. Hazardous materials shipping sees new fees. Expect higher costs.
ABBV dips 11% as ORKA's drug shows higher efficacy. ABBV's $17.6B Skyrizi faces new competition risk.
Tech stocks rally, but oil's 4% surge sparks inflation fears. Fed rate cuts delayed?
S&P hits 7,400+! But Iran tensions may cap gains. Watch oil prices and geopolitical risks.
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