Stocks opened higher Wednesday, attempting a bounce a day after a 4% slide for the Nasdaq Composite saw the tech-heavy index post its lowest finish since December 2020. The Dow DJIA, +0.82% rose 130 points, or 0.4%, while the S&P 500 SPX, +1.09% gained 0.5% and the Nasdaq COMP, +1.40% advanced 0.8%. Investors were parsing […]
Shares of Boeing Co. BA, -5.04% dropped 3.2% toward a 17-month low in premarket trading Wednesday, after the aerospace and defense giant reported a much wider-than-expected first-quarter loss and big misses in revenue and free cash flow, as disappointing commercial airplanes and defense results offset strength in global services. The net loss more than doubled […]
OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections […]
Amazon.com Inc. AMZN, -4.58% announced its latest Go store in Mill Creek, Wash., on Tuesday, featuring an expanded selection of food and beverages, including beer and wine, and a made-to-order kitchen that’s open all day. Menu items include breakfast burritos, avocado toast, and a variety of sandwiches and salads. Returns can be shipped without packages […]
EURUSD, “Euro vs US Dollar” In the monthly chart, EURUSD is testing the descending channel’s downside border; after updating last March’s low, the asset has broken the downside border of a Triangle pattern and may later return to the pattern’s broken border at 1.0845. The instrument is currently moving below Ichimoku Cloud, thus indicating a […]
AUDUSD took a break from falling; investors are analysing the inflation data. The Australian Dollar stopped falling against the USD. The current quote for the instrument is 0.7159. The CPI in Australia gained 2.1% q/q in the first quarter of 2022 after adding 1.3% q/q the quarter before and against the expected reading of 1.7% […]
Type: Bullish BounceKey Levels:Resistance: 4.5230Pivot: 4.4320Support: 4.3950Preferred Case:Price is moving nearer to the key pivot level. We are expecting the price to potentially bounce off from our pivot level of 4.4320 in line with 78.6% Fibonacci retracement towards our 1st resistance level of 4.5230 which is in line with 38.2% Fibonacci retracement and 61.8% Fibonacci […]
Mixed Start For Risk MarketsA choppy start to the week for global equities indices. A stronger US Dollar continues to hamper risk appetite although we have seen better two-way action today on the back of a rebound in US tech stocks, which is helping the broader risk complex. Markets were roiled last week by comments […]
It’s a historic day for cryptocurrencies in Brazil, as the Senate has finally approved the country’s first bill aimed at regulating the crypto market. The bill still needs to be approved in the Chamber of Deputies and then sanctioned by President Jair Bolsonaro. 2439 Total views 79 Total shares Brazil’s Senate has passed the country’s […]
Walmart Inc. WMT, -1.04% announced the launch of the Dave and Jenny Marrs Collection for Better Homes & Gardens collection. The collection includes 30 outdoor furniture and décor items, most available on Tuesday. Items include a teak outdoor dining table for $997, decorative pillows for about $30 and planters in a range of sizes priced […]