Latest Market News

Nov 02
Elf Beauty stock up 9% after earnings top views, outlook raised

Shares of Elf Beauty Inc. ELF, -4.67% rose nearly 9% in the extended session Wednesday after the beauty products maker blew past fiscal second-quarter earnings expectations and raised its outlook for fiscal 2023. Elf earned $11.7 million, or 21 cents a share, in the quarter, compared with $5.7 million, or 11 cents a share, in […]

Nov 02
Ichimoku Cloud Analysis 02.11.2022 (GBPUSD, USDCAD, AUDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1485 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce off […]

Nov 02
Forex Technical Analysis & Forecast 02.11.2022

EURUSD, “Euro vs US Dollar” The pair bounced off 0.9952 downwards. It may fall deeper to 0.9820. After this level is reached, a wave of growth to 1.0094 might begin. GBPUSD, “Great Britain Pound vs US Dollar” The pair completed a wave of correction to 1.1438. Today the market is forming a structure of growth […]

Nov 02
Bitcoin price hits $20.8K as volatility ensues over Fed 75-point rate hike

The Fed acted as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up. 1938 Total views 29 Total shares Bitcoin (BTC) saw instant volatility on Nov. 2 as the United States Federal Reserve enacted a fourth consecutive 0.75% interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed hints […]

Nov 02
Costco October sales rise nearly 8%

Costco Wholesale Corp. COST, -3.29% said late Wednesday its October sales rose 7.7% to $17.7 billion, from $16.47 billion in October 2021. Same-store sales in the U.S. rose 9.2%, while same-store sales in international markets excluding Canada dropped 5.4%, the retailer said. Shares of Costco fell 0.2% after the news and ended the regular trading […]

Nov 02
Cardlytics stock cut in half amid ‘continued uncertainty’ from advertisers

Cardlytics Inc. shares CDLX, -53.41% ended Wednesday’s session down 53% after the company, which provides marketing solutions, delivered a forecast that fell well short of what analysts had been expecting. JPMorgan analyst Doug Anmuth wrote following the Tuesday afternoon report that Cardlytics guided for a roughly 6% year-over-year decline in fourth-quarter revenue at the midpoint, […]