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Dollar under pressure ahead of Fed remarks
Dollar under pressure ahead of Fed remarks
May 20, 2024
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and heading for five-week lows as US treasury yields fell as well. Recent weak inflation data from the US bolstered the case for at least two Fed rate cuts this year. To reassess these odds, investors are waiting for important speeches by Fed officials...
FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs
FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs
May 20, 2024
Major Indices Roundup: FTSE 100 stretches out ahead of prominent BoE speechesDAX hints at shorter-term downside pressureSP 500 eases but remains at elevated levels - Nvidia reports earnings on WednesdayIndices currently evolve as trending markets but comes a point when this may change. Discover the different market conditions and how to effectively approach them: Recommended by Axel Rudolph Recommended by...
Nvidia's Q1 Earnings: Record Results Driven by AI Chip Dominance?
Nvidia's Q1 Earnings: Record Results Driven by AI Chip Dominance?
May 21, 2024
Nvidia's financial results: a preview NVIDIA is set to release its Q1 FY25 financial results on May 22, 2024, with expectations of delivering another record revenue and margin. In the previous earnings season, Nvidia stocks surged by nearly 10% on the earnings date. Will the forthcoming report help NVIDIA’s stock price mark another all-time high or even reach a four-digit...
British Pound Holds Near Two
British Pound Holds Near Two
May 21, 2024
UK Inflation, GBP/USD Analysed GBP/USD is currently trending but market conditions change over time. Discover the main market conditions and how to approach them from a trader's perspective: Recommended by David Cottle Recommended by David Cottle Master The Three Market Conditions s The British Pound held on near two-month highs against the United States Dollar on Tuesday ahead of important...
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Sector Update: Health Care
Sector Update: Health Care
Oct 2, 2024
08:57 AM EDT, 09/27/2024 (MT Newswires) -- Health care stocks were mixed premarket Friday as the Health Care Select Sector SPDR Fund (XLV) was flat and the iShares Biotechnology ETF (IBB) recently advanced by 0.5%. Bristol-Myers Squibb ( BMY ) shares were up almost 4% after the company said the US Food and Drug Administration has approved its oral medication...
Sector Update: Financial Stocks Advance Pre-Bell Friday
Sector Update: Financial Stocks Advance Pre-Bell Friday
Oct 2, 2024
09:12 AM EDT, 09/27/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Friday with the Financial Select Sector SPDR Fund ( XLF ) 0.3% higher recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.7% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% lower. Prudential (PUK) shares were up...
TREASURIES-US yields fall after moderating inflation data
TREASURIES-US yields fall after moderating inflation data
Oct 2, 2024
NEW YORK, Sept 27 (Reuters) - U.S. Treasury yields extended their decline on Friday after data showed inflation in the world's largest economy continued to ease, boosting the chances of an outsized interest rate cut at the November meeting. The benchmark 10-year yield fell 2.9 basis points (bps) to 3.76%, while the two-year yield slid 2.9 bps to 3.596%. Data...
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Friday; BlackBerry, Super Micro Computer to Decline
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Friday; BlackBerry, Super Micro Computer to Decline
Oct 2, 2024
06:56 AM EDT, 09/27/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Friday's opening bell. Tesla (TSLA) advanced by 0.7% in pre-bell hours, swinnging from a 1.1% decline at Thursday's close. Alibaba Group Holding ( BABA ) was up 1% premarket, following a 10.1% increase from the previous session. AST SpaceMobile (...
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AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
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Credo Technology Group Holding Insider Sold Shares Worth $660,450, According to a Recent SEC Filing
Credo Technology Group Holding Insider Sold Shares Worth $660,450, According to a Recent SEC Filing
Apr 8, 2024
04:22 PM EDT, 04/08/2024 (MT Newswires) -- William Joseph Brennan, Director, President & Chief Executive Officer, on April 04, 2024, sold 30,000 shares in Credo Technology Group Holding ( CRDO ) for $660,450. Following the Form 4 filing with the SEC, Brennan has control over a total of 3,007,500 shares of the company, with 3,007,500 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1807794/000162828024015255/xslF345X03/wk-form4_1712607468.xml...
Microstrategy Insider Sold Shares Worth $1,140,350, According to a Recent SEC Filing
Microstrategy Insider Sold Shares Worth $1,140,350, According to a Recent SEC Filing
Apr 8, 2024
04:17 PM EDT, 04/08/2024 (MT Newswires) -- Michael J Saylor, 10% Owner, Director, Executive Chairman, on April 05, 2024, sold 688 shares in Microstrategy ( MSTR ) for $1,140,350. SEC Filing: https://www.sec.gov/Archives/edgar/data/1050446/000095017024042603/xslF345X03/ownership.xml Price: 1510, Change: -2.99, Percent Change: -0.2 ...
What's Going On With Affirm Holdings Stock?
What's Going On With Affirm Holdings Stock?
Apr 8, 2024
Affirm Holdings, Inc. ( AFRM ) shares closed higher Monday, though the stock remains down by nearly 12% over the past month. What To Know: Needham analyst Kyle Peterson initiated coverage on Affirm Holdings ( AFRM ) with a Hold rating last week, and the analyst highlighted Affirm as a long-term winner in the buy-now pay-later space. However, he noted...
Harley-Davidson Ratifies New Agreements With Unions at Wisconsin Facilities
Harley-Davidson Ratifies New Agreements With Unions at Wisconsin Facilities
Apr 8, 2024
04:21 PM EDT, 04/08/2024 (MT Newswires) -- Harley-Davidson ( HOG ) said Monday that it ratified new collective bargaining agreements with three employee unions at its Wisconsin manufacturing facilities. The unions include the United Steelworkers Local 2-209, the International Association of Machinists and Aerospace Workers Lodge 78 at the Menomonee Falls facility. The third union, United Steelworkers Local 460, represents...
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