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Alibaba Stock Price Faces Headwinds Ahead of Earnings
Alibaba Stock Price Faces Headwinds Ahead of Earnings
Aug 13, 2024
​​​China slowdown weighs on Alibaba ​Alibaba reports earnings on 15 August. It is expected to see earnings per share rise to $2.12 from $1.41 in the previous quarter, while revenue is forecast to rise to $34.71 billion, from $30.92 billion in the final quarter of FY 2024. ​China's economic growth has been sluggish, with GDP rising just 4.7% in the...
British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis
British Pound (GBP) Latest – BoE Policymaker Warns on Inflation, GBP/USD Analysis
Aug 12, 2024
British Pound (GBP) Latest – GBP/USD Analysis BoE hawk Catherine Mann is concerned about wage growth.Sterling's recent revival continues, 200-dsma provides support. Recommended by Nick Cawley Get Your Free GBP Forecast Bank of England MPC policy member Catherine Mann, one of four rate-setters who voted to leave interest rates unchanged at the last central bank meeting, warned this weekend that...
Retail Client Sentiment: Gold, Oil, AUD in Focus as Risk Appetite Stabilises
Retail Client Sentiment: Gold, Oil, AUD in Focus as Risk Appetite Stabilises
Aug 12, 2024
Risk Appetite Attempts a Recovery On Monday we witness a very different start to the trading week than we did last week. It would appear that the short-lived panic has subsided to more reasonable levels, with the volatility Index (VIX) declining from 65 to just over 20, ahead of the New York open. The Aussie dollar is often viewed as...
US CPI Steadies Around Estimates – USD and Treasuries Rise
US CPI Steadies Around Estimates – USD and Treasuries Rise
Aug 15, 2024
US CPI Analysis US CPI prints mostly in line with estimates, yearly CPI better than expectedDisinflation advances slowly but shows little signs of upward pressureMarket pricing around future rate cuts eased slightly after the meeting Recommended by Richard Snow Get Your Free USD Forecast US CPI Prints Mostly in Line with Expectations, Yearly CPI Better than Anticipated US inflation remains...
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Forecast update for Silver -05-08-2025
Forecast update for Silver -05-08-2025
Aug 5, 2025
The price of (Silver) witnessed fluctuated trading in its last intraday levels, attempting to offload its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, gathering its positive strength that help it to get rid of the negative pressure on the EMA50, to recover amid its affection by breaching a bearish correctional trend line on...
Forecast update for Gold -05-08-2025
Forecast update for Gold -05-08-2025
Aug 5, 2025
The price of (Gold) declined in its last intraday trading, attempting to gain a positive momentum that might help it to recover and rise again, while it succeeded in offloading the clear overbought conditions on the (RSI), opening the way for achieving more of the gains on the short-term basis, amid the dominance of strong minor bullish wave, supported by...
Security flaw found, fixed that could have left millions of Dell laptops vulnerable, researchers say
Security flaw found, fixed that could have left millions of Dell laptops vulnerable, researchers say
Aug 5, 2025
By AJ Vicens (Reuters) -A flaw in the chips used to secure tens of millions of Dell laptops could have given attackers the ability to steal sensitive data as well as maintain access even after a fresh operating system install, researchers with Cisco Talos said Tuesday.  The previously unreported analysis, validated by Dell in a June security advisory, affected more...
Forecast update for EURUSD -05-08-2025
Forecast update for EURUSD -05-08-2025
Aug 5, 2025
The price of (EURUSD) declined in its last intraday trading, due to the stability of the key resistance level at 1.1575, with the emergence of the negative signals on the (RSI), with a continued negative pressure due to its trading below EMA50, to attempt to gain positive momentum that might assist it to get rid of the negative pressure. This...
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Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
Jan 28, 2025
Jan 28 (Reuters) - Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of low-cost AI models from China's DeepSeek spooked Wall Street, with bets against Nvidia ( NVDA ) yielding record profits totaling more than $6 billion. Traders betting against AI-darling Nvidia ( NVDA ) earned profits of about $6.6 billion - the biggest...
Lumentum Says Science-Based Targets Initiative Approves Greenhouse Gas Emission Targets
Lumentum Says Science-Based Targets Initiative Approves Greenhouse Gas Emission Targets
Jan 28, 2025
11:50 AM EST, 01/28/2025 (MT Newswires) -- Lumentum Holdings ( LITE ) said Tuesday that the Science-Based Targets Initiative has approved its near- and longer-term goals to reduce and eventually prevent nearly all of its Scope 1, 2 and 3 greenhouse gas emissions over the next 25 years. The optical and photonics products manufacturer said it is targeting a 90%...
Northvolt asks shareholders for $1.3 billion for next two years, sources say
Northvolt asks shareholders for $1.3 billion for next two years, sources say
Jan 28, 2025
STOCKHOLM/BERLIN/FRANKFURT (Reuters) - Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish battery maker's business, two sources familiar with the matter told Reuters. Considered Europe's best shot at a home-grown electric vehicle battery champion to compete with Chinese rivals BYD and CATL, Northvolt...
LVMH beats forecast with 1% rise in fourth quarter sales
LVMH beats forecast with 1% rise in fourth quarter sales
Jan 28, 2025
PARIS (Reuters) - Luxury bellwether LVMH beat expectations on Tuesday with a 1% rise in fourth-quarter sales as demand for designer fashion and handbags picked up over the holiday season, adding to hopes the sector has turned a corner. The owner of brands including Louis Vuitton handbags and Bulgari jewellery said sales for the three months to end-December reached 23.9...
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