November 22, 2024 10:03 am
Games Workshop’s shares have soared by 15% after the company released a positive trading update. The FTSE 100 firm, known for its popular Warhammer miniature wargames, reported that its trading performance has surpassed expectations over the past two months. This strong showing has led to a significant increase in the company’s share price, with investors […]
Read moreNovember 22, 2024 9:16 am
MicroStrategy’s stock price plummeted 16% on Thursday after Citron Research, a prominent short seller, announced that it had taken a new bet against the company. Despite this decline, MicroStrategy’s stock has still gained over 50% since President-elect Donald Trump’s victory earlier in November, fueled by the company’s significant investments in bitcoin. MicroStrategy, a software company […]
Read moreNovember 22, 2024 4:58 am
Snowflake Inc. (SNOW) shares surged over 30% on Thursday after the company reported a solid third quarter and raised its guidance for the full year. The stock’s impressive rally has caught the attention of analysts, who see further upside potential. Goldman Sachs analyst Kash Rangan maintained a “buy” rating on Snowflake stock, citing its competitive […]
Read moreNovember 21, 2024 9:09 pm
The US dollar’s rally against the Japanese yen appears to be losing steam, with the USD/JPY exchange rate falling towards its weekly low. This decline may reduce the likelihood of a currency intervention, as the initial surge following the US election seems to be unwinding. Federal Reserve Governor Lisa Cook’s comments suggesting that the central […]
Read moreNovember 21, 2024 5:20 pm
The US Justice Department and a group of states have filed a proposal that would require Google to sell its Chrome browser and take drastic steps to end its monopoly on internet searches. The proposal comes after a judge ruled that Google’s dominance in general search services and search text advertising was indeed an illegal […]
Read moreNovember 21, 2024 4:42 pm
Nvidia’s third-quarter earnings report sent its stock price on a wild ride on Thursday, as investors digested the chipmaker’s impressive results. Despite beating expectations on both revenue and earnings per share, Nvidia’s shares fluctuated throughout the day, ultimately ending down 1.5% in late-morning trading. The company’s revenue soared 94% year-over-year to $35.08 billion, exceeding the […]
Read moreNovember 21, 2024 2:12 pm
The EUR/USD currency pair is under pressure, falling below 1.0500, as European Central Bank (ECB) officials express concerns about the growing risks to Eurozone economic growth. ECB policymaker François Villeroy de Galhau has called for more rate cuts, citing a shift in the balance of risks to inflation and growth to the downside. The US […]
Read moreNovember 21, 2024 1:25 pm
The gold market has been on a tear, with prices rising for the fourth consecutive day to reach a 10-day high of $2,670 per ounce. The surge in gold prices comes as tensions between Russia and Ukraine continue to escalate, sparking fears of a new phase in the conflict that may not be contained. The […]
Read moreSeptember 11, 2020 1:21 pm
The USD/JPY pair hasn’t been able to violate the symmetric triangle pattern so far as it’s providing solid resistance at 106.300 and support at 106 level. The U.S. CPI figures may help to drive some price action during the New York session. Checkout the USD/JPY price forecast to learn more about the trade setup.
Read moreSeptember 11, 2020 9:00 am
Bitcoin, the leading cryptocurrency, extends its sideways trading for another day. The BTC/USD pair continues to follow a narrow trading range of 10,430 to 9,945 level. A bearish breakout 9,945 level may trigger selling until 9,346 level — checkout the Bitcoin price forecast to learn more about the trade setup.
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