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Nvidia (NVDA) Technical Outlook – Further Losses or Short
Nvidia (NVDA) Technical Outlook – Further Losses or Short
Jun 25, 2024
Nvidia (NVDA) Technical Outlook Nvidia back below $3 trillion market capitalization.A technical chart gap may be a sign of further losses to come. Recommended by Nick Cawley Building Confidence in Trading Nvidia has shed nearly 16% of its market value in the last three trading sessions as sellers take control of the world’s largest chipmaker. Nvidia became the world’s largest...
Yen moves in a positive zone away from the 160 barrier
Yen moves in a positive zone away from the 160 barrier
Jun 25, 2024
Yen rose in Asian trade for the second session against the US dollar away from two-month lows, thus moving away from the 160 barrier. The 160 barrier has become a red line for the Bank of Japan, around which itll intervene directly in the forex market to prop up the local currency. The latest recovery is also boosted by a...
Dollar resumes gains ahead of US sentiment data
Dollar resumes gains ahead of US sentiment data
Jun 25, 2024
The US dollar rose in European trade on Tuesday, resuming gains and almost touching seven-week highs ahead of important US data on housing prices and consumer sentiment. The data will reveal important clues on the future path of US interest rates and monetary policy this year. The Price The dollar index rose 0.1% today to 105.59, with a session-low at...
Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Jun 25, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow Jones at one-month high ​The index continues its strong performance, hitting its highest monthly level on Monday.​The 40,000 highs from April and May now loom large, and a close above these will take the price to new record highs. The price established a higher low at the end of...
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North America Construction Outlook as Politics, Policy Rates Test The Sector's Resilience, Says ING; 3rd of 3 Parts
North America Construction Outlook as Politics, Policy Rates Test The Sector's Resilience, Says ING; 3rd of 3 Parts
Apr 23, 2024
11:28 AM EDT, 04/23/2024 (MT Newswires) -- Banking stresses in early 2023, coupled with high interest rates, suggested that highly leveraged US sectors, such as construction and real estate, would struggle. That hasn't been the case, pointed out the bank. Even in the office market, where utilization rates remain down 50% on pre-pandemic levels, activity has held up well, with...
Wolfspeed Options Trading: A Deep Dive into Market Sentiment
Wolfspeed Options Trading: A Deep Dive into Market Sentiment
Apr 23, 2024
Investors with a lot of money to spend have taken a bullish stance on Wolfspeed ( WOLF ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
IBM nearing a buyout deal for cloud software firm HashiCorp, source says
IBM nearing a buyout deal for cloud software firm HashiCorp, source says
Apr 23, 2024
By Arsheeya Bajwa (Reuters) - International Business Machines ( IBM ) is nearing a deal to buy cloud software provider HashiCorp ( HCP ), according to a person familiar with the matter. Hashicorp's ( HCP ) stock surged 24%, giving it a market value of $6.1 billion. A deal for HashiCorp ( HCP ) could be finalised in the coming...
Can Electronic Arts Overcome Gaming Headwinds? What To Expect From Upcoming Q4 Earnings
Can Electronic Arts Overcome Gaming Headwinds? What To Expect From Upcoming Q4 Earnings
Apr 23, 2024
Electronic Arts Inc. ( EA ) is set to report its fiscal fourth-quarter (F4Q) earnings on May 7 after the market closes. With the gaming landscape facing macroeconomic headwinds and specific challenges, EA’s upcoming earnings are approached with moderated expectations. EA Analysts’ Overview: Oppenheimer analysts Martin Yang, CFA, and Andrew Northcutt continue to rate EA as Outperform with a price...
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Market Chatter: Alphabet's Google Facing Privacy Class Action Trial After Judge Rejects Dismissal
Market Chatter: Alphabet's Google Facing Privacy Class Action Trial After Judge Rejects Dismissal
Jan 9, 2025
09:07 AM EST, 01/09/2025 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) must face a privacy class action lawsuit after a federal judge declined to dismiss the action, paving the way for a potential jury trial in August, Reuters reported late Wednesday. The lawsuit alleges that Google ( GOOG ) collected personal data from users' cell phones after they...
Iconiq Growth hires analytics firm Datadog's Amit Agarwal in latest expansion
Iconiq Growth hires analytics firm Datadog's Amit Agarwal in latest expansion
Jan 9, 2025
Jan 9 (Reuters) - Iconiq Growth, the venture arm of investment firm Iconiq Capital, has hired cloud-based analytics firm Datadog's ( DDOG ) President Amit Agarwal as a general partner in the latest expansion of its leadership team, the company told Reuters. Agarwal joins Iconiq after 12 years at Datadog ( DDOG ), a longtime Iconiq portfolio company for Iconiq...
Billionaire Frank McCourt's Project Liberty proposes bid for TikTok's US assets
Billionaire Frank McCourt's Project Liberty proposes bid for TikTok's US assets
Jan 9, 2025
(Reuters) - Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.S. assets. The move comes ahead of a Jan. 19 deadline by which ByteDance has to sell the platform or face a ban...
Summit Materials' Acquisition by Quikrete Clears Canada's Competition Act Waiting Period
Summit Materials' Acquisition by Quikrete Clears Canada's Competition Act Waiting Period
Jan 9, 2025
09:05 AM EST, 01/09/2025 (MT Newswires) -- Summit Materials ( SUM ) said Thursday that the waiting period under Canada's Competition Act for its proposed acquisition by Quikrete Holdings has expired. Summit said the merger is expected to close in Q1, after which it will become a privately held subsidiary of Quikrete and its common stock will cease trading on...
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