Latest Market News
Stocks opened lower Friday, weighed down as shares of Amazon.com Inc. AMZN, -14.05% and Apple Inc. AAPL, -3.66% lost ground after quarterly updates. The Dow Jones Industrial Average DJIA, -2.77% fell 90 points, or 0.3%, at 33,826,leaving it on track for a 2.5% monthly fall. The S&P 500 SPX, -3.63% was down 0.7% at 4,256, […]
One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency. Bitcoin price failed to hit the long-predicted $100,000 level in 2021 and many crypto analysts now find themselves wondering about the outlook […]
Shares of Novavax Inc. NVAX, +1.81% jumped 10.8% in trading on Friday after the Food and Drug Administration announced that an advisory committee is set to meet June 7 to examine the benefits and risks of the company’s experimental COVID-19 vaccine. Novavax’s protein-based vaccine has been authorized in several countries, including by the U.K. and […]
The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest intraday drop since 2014 after uncertainty over the U.S. Federal Reserve’s tightening measures […]
Cowen Inc. COWN, -0.44% rose 5.8% on Friday after the investment bank and brokerage company said its first-quarter net income fell to $33.3 million, or $1.05 a share, from $145.8 million, or $4.34 a share in the year-ago quarter. Adjusted profit totaled $1.35 a share in the latest quarter. First-quarter revenue dropped to $364.1 million […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new correctional impulse. In this case, the upside correctional target may be at 1.0575. However, an alternative scenario […]