Day: October 26, 2022
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. Going by the signal, the pair is forming a correctional wave. The goal of growth will be 1675.50. After a test of the resistance level, the pair might bounce off it and continue the downtrend. However, the quotes may […]
EURUSD, “Euro vs US Dollar” The pair has reached the estimated goal of the wave of growth at 0.9974. Today the market is forming a consolidation range under this level. The range might extend upwards to 0.9998. After this one is reached, a wave of decline to 0.9800 is expected to begin. GBPUSD, “Great Britain […]
Research has detailed Bitcoin’s recent record-low volatility and while traders expect an eventual price breakout, the Oct. 26 BTC price move to $21,000 is not yet being interpreted as confirmation that $20,000 has now become support. In a recent “The Week On-chain Newsletter,” Glassnode analysts mapped out a bull case and a bear case for […]
Shares of LendingClub Corp. LC, -1.02% were falling more than 15% in after-hours trading Wednesday after the financial services and lending company topped expectations with the results from its latest quarter but delivered a downbeat outlook. The company posted net income of $43.2 million, or 41 cents a share, up from $27.2 million, or 26 […]
Stocks ended mostly lower, though the Dow Jones Industrial Average appeared to cling to a tiny gain Wednesday, with the market unable to fully shake off weak earnings from tech behemoths Microsoft Corp. MSFT, -7.72% and Google parent Alphabet Inc. GOOG, -9.63% GOOGL, -9.14%. The Dow DJIA, +0.01% ended with a gain of just over […]
Tesla Inc. TSLA, +1.00% is facing a U.S. criminal investigation into claims that it has made around the self-driving capabilities of its vehicles, according to a Wednesday afternoon report from Reuters. The story, which cites three anonymous sources, said that the Department of Justice opened the inquiry into Tesla last year in the wake of […]
Sen. Bob Menendez, a New Jersey Democrat, is under federal criminal investigation, according to multiple reports. Semafor reported that prosecutors in the Southern District of New York have contacted people connected to Menendez in recent weeks, and an adviser to the senator told the outlet he is “aware of an investigation that was reported on […]
Shares of data-center equipment providers jumped in the extended session Wednesday after Facebook parent Meta Platforms Inc. META, -5.59% hiked its capital expenditure budget. Nvidia Corp. NVDA, -2.75% shares rallied 3.9% after hours, while Advanced Micro devices Inc. AMD, -2.83% shares rose 2.4%, Marvell Technology Inc. MRVL, -4.58% shares surged 3.8%, and Intel Corp. INTC, […]
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters. 1525 Total views 30 Total shares A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact […]
Oil futures settled higher on Wednesday, finding support on the back of a weaker U.S. dollar, as well as a weekly decline in domestic gasoline stockpiles. The Energy Information Administration reported that supplies of crude rose 2.6 million barrels last week, but gasoline fell by 1.5 million barrels. The EIA data was more bullish than […]
