Latest Market News

Aug 05
Goodyear Tire stock jumps nearly 5% after profit, sales rises above expectations

Shares of Goodyear Tire & Rubber Co. GT, -1.18% jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after […]

Aug 05
The cryptocurrency market digest (BTC). Overview for 05.08.2022

After several failed attempts, the BTC is trying to rise once again. As a result, major crypto has been “in the red” for seven consecutive trading sessions, and here’s another attempt to correct that. On Friday, the BTC is looking rather neutral and trading at $23,244. The struggle between bulls and bears continues as they […]

Aug 05
The Pound is busy consolidating. Overview for 05.08.2022

GBPUSD priced in the decisions of the Bank of England, but barely moved anywhere. The Pound Sterling is balancing against the USD after the August meeting of the British regulator. The current quote for the instrument is 1.2164. The Bank of England had another meeting yesterday and raised the benchmark interest rate to 1.75% (+50 […]

Aug 05
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 5161 Total views 19 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits […]

Aug 05
Carvana posts wider loss than expected but stock pops

Shares of Carvana Co. CVNA, -3.90% were rocketing 11% in after-hours trading Thursday, though the used-car retailer missed expectations with its second-quarter revenue and logged a larger loss than analysts were anticipating. Carvana recorded a net loss of $238 million, or $2.35 a share, whereas it posted net income of $22 million, or 26 cents […]

Aug 05
Live Cattle Futures (LE1!), H4 Potential For Bullish Momentum

Type: Bearish Drop Key Levels:Resistance: 141.125Pivot: 138.300Support: 135.900 Preferred Case:On the H4, with icpre moving along the ascending trendline and above ichimoku cloud, we have a bullish bias the price may rise from the pivot at 138.300, where the 78.6% fibonacci projection is to 1st resistance at 141.125, which is in line with the 78.6% […]