 | | | | Visa Inc beat Wall Street estimates on Thursday as improving consumer sentiment and holiday shopping, along with an uptick in travel, drove spending volumes. | | | | | | Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates as it benefited from high iPhone demand in China and withstanding supply chain constraints and Omicron variant disruptions. | | | | | | Lebanon's Finance Minister Youssef Khalil said on Thursday the 2022 budget is "an emergency budget" so that the country stays intact. | | | | | | Wall Street gyrated wildly on Thursday, the S&P 500 once again narrowly avoiding correction confirmation at the end of a session marked by a rally, selloff and recovery as investors juggled positive economic news with mixed corporate earnings, geopolitical unrest and the prospect of a more hawkish Federal Reserve. | | | | | | Mondelez International Inc topped Wall Street estimates for quarterly revenue on Thursday, as the Oreo cookie maker benefited from higher prices and strong demand for its chocolates and biscuits in emerging markets. | | | | | | Commission-free brokerage Robinhood Markets Inc edged past analysts' estimates for quarterly revenue on Thursday as strong crypto trading boosted transaction volumes at the online brokerage, and it posted a net loss for the period. | | | | | | Southwest Airlines Co on Thursday reported its first quarterly profit in two years, but warned of a loss in the current quarter through March as the Omicron coronavirus variant depresses revenue and drives up costs. | | | | | | A huge U.S. fiscal deficit from the first two years of COVID-19 spending should decline rapidly to near pre-pandemic levels, largely due to a rebound in economic growth, analysts at Morgan Stanley said on Thursday. | | | | | | The Bank of Canada's decision to delay a rate hike for five more weeks will add fuel to Canada's scorching housing market as buyers scramble to clinch deals before borrowing costs rise, realtors said. | | | | | | Oil prices fell on Thursday after Brent crude hit a seven-year high above $90 a barrel, as the market balanced concerns about tight worldwide supply with expectations the U.S. Federal Reserve will soon tighten monetary policy. | | | | | |
