Day: October 26, 2022
Gold futures settled at their highest price in nearly two weeks on Wednesday, as the U.S. dollar index and Treasury yields continued to weaken. A weaker dollar has been “good news for bullion investors, but gains should be capped well ahead of the $1,700 level” for gold, said Edward Moya, senior market analyst at OANDA. […]
Shares of Boston Scientific Corp. BSX, +1.66% dropped 4.4% in premarket trading Wednesday, after the medical devices company missed third-quarter profit expectations but topped on revenue, and provided a mixed full-year outlook. Net income fell to $174 million, or 12 cents a share, from $405 million, or 28 cents a share, in the year-ago period, […]
Sports and modeling agency IMG, a unit of entertainment giant Endeavor Group Holdings Inc. EDR, +0.74%, said Wednesday it has sold the Miss Universe organization to Thai-based JKN Global Media Public Co. Ltd. No terms were disclosed. The organization runs the annual Miss Universe competition, which is broadcast in 165 countries. Amy Emmerich will remain […]
Officials in Shanghai started administering an inhalable COVID-19 vaccine on Wednesday in what appears to be a world first, the Associated Press reported. The vaccine, a mist that is sucked in through the mouth, is being offered for free as a booster dose for previously vaccinated individuals, according to an announcement posted on an official […]
• Dow Jones rising inside C-wave • Likely to reach resistance level 32635.00 Dow Jones recently broke the resistance level 31000.00 intersecting with the daily down channel from August and the 38.2% Fibonacci correction of the downward impulse from August. The breakout of the resistance level 31000.00 accelerated the C-wave of the active medium-term ABC […]
• EURUSD broke key resistance level 0.9985 • Likely to rise to resistance level 1.0165 EURUSD recently broke the key resistance level 0.9985 (top of the previous short-term wave (a) from the start of October). The breakout of the resistance level 0.9985 was preceded by the breakout of the extended down channel from February – […]
German health minister Karl Lauterbach has released the government’s closely-watched proposal to legalize adult use cannabis. Lauterbach said the proposal must be confirmed that it complies with European Union and other international laws, according to reports of a press conference. The plan to decriminalize possession of up to 30 grams of cannabis by adults in […]
The tally of “rekt” traders keeps mounting as Bitcoin revisits levels absent since September. 5388 Total views 67 Total shares Bitcoin (BTC) saw its highest levels since mid-September on Oct. 26 as BTC/USD approached the pivotal $21,000 mark. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bears lose big as Bitcoin climbs Data from Cointelegraph Markets […]
Shares of Norfolk Southern Corp. NSC, +3.64% tacked on 0.3% in premarket trading Wednesday, after the railroad operator reported record third-quarter earnings that beat expectations, boosted by higher fuel surcharges and pricing and “robust” hiring initiatives. Net income rose to $958 million, or $4.10 a share, from $753 million, or $3.06 a share, in the […]
Texas Instruments Inc.’s TI, stock slid 4.58% before market open on Wednesday, weighed down by the chip maker’s fourth-quarter outlook. The company reported strong third-quarter results after market close on Tuesday, but forecast weaker-than-expected fourth-quarter earnings and revenue. Texas Instruments expects fourth-quarter earnings between $1.83 and $2.11 a share on revenue of $4.4 billion to […]
