News

Jun 27
JD.com shares gain as Prosus stock sale removes ‘big overhang’

U.S.-listed shares of JD.com Inc. JD, +4.05% were rallying about 4% in Monday morning trading after Dutch internet holding company Prosus NV PRX, +15.47% disclosed that it sold its stake in the Chinese e-commerce company for $3.7 billion. “This was a big overhang that investors were avoiding JD on long side, but now that it […]

Jun 27
EUR: another attempt to rise. Overview for 27.06.2022

Early in the week, EURUSD is trying to grow but the prospects are rather questionable. The major currency pair is trying to rise on Monday. The current quote for the instrument is 1.0583. There aren’t too many important statistics on Monday. However, the European Central Bank Governor Christine Lagarde will speak later today. This is […]

Jun 27
The cryptocurrency market digest (BTC, DOGE, XRP). Overview for 27.06.2022

The BTC is moderately growing at the beginning of the new week. The leading cryptocurrency is balancing at $21,409. Yesterday buyers were more optimistic, but the level of $21,900 turn out to be firm. While stock market indices are favourable, there are serious chances for the continuation of this timid growth, as long as it […]

Jun 27
Gold prices rise amid moves to ban Russian exports

Gold prices rose more than 9 dollars, during trading today, Monday, June 27, 2022; News of some Western countries’ plans to formally ban imports of the metal from Russia due to its invasion of Ukraine sparked interest in the precious metal. Four of the wealthy Group of Seven nations moved to ban Russian gold imports […]

Jun 27
Dogecoin price could rally 20% in July with this bullish reversal pattern

Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: […]

Jun 27
Carnival stock pulls back after Stifel analysts slashes price target to incorporate a recession

Shares of Carnival Corp. CCL, +12.44% CCL, +3.44% fell 0.7% in premarket trading Monday, after Stifel Nicolaus analyst Steven Wieczynski “drastically” lowered his estimates to take account for the negative effects of a potential recession on the cruise operator. The stock pulled back after soaring 12.4% on Friday on the back of an upbeat business […]