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Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
Jul 24, 2024
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise German PMIs miss forecasts, manufacturing sector weakens further.Euro slips lower as rate cut expectations increase. Recommended by Nick Cawley Trading Forex News: The Strategy For all high-importance data releases and events, see the DailyFX Economic Calendar According to the latest HCOB flash PMIs, ‘Germany’s private sector economy slipped back...
Tesla stock price slumps after Q2 earnings​​​​​​​
Tesla stock price slumps after Q2 earnings​​​​​​​
Jul 25, 2024
​​​Profit slump and financial performance ​Tesla's second-quarter profits for 2024 plummeted by 45%, with net income falling to $1.47 billion, well below analysts' expectations of $1.9 billion. The electric vehicle giant faced headwinds from slower sales, increased costs due to employee layoffs, and significant investments in artificial intelligence infrastructure. ​Despite these challenges, revenues rose 2% to $25.5 billion, narrowly exceeding...
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Jul 23, 2024
When will Meta report its latest earnings? Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024. What should traders look out for? Last quarter, Meta reported a revenue beat of $36.46 billion vs. $36.16 billion expected and an EPS beat of $4.71 per share vs. $4.32 expected. The company reported...
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Jul 25, 2024
Article written by Tony Sycamore, Market Analyst for IG Australia When will Apple report its latest earnings? Apple is scheduled to report its third quarter (Q3) earnings on Thursday, August 1, 2024. Key Financial Metrics Last quarter (Q2), Apple reported a revenue beat of $90.75 billion vs. $90.01 expected and an EPS beat of $1.53 vs. $1.50 estimated. The company...
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Sector Update: Financial Stocks Higher Friday Afternoon
Sector Update: Financial Stocks Higher Friday Afternoon
Aug 25, 2024
01:45 PM EDT, 08/23/2024 (MT Newswires) -- Financial stocks advanced in Friday afternoon trading with the NYSE Financial Index rising 1.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%. The Philadelphia Housing Index jumped 3.4%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 1.8%. Bitcoin (BTC-USD) increased 2.5% to $61,867, and the yield for 10-year US...
Sector Update: Health Care Stocks Higher Pre-Bell Monday
Sector Update: Health Care Stocks Higher Pre-Bell Monday
Aug 26, 2024
09:18 AM EDT, 08/26/2024 (MT Newswires) -- Health care stocks were higher pre-bell Monday, with the Health Care Select Sector SPDR Fund ( XLV ) up 0.2% and the iShares Biotechnology ETF ( IBB ) was ahead 0.6%. BeiGene ( BGNE ) shares were up more than 3% after the drug maker said its BGB-16673 has received fast-track designation from...
Heico, PDD Holdings And 3 Stocks To Watch Heading Into Monday
Heico, PDD Holdings And 3 Stocks To Watch Heading Into Monday
Aug 26, 2024
With U.S. stock futures trading slightly lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects PDD Holdings Inc. ( PDD ) to report quarterly earnings at $2.73 per share on revenue of $14.02 billion before the opening bell, according to data from Benzinga Pro. PDD shares gained 0.5%...
SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
Aug 26, 2024
MUMBAI, Aug 26 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.8% to 25,018.75, while the broader NSE index was up 0.8% to 81,760.59 after U.S. Federal Reserve Chair Jerome Powell signalled that interest rate cuts were on the horizon. RUPEE: The Indian rupee strengthened 0.03% versus the U.S. dollar, and quoted at 83.8625 per dollar as foreign banks'...
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What's the 'Dial it Down' campaign in New Zealand?
What's the 'Dial it Down' campaign in New Zealand?
Feb 15, 2022
The Human Rights Commission of New Zealand is urging people to dial down COVID-19 related hostility, abuse, and rage.
Elon Musk's SpaceX helping restore internet in volcano, tsunami-hit Tonga
Elon Musk's SpaceX helping restore internet in volcano, tsunami-hit Tonga
Feb 9, 2022
A top official in neighbouring Fiji tweeted that a team from Elon Musk's SpaceX company was in Fiji establishing a station that would help reconnect Tonga through SpaceX satellites. SpaceX runs a network of nearly 2,000 low-orbit satellites called Starlink, which provides internet service to remote places around the world.
Elon Musk tweets, then deletes, meme comparing Trudeau to Hitler
Elon Musk tweets, then deletes, meme comparing Trudeau to Hitler
Feb 17, 2022
Musk sent the tweet on Wednesday just before midnight in California, and had deleted it by midday on Thursday, without explanation. He did respond to a request for comment.Musk, the chief executive of Tesla Inc, in late January tweeted support for the Canadian truckers, who have shut down roads and bridges, drawing international attention to their opposition to health policies pushed by Trudeau's government.
Why Dorsey is saying Zuckerberg should have focused on Bitcoin instead of Diem
Why Dorsey is saying Zuckerberg should have focused on Bitcoin instead of Diem
Feb 2, 2022
Stating that Meta CEO Mark Zuckerberg should have focused on the bitcoin ecosystem instead of working on the stablecoin project, Former Twitter CEO Jack Dorsey said that Meta would have done much more for humanity if they had concentrated on Bitcoin. Diem was supposed to be a stablecoin pegged against less volatile assets like national currencies or commodities.
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Ethereum Spot Volumes Eclipse Bitcoin’s as Altseason Heats Up
Ethereum Spot Volumes Eclipse Bitcoin’s as Altseason Heats Up
Jul 23, 2025
First time in over a year, Ethereum spot trading volume is greater than Bitcoin’s, reported CryptoQuant on Wednesday. Last week, ETH spot trading hit $25.7 billion compared to $24.4 billion for Bitcoin, it added, noting that this pushed the ETH/BTC spot volume ratio above 1 for the first time since June 2024. “Investors are rotating to ETH and altcoins,” analysts...
Analyst Says XRP’s Slump is Just a ‘Coffee Break’ – Here’s Why
Analyst Says XRP’s Slump is Just a ‘Coffee Break’ – Here’s Why
Jul 25, 2025
TL;DR Popular analysts consider XRPs price drop a normal pullback, suggesting targets between $4 and $12 remain in play. Whale accumulation of over 280 million XRP and a fresh buy signal from the TD Sequential indicator hint that a new rally could soon begin. Stay Calm, HODL Tight The crypto market has lost some steam over the past 24 hours,...
Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out
Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out
Jul 23, 2025
Most altcoins have headed south over the past several hours, and the second-largest is no exception. XRP, which was among the top performers until yesterday evening, has plunged by double-digits to a new weekly low. As such, it has caused substantial losses to over-leveraged traders, even more than BTC. XRPUSD. Source: TradingView What goes up, must come down, right? This...
2 Exciting Updates for Pi Network’s Pi Wallet Users: Full Details Inside
2 Exciting Updates for Pi Network’s Pi Wallet Users: Full Details Inside
Jul 25, 2025
TL;DR The Pi Network Core Team has introduced two new features for the projects Pi Wallet, which will provide more seamless procedures for buying and mining the underlying asset. One of the accounts dedicated to covering Pi news claimed that new functions are coming next, allowing direct access to exchanges. Pi Wallets New Updates The projects Pi Wallet operates as...
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