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 […]
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 […]
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 […]
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 […]
Gold is expected to fall for the first time in three weeks as rates and the currency rise
Gold is expected to fall for the first time in three weeks as rates and the currency rise Gold prices remained flat on Friday, weighed down by the dollar’s resilience and the increase of US Treasury yields, putting bullion on track for its first weekly loss in three weeks. As of 0501 GMT, spot gold […]
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders AB Volvo, a Swedish truck manufacturer, announced an unexpected increase in first-quarter core earnings on Friday, despite a stressed supply chain that limited its ability to fulfil order books. Daimler Truck and Traton’s rival said it expects component supplies to remain unpredictable, […]
EUR/USD Reach Historical Levels | Xtreamforex
EUR/USD Reach Historical Levels | Xtreamforex EUR/USD has recovered its foothold in the early European session on Thursday and progressed to its most elevated level in seven days close 1.0900. The specialized standpoint recommends that the bullish predisposition stays in one piece in the close to term and extra gains could be seen in the […]
Dollar Up, but Below Previous Day’s High, Ahead of Finance Ministers’ Gathering
Dollar Up, but Below Previous Day’s High, Ahead of Finance Ministers’ Gathering NZD: Consumer Price Index (CPI), Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Forecast 2.0%. EUR: Final […]
The allure of gold futures is dwindling as bond yields rise
The allure of gold futures is dwindling as bond yields rise On Wednesday, gold futures dipped marginally as traders evaluated forecasts of tighter Fed monetary policy and higher yields. Gold futures in the United States fell 0.07 percent to $1,957 per ounce. Meanwhile, spot gold rose 0.3 percent, pulling back from a two-week low. “We’re […]
Tesla record profit $18.76 billion in revenue
Tesla record profit $18.76 billion in revenue Tesla just released its first-quarter profits for 2022, and both the top and bottom lines surpassed analysts’ estimates. The important figures are listed below. After-hours trading saw shares rise as much as 6%. Automotive revenue increased by 87 percent year over year to $16.86 billion. Tesla reported a […]
GBP/USD/EUR Beats 14-Year Trend Line Resistance At 127.10/50
GBP/USD/EUR Beats 14-Year Trend Line Resistance At 127.10/50 GBP/USD stays weighty, flexing against the 1.30 support level. The pair is set to stay under pressure while underneath 1.3150, Financial analysts report. Support at 1.2980-1.30 still looks firm, support at 1.2980-1.30 still looks firm. Note that the pair has bombed on different occasions at 1.2980-1.30 since […]