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IEA Revises Oil Demand Outlook, Tweaks Supply Estimates – Oil Rises
IEA Revises Oil Demand Outlook, Tweaks Supply Estimates – Oil Rises
Mar 14, 2024
Oil (Brent, WTI) Analysis IEA projects improved oil outlook for 2024, contingent upon OPEC+ cuts into year endBrent crude oil surpasses $85 a barrelWTI crude oil breaks above prior level of resistance to trade at a 3-month highThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education...
British Pound Outlook & Market Sentiment – GBP/USD, GBP/JPY, EUR/GBP
British Pound Outlook & Market Sentiment – GBP/USD, GBP/JPY, EUR/GBP
Mar 14, 2024
BRITISH POUND FORECAST – GBP/USD, GBP/JPY, EUR/GBP Retail positioning on GBP/USD continues to lean on the bearish sideIG data also reveals a surprising dose of pessimism around GBP/JPYMeanwhile, nearly 70% of retail traders are net-long on EUR/GBPMost Read: Gold Price Coils Further, Silver Hits a Multi-Week High While most traders follow the herd, contrarian sentiment indicators offer a path less...
EUR/USD IG Client Sentiment: Our data shows traders are now net
EUR/USD IG Client Sentiment: Our data shows traders are now net
Mar 14, 2024
Number of traders net-short has decreased by 17.40% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 51.50% 48.50% 25.63% Daily27.10% Weekly -25.93% Daily-17.40% Weekly -6.08% Daily0.77% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 26% -26% -6% Weekly 27% -17% 1%...
GBP/USD IG Client Sentiment: Our data shows traders are now net
GBP/USD IG Client Sentiment: Our data shows traders are now net
Mar 14, 2024
Number of traders net-short has decreased by 24.98% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI GBP/USD BEARISH 50.21% 49.79% 11.27% Daily48.36% Weekly -16.13% Daily-24.98% Weekly -4.29% Daily-0.21% Weekly GBP/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% -16% -4% Weekly 48% -25% 0%...
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Chinese hackers exploited bug to compromise internet companies, cybersecurity firm says
Chinese hackers exploited bug to compromise internet companies, cybersecurity firm says
Aug 27, 2024
WASHINGTON (Reuters) -A Chinese hacking group exploited a software bug to compromise several internet companies in the U.S. and abroad, a cybersecurity firm said on Tuesday. Researchers at the firm, Lumen Technologies ( LUMN ), said in a blog post that the hackers took advantage of a previously unknown vulnerability in Versa Director - a software platform used to manage...
Inquiry Into Super Micro Computer's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Inquiry Into Super Micro Computer's Competitor Dynamics In Technology Hardware, Storage & Peripherals Industry
Aug 26, 2024
In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for investors and industry followers. In this article, we will carry out an in-depth industry comparison, assessing Super Micro Computer ( SMCI ) alongside its primary competitors in the Technology Hardware, Storage & Peripherals industry. By meticulously examining key financial metrics, market positioning,...
Evaluating Autodesk: Insights From 14 Financial Analysts
Evaluating Autodesk: Insights From 14 Financial Analysts
Aug 26, 2024
Analysts' ratings for Autodesk ( ADSK ) over the last quarter vary from bullish to bearish, as provided by 14 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 6 6 0 0 Last 30D...
Trintech's owners explore $2 billion sale of financial software maker, sources say
Trintech's owners explore $2 billion sale of financial software maker, sources say
Aug 26, 2024
Aug 26 (Reuters) - Private equity firms Summit Partners and Vista Equity Partners are exploring a potential sale of Trintech that could value the financial software provider at about $2 billion, including debt, according to people familiar with the matter. Trintech's owners are working with investment bankers at Deutsche Bank on a sale process that could attract interest from other...
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--Street Color: L3Harris Technologies to Reportedly Eliminate 5% of Workforce in 2024
--Street Color: L3Harris Technologies to Reportedly Eliminate 5% of Workforce in 2024
Apr 23, 2024
03:10 PM EDT, 04/23/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 208.32, Change: +0.18, Percent...
US Supreme Court leans toward Starbucks in the case of pro-union workers
US Supreme Court leans toward Starbucks in the case of pro-union workers
Apr 23, 2024
WASHINGTON, April 23 (Reuters) - U.S. Supreme Court justices on Tuesday signaled support for Starbucks ( SBUX ) in the coffee chain's challenge to a judicial order requiring it to rehire seven employees at a Memphis cafe who were fired as they pursued unionization. The justices heard arguments in the Seattle-based company's appeal of a lower court's approval of an...
Microsoft Launches Lightweight Generative AI Models
Microsoft Launches Lightweight Generative AI Models
Apr 23, 2024
03:12 PM EDT, 04/23/2024 (MT Newswires) -- Microsoft ( MSFT ) said Tuesday it has launched an artificial intelligence model that can be trained on smaller amounts of data. The Phi-3-mini, a so-called small language model, was made available on Hugging Face and Ollama and does not require as much computing resource as its large language model counterparts, according to...
Starbucks Faces Near-Term Pressures, But Long-Term Outlook Remains Positive, UBS Says
Starbucks Faces Near-Term Pressures, But Long-Term Outlook Remains Positive, UBS Says
Apr 23, 2024
03:08 PM EDT, 04/23/2024 (MT Newswires) -- Starbucks' ( SBUX ) 2024 outlook will likely be affected by near-term pressures, but it remains well-positioned in the long term due to strong customer brand affinity and an attractive growth profile, UBS said in a note emailed Tuesday. Challenges in the US stem from protests related to Middle East conflict and pressure...
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