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EUR/USD Underpinned by Better
EUR/USD Underpinned by Better
Aug 22, 2024
EUR/USD Underpinned by Better-Than-Expected Euro Area PMIs, Weak US Dollar Euro Area composite PMI beats expectations but caution neededGerman manufacturing woes continueCan Powell support an ailing US dollar?Economic activity in the Euro Area picked up in August, according to the latest HCOB PMIs, but a closer look at the numbers ‘reveals that the underlying fundamentals might be shakier than they...
Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Aug 20, 2024
Gold, Silver Technical Analysis Gold surges to new all-time high on rate cut hopes, geopolitical uncertaintySilver maintains bullish advance to break above key trendlineThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free Gold Forecast Gold Surges to New...
Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next
Strong Yen Weighed on Japan’s Trade Balance in July, Fed Speakers up Next
Aug 21, 2024
Japanese Yen (USD/JPY) Analysis Japan’s July trade balance likely impacted by a significantly stronger yenEconomists and market participants expect another rate hike this yearUSD/JPY bearish continuation may receive a helping hand from the Fed Recommended by Richard Snow Get Your Free JPY Forecast Japan’s July Trade Balance Likely Impacted by a Significantly Stronger Yen Japan’s trade balance in July was...
Oil
Oil
Aug 21, 2024
Number of traders net-short has decreased by 37.81% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Oil - US Crude BEARISH 90.57% 9.43% 10.31% Daily37.15% Weekly -18.99% Daily-37.81% Weekly 6.67% Daily23.15% Weekly Oil - US Crude Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 10%...
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Nvidia Earnings Fuel Investor Optimism, Driving Premarket Gains for US Equity Futures
Nvidia Earnings Fuel Investor Optimism, Driving Premarket Gains for US Equity Futures
May 23, 2024
08:50 AM EDT, 05/23/2024 (MT Newswires) -- US equity futures were set for an upbeat open on Wall Street Thursday, buoyed by a jump in Nvidia ( NVDA ) shares following the company's latest quarterly results. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.7%, and Nasdaq futures were up 1.2%. Oil prices were higher, with front-month...
Sector Update: Tech
Sector Update: Tech
May 23, 2024
08:55 AM EDT, 05/23/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 5.1% higher recently. Nvidia ( NVDA ) was up 7% after the company reported higher fiscal Q1 earnings and sales which also topped market expectations. ...
$1.5M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying
$1.5M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying
May 23, 2024
The Dow Jones index closed lower by over 200 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny...
Blowout Nvidia Earnings Lift US Equity Futures Pre-Bell
Blowout Nvidia Earnings Lift US Equity Futures Pre-Bell
May 23, 2024
08:17 AM EDT, 05/23/2024 (MT Newswires) -- US equity futures were higher Thursday premarket, buoyed by a jump in Nvidia ( NVDA ) shares following the company's latest quarterly results. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures rose 0.7%, and Nasdaq futures were up 1.1%. Accelerated computing company Nvidia ( NVDA ) reported stronger-than-expected Q1 results and...
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Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
Apr 24, 2024
April 24 (Reuters) - Tyler Technologies ( TYL ) beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towards digital solutions. The increase in enterprises and government agencies digitizing their operations and moving data from on-premises to the cloud is helping IT-related service companies like Tyler....
XPeng CEO says its software, AI upgrades to enter 'super fast cycle'
XPeng CEO says its software, AI upgrades to enter 'super fast cycle'
Apr 24, 2024
BEIJING (Reuters) - Chinese electric vehicle (EV) maker XPeng ( XPEV ) on Thursday said its software and artificial intelligence training upgrades will enter a super fast cycle from May, and that it hopes use of its platform will expand to other Asian countries and Europe. He Xiaopeng, founder and CEO of the automaker backed by Germany's Volkswagen, said software...
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
Slow, but solid US economic growth anticipated in Q1; inflation likely heats up
Apr 24, 2024
* First-quarter GDP forecast to increase at a 2.4% rate * Consumer spending likely to account for much of GDP growth * Core PCE inflation seen rising at a faster 3.4% pace By Lucia Mutikani WASHINGTON, April 25 (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations...
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Apr 24, 2024
SEOUL, April 25 (Reuters) - South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia ( NVDA )...
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AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion
AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion
Mar 10, 2025
(Reuters) - AT&T ( T ) forecast first-quarter adjusted profit in line with analysts' estimates on Monday, signaling steady demand for its discounted premium plans combining 5G mobile with high-speed fiber data. The U.S. telecom giant has been investing in its high-speed fiber internet offerings to help drive faster subscriber and revenue growth, at a time when the pool of...
Nasdaq's Adena Friedman says IPO pipeline remains healthy
Nasdaq's Adena Friedman says IPO pipeline remains healthy
Mar 10, 2025
NEW YORK, March 10 (Reuters) - There is a healthy pipeline of U.S. initial public offerings, but investors are looking for more certainty in markets, Adena Friedman, chief executive officer at exchange operator Nasdaq, said on Monday at the FIA Boca conference in Florida. Friedman said markets are currently in a period of uncertainty as they try to navigate the...
BRIEF-SAGTEC GLOBAL Limited Announces Closing Of Initial Public Offering
BRIEF-SAGTEC GLOBAL Limited Announces Closing Of Initial Public Offering
Mar 10, 2025
March 10 (Reuters) - SAGTEC GLOBAL Ltd ( SAGT ): * SAGTEC GLOBAL LIMITED ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING Source text: Further company coverage: ...
Soccer-Ratcliffe says some Man Utd players not good enough
Soccer-Ratcliffe says some Man Utd players not good enough
Mar 10, 2025
March 10 (Reuters) - A number of Manchester United ( MANU ) players are not good enough while some others are being overpaid, the club's co-owner Jim Ratcliffe said on Monday as manager Ruben Amorim faces an uphill task to turn around the side's fortunes. Ratcliffe gave his backing to Amorim, who took charge in November following the sacking of...
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