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Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
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Sector Update: Financial Stocks Advance Pre-Bell Tuesday
Sector Update: Financial Stocks Advance Pre-Bell Tuesday
Apr 21, 2026
09:19 AM EDT, 04/21/2026 (MT Newswires) -- Financial stocks were advancing pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.2%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.4%. MSCI ( MSCI ) shares were up more than 3%...
Sector Update: Tech Stocks Advance Pre-Bell Tuesday
Sector Update: Tech Stocks Advance Pre-Bell Tuesday
Apr 21, 2026
09:09 AM EDT, 04/21/2026 (MT Newswires) -- Technology stocks were advancing pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 2% higher. CrowdStrike ( CRWD ) shares were up more than 1% after the company said it has expanded its go-to-market strategy across Japan...
Sector Update: Energy Stocks Edge Higher Premarket Tuesday
Sector Update: Energy Stocks Edge Higher Premarket Tuesday
Apr 21, 2026
09:24 AM EDT, 04/21/2026 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday, with the State Street Energy Select Sector SPDR ETF ( XLE ) advancing by 0.2%. The United States Oil Fund ( USO ) was up 0.2% and the United States Natural Gas Fund ( UNG ) was 0.1% lower. Front-month US West Texas Intermediate crude oil...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Amid Second Round of US-Iran Talks
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Amid Second Round of US-Iran Talks
Apr 21, 2026
09:06 AM EDT, 04/21/2026 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.3% in Tuesday's premarket activity, amid a second round of talks between the US and Iran. US stock futures were also higher, with S&P 500 Index futures up...
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Universal Display Corporation to Hold Virtual 2026 Annual Meeting of Shareholders
Universal Display Corporation to Hold Virtual 2026 Annual Meeting of Shareholders
Jun 4, 2026
EWING, N.J.--(BUSINESS WIRE)-- Universal Display Corporation ( OLED ) , a global leader in energy-efficient OLED technologies and materials, will hold its 2026 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 a.m. Eastern Time on Thursday, June 18, 2026. To attend and participate in the Annual Meeting, shareholders of record as of the close of business on...
Planet Reports Financial Results for First Quarter of Fiscal Year 2027
Planet Reports Financial Results for First Quarter of Fiscal Year 2027
Jun 4, 2026
Delivered Record Quarterly Revenue of $94 Million, up 42% YoY Increased RPOs +81% YoY to $816 Million; Backlog +72% YoY to over $906 Million Successfully Launched 3 Pelican Satellites, Including Sweden’s First Sovereign Reconnaissance Satellite End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 223% YoY to $731 Million SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC ( PL )...
CooperCompanies Announces Second Quarter 2026 Results
CooperCompanies Announces Second Quarter 2026 Results
Jun 4, 2026
SAN RAMON, Calif., June 04, 2026 (GLOBE NEWSWIRE) -- CooperCompanies , a leading global medical device company, today announced financial results for its fiscal second quarter ended April 30, 2026. Second quarter 2026 revenue of $1.082 billion, up 8%, or up 5% organically, from last year's second quarter.Second quarter 2026 GAAP diluted earnings per share (EPS) of $(0.40), down $0.84...
ICZOOM Group Inc. Appoints Mr. Yi Wang as a Director
ICZOOM Group Inc. Appoints Mr. Yi Wang as a Director
Jun 4, 2026
Hong Kong, June 04, 2026 (GLOBE NEWSWIRE) -- ICZOOM Group Inc. ( IZM ) (the “Company”), a B2B electronic component products e-commerce platform, today announced the appointment of Mr. Yi Wang as a Director of the Company, a member of the Compensation Committee and the Nominating Committee, and the chair of the Audit Committee, effective May 22, 2026. Effective May...
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The Metals Royalty Company Inc. Closes Mesabi Royalty Acquisition, Exercises Option to Acquire an Additional 1% Royalty Interest and Appoints Michael Hess as Non-Executive Co-Chairman
The Metals Royalty Company Inc. Closes Mesabi Royalty Acquisition, Exercises Option to Acquire an Additional 1% Royalty Interest and Appoints Michael Hess as Non-Executive Co-Chairman
Jun 1, 2026
1% Royalty Acquisition on One of the United States' Only Large-Scale Sources of Merchant DR-Grade Iron Ore, Establishing Near-Term Royalty Cash Flow and a Dual-Asset Portfolio Foundation1% Royalty Acquisition on One of the United States' Only Large-Scale Sources of Merchant DR-Grade Iron Ore, Establishing Near-Term Royalty Cash Flow and a Dual-Asset Portfolio Foundation Closing Highlights: Mesabi Royalty acquisition closed -...
Resmed Completes Acquisition of Noctrix Health, Expanding Clinical Sleep Health Portfolio
Resmed Completes Acquisition of Noctrix Health, Expanding Clinical Sleep Health Portfolio
Jun 1, 2026
SAN DIEGO, June 01, 2026 (GLOBE NEWSWIRE) -- Resmed ( RMD ) , the leading health technology company focused on sleep, breathing and care delivered in the home, today announced it has completed its acquisition of Noctrix Health, Inc., a medical device company developing clinically validated wearable therapeutics for chronic neurological disorders. The acquisition expands Resmed’s clinical sleep health portfolio...
HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
Jun 1, 2026
June 1 (Reuters) - Hewlett Packard Enterprise ( HPE ) posted record second-quarter results on Monday, prompting the company to accelerate its long-term financial goals by two years, as expansion of AI data centers boosts demand for its servers and networking products. Shares of the company rose 30% in extended trading after HPE also appointed Elliott Investment Management partner Christopher...
HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
HPE expects to achieve 2028 financial targets this year after record quarter on AI boom
Jun 1, 2026
* HPE raises 2026 forecasts driven by strong demand * Enterprise adoption of agentic AI boosts growth, CFO says * HPE says its Q2 revenue rises 40% to $10.68 billion * Expects fiscal 2027 revenue growth of 8% to 12% By Jaspreet Singh June 1 (Reuters) - Hewlett Packard Enterprise ( HPE ) posted record second-quarter results on Monday, prompting...
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Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
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