Latest Market News
EURUSD, “Euro vs US Dollar” EURUSD is testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9760 and then resume moving upwards to reach 1.0085. Another signal in favour of a […]
The Ethereum netflow chart shows that the spike in exchange flows often comes when the price of ETH is trading at a short-term or long-term low. 1574 Total views 36 Total shares The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is […]
Stocks extended gains Tuesday after data showed a drop in U.S. job openings. The Dow Jones Industrial Average DJIA, +2.60% was up around 735 points, or 2.5%, bringing its gain to 5.3% over the past two days. That would be the largest two-day percentage rise for the blue-chip gauge since at least the two-day period […]
Shares of FedEx Corp. FDX, +2.80% climbed 3.0% in premarket trading Tuesday, after the package delivery giant announced a $1.5 billion accelerated share repurchase (ASR) agreement with Morgan Stanley. The ASR, which represents 3.8% of FedEx’s market capitalization of $39.41 billion as of Monday’s close, is expected to be completed before the end of the […]
Shares of Vir Biotechnology Inc. VIR, +6.86% were up 10.2% in premarket trading on Tuesday after the company said it received a contract from the U.S. government that is worth up $1 billion to develop treatments for the flu and other “infectious disease threats.” As part of the agreement, the Biomedical Advanced Research and Development […]
Odeon Capital Group analyst Richard Bove on Tuesday reiterated a buy rating on Truist Financial Corp. TFC, +1.85% and said the bank’s role as leading lender in Fort Myers, Fla., will position it to play a role in the rebuilding effort for Hurricane Ian. “It is in the right place at the right time to […]