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06/08/2026
Ecuador claims to have restored its electricity interconnection with Colombia.
Latest
5 m ago
Bitcoin has surpassed $65,000, rising 1.41% within the day.
11 m ago
Fed Governor Cook reiterated her position: if inflation does not slow down, she is prepared to raise interest rates and warned that policymakers may not have the luxury of waiting for inflation to return to the 2% target. Although Cook supported the Fed's decision to maintain interest rates at its July policy meeting, she cautioned that the longer inflation remains above the Fed's target, the harder it will be to contain it. During a speech at an event in Alaska, she stated, "If I do not see signs of sustained inflation decline soon, I am ready to take action. With inflation having been above the target for five consecutive years, the risk that inflation becomes entrenched in pricing and wage-setting behavior is rising, leading to persistent inflation that will be harder for us to address." However, Cook noted that the diminishing impacts of tariffs, the potential decline in oil prices, and the easing pressures related to the AI boom could cushion inflation, possibly eliminating the need for tightening policies. She emphasized that her top priority remains bringing inflation back to the Fed's target level.
16 m ago
SanDisk (SNDK.O) reported revenue of $8.96 billion for Q4 of fiscal year 2026, exceeding market expectations of $8.394 billion, compared to $1.901 billion in the same period last year.
16 m ago
Western Digital expects its revenue for the first quarter of fiscal year 2027 to be between $10.3 billion and $10.8 billion, with market expectations at $10.8 billion.
16 m ago
SanDisk (SNDK.O) expects first-quarter revenue for fiscal year 2027 to be between $10.3 billion and $10.8 billion, while the market expectation is $10.8 billion.
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