Another 16% increase in the number of confirmed cases
That is roughly a similar percentage increase as yesterday. Meanwhile, the number of deaths has also risen to 253 - up from 198 deaths yesterday.
That is roughly a similar percentage increase as yesterday. Meanwhile, the number of deaths has also risen to 253 - up from 198 deaths yesterday.
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P&C insurers beat revenue estimates by 2.9%, but stocks are down 5.6%. MKL up 7.6% rev, FAF up 21.6% rev, ORI up 9.5% rev.
Abra goes public via SPAC at $750M pre-money valuation, eyeing Nasdaq. Investors bet on crypto growth despite past SEC issues.
MBIN jumps 19.3% on strong earnings beat; OSBC down 9.3% despite revenue growth. Regional banks face mixed outlook.
Goldman Sachs sees oil shock, not supply crisis. Recession odds up to 25%. Asia inflation up, Europe growth down.
ASUR up 15% on strong revenue growth, while PCTY, PAYC, and PAYX see mixed results & stock drops.
Strait of Hormuz war risk insurance premiums surge 200-300%, impacting oil prices & consumer costs.
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