Latest Market News

May 19
Children’s Place stock plunges after earnings miss, sales guidance cut

Children’s Place Inc. PLCE, -10.42% shares slumped 13.2% in Thursday premarket trading after it reported first-quarter earnings and sales that missed expectations and cut its outlook. The kids apparel retailer posted net income of $19.8 million, or $1.43 per share, down from $45.2 million, or $3.01 per share, last year. Adjusted EPS of $1.05 missed […]

May 19
Grim Reapers financial crimes unit revived to investigate Terra collapse

After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs. 2716 Total views 12 Total shares Legal troubles are mounting for the co-founder of failed Terra crypto project, Do Kwon, as the South Korean government revives the dormant Grim […]

May 19
Walmart’s stock suffers biggest 2-day selloff since 1987

Shares of Walmart Inc. WMT, -6.79% sank 6.6% toward a 22-month low in midday trading Wednesday, as it fell in sympathy with the plunge in rival discount retailer Target Corp.’s stock TGT, -24.93% on the back of a big earnings miss. Walmart’s stock drop follows an 11.4% tumbled on Tuesday, after the company’s disappointing fiscal […]

May 19
FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission

Home News FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission Businesses required to prove they are carrying out the regulated activities they are permitted to or face losing this permission Failure to take action following two warnings will lead to cancellation of regulatory permission 28 days […]

May 19
Ichimoku Cloud Analysis 19.05.2022 (NZDUSD, XAUUSD, EURGBP)

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is rebounding from the bearish channel’s upside border. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. Early in May, there was a similar test of the cloud, which resulted in a further downtrend. The markets could indicate that the price may re-test […]

May 19
Japanese Candlesticks Analysis 19.05.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer reversal pattern not far from the support area. At the moment, the asset is reversing in the form of another correctional impulse. In this case, the upside correctional target may be the resistance level at 1840.00. At […]