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AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. The Relative Strength Index is moving within the ”oversold area”. In this case, the pair is expected to test 4/8 (0.6347), break it, and then continue growing […]

BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data. Source: Cointelegraph

General Electric Co. GE, -1.51% on Tuesday said it is filing a registration statement for the planned spin-off of its healthcare unit, part of the industrial giant’s effort to split into three separate public companies. Larry Culp, in a statement, said the move would give the segment, GE HealthCare, “greater focus and flexibility to serve […]

Oil futures declined on Tuesday, stretching their losses into a second straight session. Prices weakened with recession fears “running high,” said Phil Flynn, senior market analyst at The Price Futures Group. Worries about energy demand from China on the back of rising COVID-19 infections also contributed to price pressures, he said. U.S. benchmark West Texas […]

Shares of SunPower Corp. SPWR, -5.22% dropped 5.7% in afternoon trading Tuesday, after BofA Securities turned bearish, citing concerns over relative valuation and pricing pressures. Analyst Julien Dumoulin-Smith cut his rating to underperform from neutral and lowered his stock price target to $18 — 11.1% below current levels — from $22. The stock has outperformed […]

Wedbush on Tuesday initiated overage of five non-alcoholic beverage companies including Keurig Dr Pepper  KDP, +1.91%, The Coca-Cola Company  KO, +0.28%, PepsiCo  PEP, +0.43%, Monster Beverage Corp  MNST, -1.37%,  and Celsius Holdings  CELH, -4.05%. Wedbush said Keurig Dr Pepper is its top pick, with an outperform rating and a price target of $43 a share. […]