Day: June 10, 2022
Shares of cruise operators suffered sharp declines for a second-straight session, amid signs of declining pricing and what that might mean for demand. Carnival Corp.’s CCL, -9.28% CCL, -9.18% stock dove 5.6% in afternoon trading, enough to make it the second-worst performer among S&P 500 SPX, -2.38% components. The next two worst S&P 500 performers […]
Type: Bearish MomentumKey Levels:Resistance: 1989.0Pivot: 1954.5Support: 1887.5Preferred Case:On the H1, price is moving below the ichimoku cloud and along the descending trendline which supports our bearish bias that price will drop from our pivot at 1954.5 in line with the swing high resistance to the 1st support at 1887.5 in line with the swing low […]
Tesla to Bounce?In a note issued this week, analysts at UBS have upgraded Tesla to a buy following the recent plunge in price. Shares in Elon Musk’s iconic company are down around 45% on the year via a combination of broader tech stock weakness in the face of Fed tightening expectations, the impact of the […]
The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. […]
DocuSign Inc.’s. stock DOCU, -3.04% fell 23% in extended trading Thursday after the electronic-documents company reported fiscal first-quarter revenue that exceeded analysts’ forecasts but came up short on earnings. DocuSign reported a net loss of $27.4 million, or 14 cents a share, compared with a net loss of $8.35 million, or 4 cents a share, […]
President Joe Biden on Thursday offered comments about the first public hearing of the House committee investigating the Jan. 6, 2021, attack on the U.S. Capitol, which is due to be held at 8 p.m. Eastern. The attack was “a clear and flagrant violation of the Constitution,” and participants were “trying to turn around the […]
