Latest Market News
Align Technology Inc. ALGN, -0.24% stock fell more than 22% in the extended session Wednesday after the maker of Invisalign aligners and other orthodontic products missed first-quarter expectations, saying that the quarter was “tougher than expected” as “COVID lockdowns, weaker consumer confidence, inflationary pressures, and the Russia/Ukraine conflict have created headwinds.” Align said it earned […]
A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.” 1359 Total views 6 Total shares Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees. According to a Wednesday report from […]
LendingClub Corp. LC, -0.65% shares rose more than 20% in the extended session Wednesday after the lending and banking company swung to a first-quarter profit. LendingClub said it earned $40.8 million, or 39 cents a share, in the quarter, reversing a loss of $47.1 million, or 49 cents a share, in the year-ago quarter. Revenue […]
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 rising impulse. In this case, the upside target may be the resistance level at 1925.50. At the […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0667 and then forming a new consolidation range above this level, EURUSD has broken it to the downside; right now, it is falling towards 1.0580. After that, the instrument may start a new correction with the target at 1.0757. GBPUSD, “Great Britain Pound vs […]
Ethiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The government announced an ambitious plan to invest $40 billion in building new infrastructure to produce […]