Latest Market News

Apr 19
Blend Labs to cut 10% of its workforce

Shares of Blend Labs Inc. BLND, +0.85% were little changed in morning trading Tuesday, after the San Francisco-based banking software company disclosed that it will cut 200 jobs, or about 10% of its workforce, as part of its plan to cut costs and “better align its operating structure with its business activities.” The company said […]

Apr 19
Lockheed Martin stock drops after profit beat expectations but sales falls short

Shares of Lockheed Martin Corp. LMT, -0.05% dropped 2.9% in premarket trading Tuesday, after the aerospace and defense contractor reported first-quarter profit that beat expectations but sales that fell well short, as all four of its business segments missed expectations. Net income fell to $1.73 billion, or $6.44 a share, from $1.84 billion, or $6.56 […]

Apr 19
The Aussie might take a break from falling. Overview for 19.04.2022

AUDUSD is slowing down its decline in response to the RBA Meeting Minutes. The Australian Dollar is taking a break from falling against the USD. The current quote for the instrument is 0.7389. Earlier today, the Reserve Bank of Australia released its latest Meeting Minutes, which provided the Aussie with serious support. The Australian currency […]

Apr 19
Ichimoku Cloud Analysis 19.04.2022 (EURUSD, XAUUSD, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from Tenkan-Sen at 1.0781; it is testing the downside border of a large Triangle pattern. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0835 and then resume moving […]

Apr 19
Dollar extends rally against beleaguered Japanese yen

The U.S. dollar USDJPY, +1.05% on Tuesday continued to rally against the Japanese yen, fetching 128.33 yen versus 126.99 yen on Monday. The greenback is up 11% this year against its Japanese counterpart. “The losses in the yen have snowballed into an avalanche, with the currency getting buried under the weight of monetary policy divergence […]

Apr 19
Foot Locker subsidiary Champs Sports launching new format equipped with a basketball court and other attractions

Champs Sports said Monday that it will launch the first Homefield location in Pembroke Pines, Fla., between April 22 and April 24. This Champs Sports Homefield will span more than 35,000 square feet and offer amenities like a full basketball court, a multi-sport court and a wide array of gear across running, yoga, baseball and […]