Could eBay’s fortunes shift on a dime as a result of Amazon’s poor performance?
Could Amazon’s bad performance cause eBay’s stocks to turn on a dime? Amazon’s (AMZN) first-quarter earnings miss and weaker-than-expected second-quarter outlook, released after the market closed on Thursday, could present an attractive investment opportunity in another retailer. I’m looking at eBay (EBAY) in particular. AMZN shares were down roughly 8.5 percent and eBay’s stocks […]
Oil prices are falling as China’s economic slowdown has a negative impact on demand
Oil prices are falling as China’s economic slowdown has a negative impact on demand Oil prices fell on Friday as China’s COVID-19 lockdowns weighed on the outlook for petroleum demand; though supply disruption fears fueled by Western sanctions limiting Russia’s crude and product exports. By 0040 GMT, Brent crude futures had fallen 4 cents to […]
Wall Street closes strongly higher, with Meta and Apple leading the way
Wall Street closes strongly higher, with Meta and Apple leading the way On Thursday, Wall Street finished substantially higher. Meta Platforms released a good quarterly report and growth sectors and easing concerns about the US economy’s first-quarter loss. The parent company of Facebook jumped 17.6% as the social network posted higher-than-expected earnings and returned from […]
Covid (COVID-19) may just affect progressed economies
Covid (COVID-19) may just affect progressed economies. Worldwide monetary movement stayed strong toward the beginning of 2022, with review information showing that the Omicron variation of the Covid (COVID-19) may just affect progressed economies. A few elements highlight slow development likewise in the period ahead. The war is now burdening the certainty of businesses and […]
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss
Boeing’s shares level will decrease and Air Force One result in a $1.2 billion loss Boeing’s stock plummeted after the company disclosed a $1.2-billion loss in the most recent quarter, owing to one-time charges related to its Russia business, the Air Force One presidential flight, and the new 777X airliner. Boeing shares finished 7.5 percent lower […]
Breaking: EUR/USD cracks 1.0500, hits the lowest
Breaking: EUR/USD cracks 1.0500, hits the lowest CAD: BOC Gov Macklem Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy. […]
EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target
EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130.30 is the target Despite the bearish opening gap on Monday, the EUR/JPY has been following the primary component of Dow Theory by remaining above Friday’s low of 128.73. The cross continues to form the higher high and higher low structure, but […]
Gold is near a two-month low due to a stronger dollar & the possibility of a rate hike in U.S.A
Gold is near a two-month low due to a stronger dollar & the possibility of a rate hike in U.S.A In Asia on Thursday morning, gold was down, hitting a two-month low. The yellow metal’s demand was harmed by a rising dollar and the prospect of a rate hike in the United States weakened […]
Gold, XAUUSD, Market Sentiment, Rates, US Doller, Fed, Information- Talking Points
Gold, XAUUSD, Market Sentiment, Rates, US Doller, Fed, Information- Talking Points Gold Price is endeavoring a bounce back from two-month lows of $1,886, surrounding the $1,900 mark this Wednesday. The market disposition stays cheery regardless of the continuous EU-Russia energy struggle, even with the Ukraine war. The US dollar is pulling back from two-year highs […]
EUR/USD price weakening return to 1.0700 region
EUR/USD price weakening return to 1.0700 region EUR/USD’s price activity shows further weakening and returns to the sub-1.0700 region, opening the entryway simultaneously to an expected visit to the 2020 low in the 1.0630 zone in the near future. The standpoint for the pair actually stays shifted towards the bearish side. Incidental pockets of […]
Oil continue gains on Russia-Europe tension as hopes for Chinese support
Oil continue gains on Russia-Europe tension as hopes for Chinese support Oil prices rose further in early Asian trade on Wednesday as geopolitical tensions remained high, with Russia warning of gas supply cuts to Poland and Bulgaria, while hopes of Chinese economic stimulus boosted the outlook for oil demand. Brent crude futures were up […]
The NASDAQ has suffered its worst loss since 2020
The NASDAQ has suffered its worst loss since 2020 Sectors on Wall Street finished broadly lower on Tuesday, led down by steep drops in Big Tech stocks, which sent the NASDAQ to its lowest level since September 2020. Investors are busy analyzing the latest round of corporate earnings, with some of the country’s largest corporations […]
Gold is expected to dropped low further due to rise in Euro region yields
Gold is expected to dropped low further due to rise in Euro region yields. As per analysis, XAUUSD went under some restored selling tension on Friday and dropped to an almost fourteen day low, around the $1,930 locale during the primary half o the European session. The discourse from Fed chair Jerome Powell at an […]
On aggressive Fed comments, XAUUSD revives briefly from $1,900, but expects downside to $1,880
On aggressive Fed comments, XAUUSD revives briefly from $1,900, but expects downside to $1,880 After a massive negative move, gold (XAU/USD) is showing a dead cat bounce around approximately $1,900. After failing to hold above the round level support of $1,950.00 last week, the precious metal has seen a sharp sell-off. One thing to keep […]
To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion
To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion On Monday, Elon Musk agreed to buy Twitter Inc for $44 billion in cash, transferring ownership of the social media network used by millions of people and world leaders to the world’s richest person. It’s a watershed moment […]
As a result of the Shanghai lockdowns, oil prices are continuing to fall
As a result of the Shanghai lockdowns, oil prices are continuing to fall Oil prices fell further on Monday, owing to concerns that continued COVID-19 lockdowns in Shanghai and expected rate hikes in the United States would stifle global economic development and fuel demand. At 0015 GMT, Brent crude prices were down $1.90, or […]
On Sunday, stock futures fell as Wall Street prepared for a hectic results week
On Sunday, stock futures fell as Wall Street prepared for a hectic results week As investors pondered the probability of higher interest rates, U.S. stock futures dipped on Sunday night, snapping a four-week losing skid for the Dow Jones Industrial Average. Wall Street is also anticipating a busy week of earnings, which will include […]
GBP/USD plummets to 1.2960 area, lowest since
GBP/USD plummets to 1.2960 area, lowest since AUD: Flash Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures level of a diffusion index based on surveyed purchasing managers in the services industry. GBP: GfK Consumer Confidence, it measures level of […]