News

Nov 01
EURNZD Wave Analysis – 1 November, 2022

• EURNZD broke key support level 1.7065 • Likely to fall to support level 1.6755 EURNZD recently broke through the key support level 1.7065 (which has been reversing the price from the start of October), intersecting with the 38.2% Fibonacci correction of the upward impulse from September. The breakout of the support level 1.7065 accelerated […]

Nov 01
Supreme Court rejects Sen. Graham’s bid to avoid grand jury testimony on Georgia election

The Supreme Court denied a request Tuesday by Republican Sen. Lindsey Graham of South Carolina to block a subpoena seeking his testimony as part of a Georgia probe into efforts by former President Trump to overturn the results of the 2020 election. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as […]

Nov 01
South Korean regulators aim to toughen crypto fraud punishments

The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023. 888 Total views 75 Total shares In the aftermath of the Terra collapse last spring, South Korean legislators intend to ramp up legislation, putting specific emphasis on the protection of investors in virtual assets — i.e. digital currencies […]

Nov 01
Amazon’s stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low

Shares of Amazon.com Inc. AMZN, -4.93% sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% over the past five days. That’s a touch better than the 19.50% drop suffered over the five sessions to May […]

Nov 01
Dow, S&P 500 and Nasdaq Composite fall, but bullish internals suggest the market of stocks is rising

While the Big 3 stock market indexes are all falling at at least 0.5%, readings of exchange data suggest the market of stocks is actually rising. The number of advancing stocks are outnumbering decliners by 1,804 to 1,077 on the New York Stock Exchange (NYSE) and by 2,220 to 1,658 on the Nasdaq exchange. And […]

Nov 01
Upstart eliminates 140 hourly jobs, stock rises after upbeat SoFi results

Upstart Holdings Inc. UPST, -3.80% has eliminated the positions of 140 hourly employees who processed loan applications, the financial-technology company disclosed in a filing with the Securities and Exchange Commission Tuesday. The company, which uses artificial intelligence to inform lending decisions, attributed the move to “the challenging economy and reduction in the volume of loans […]