Latest Market News
Costco Wholesale Corp. COST, +3.10% said late Wednesday its April net sales rose 13.9% to $17.33 billion, from $15.21 billion in April 2021. Same-store sales rose 12.6%, the retailer said, with e-commerce sales up 5.7%. The month had one fewer shopping day as compared with last year’s thanks to the later-than-usual Easter holiday. That trimmed […]
The Financial and Consumer Services Commission (FCNB) is warning the public of scammers impersonating enforcement employees from FCNB. FCNB was made aware of the scam from a Nova Scotia resident, who received a telephone call from a person identifying themselves as Sam Henderson and a Karen Fherwood. Henderson and Fherwood falsely claimed to work for […]
Shares of Sunrun Inc. RUN, +6.10% rallied more than 10% in after-hours trading Wednesday after the residential solar company reported sales that were well above Wall Street estimates, even as quarterly losses came in wider than expected. Sunrun said it lost $87.8 million, or 42 cents a share, in the first quarter, compared with a […]
EURUSD continues trading near its lows; market players are waiting for the US Fed’s decisions. The major currency pair remains weak on Wednesday. The current quote for the instrument is 1.0518. So, the zero hour has come. The 2-day meeting of the US Fed will be over later today, which means that investors will finally […]
EURUSD, “Euro vs US Dollar” After finishing the correctional wave at 1.0655, EURUSD is forming a new descending structure to break 1.0407 and may later continue trading downwards with the target at 1.0373. GBPUSD, “Great Britain Pound vs US Dollar” Having completed the correctional wave at 1.2570, GBPUSD is falling to break 1.2444 and may […]
Type: Bearish ContinuationKey Levels:Resistance: 83’30Pivot: 82’45Support: 79’93Preferred Case:With price expected to reverse off the resistance of the ichimoku cloud, we see a potential bearish continuation from our pivot level of 82’45 which is in line with 38.2% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 79’93 which is in line with […]