- Dallas Fed Texas service sector revenue index -3.6 vs +4.0 prior
- Prior service sector revenue index was -3.6
- General business outlook -9.3 vs -8.8 prior
This is a low key indicator but there's some softening there.
This is a low key indicator but there's some softening there.
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Japan core CPI moderates in February
Pharma Q4 mixed: revenues missed by 7.7%, stocks down 7.2%. CORT misses estimates, LLY beats but drops 9.2%. RPRX up 2.9% despite miss.
XOM hits all-time high, up 34% YTD. Valuation at 21x forward P/E, but analysts see ~8% downside risk.
Kalshi eyes $22B valuation, up from $11B, as rivals Polymarket seek $20B. New VC fund 5(c) Capital raises $35M.
Deutsche Bank now expects the ECB to hike rates to 2.5% in 2026, citing energy-driven inflation above 3%. Two hikes are seen in June and September, though the outlook remains highly dependent on oil prices and geopolitical developments.
CCL down 13.6% despite revenue beat; VIK up 27.8% revenue, down 7.3% stock. HGV misses estimates, down 17.2%.
BNZ’s Breman flags near-term inflation rise, warns on second-round risks Neutral-to-hawkish.
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