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Wti oil futures consolidate near 3-month peak
WTI oil futures (September delivery) have been in a steady uptrend since late June, crossing above both the 50- and 200-day simple moving averages (SM...
July 27, 2023, 8:38 am
Eur/usd forecast: showing signs of recovery
The eur/usd displayed a mild rally during Wednesday’s trading session as market participants eagerly awaited the Federal Reserve’s announcement la...
July 27, 2023, 8:29 am
Airbus ceo says europe is failing to work together on defense despite 'new threats'
The head of the world's biggest planemaker tells CNBC European countries are failing to show "unity in ...
July 27, 2023, 8:03 am
Annaly capital: q2 2023 shows rapid erosion of distributable earnings
Annaly's most watched metric has been falling like a lead balloon. This quarter, EAD missed by 2 cents but more importantly fell by 9 cents from the p...
July 27, 2023, 7:49 am
5 things to know before markets open
Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP i...
July 27, 2023, 7:45 am
The streaming stock to hold as hollywood strikes
Netflix has a large global production operation that could help offset disruptions in the U.S. Many of its shows and films developed for specific over...
July 27, 2023, 7:45 am
German gfk consumer climate shows gloomy spending outlook
The German GfK Consumer Climate Indicator recovered July’s losses. However, the propensity to buy indicator will be a concern for the ECB. The post ...
July 27, 2023, 6:13 am
Ev showdown: why lucid's risky bid to take on tesla won't end well
Lucid Group (NASDAQ: LCID ) stock faces significant challenges as its CEO plans to take on Tesla (NASDAQ: TSLA ), raising concerns for investors. Desp...
July 27, 2023, 6:10 am
Technical outlook and review
DXY: The DXY instrument is currently showing a bearish overall momentum. It’s predicted that the price could potentially make a bearish reaction off...
July 27, 2023, 5:46 am
Dollar clung to gains with central banks in focus
The dollar clung to gains against the euro on Monday after recent economic data showed a stronger U.S. economy and a slowing euro zone. Read Full Stor...
July 27, 2023, 3:44 am
Meta's ad revenues continues rebound but snap lags
Meta ad revenue continues to show signs of recovery, although the same cannot be said for Snap. Former...
July 27, 2023, 3:42 am
Qqqm: more upside is ahead
The Invesco NASDAQ 100 ETF has seen a year-to-date gain of 42%, raising concerns of an overbought market, but market fundamentals suggest stocks still...
July 27, 2023, 3:38 am
More on usd/jpy volatility surge - protection being sought against a boj tweak surprise
FX options pricing is showing a market that is growing wary that the Bank of Japan will tweak policy on Friday. Higher option prices shows the market ...
July 27, 2023, 3:12 am
Centene: results impress but buyers aren't swarming yet
Centene Corporation's share price has been declining, but with a p/e of 10, there seems to be a limited downside. The company has grown its membership...
July 26, 2023, 9:44 pm
Target: optimistic consumers pulling back, retail earnings on tap, shares a hold
The July Consumer Confidence report showed high optimism, but retail sales figures show a negative annu...
July 26, 2023, 9:34 pm
Dollar slips as the fed is most likely done
Fed swaps show only an 18% chance of a hike in September (under 50% for November) FOMC to take data-dep...
July 26, 2023, 7:17 pm
Vaalco energy: strong balance sheet, an earnings recovery likely, key support in play
The Energy sector is the best performer in the S&P 500 in July, with small oil and gas firms showing relative strength. VAALCO Energy is recommended f...
July 26, 2023, 6:42 pm
Stock indices in negative territory ahead of fomc
As the Fed decision looms at the top of the hour, the major indices are trading lower led by the NASDAQ index. The Dow is down marginally. A close low...
July 26, 2023, 5:51 pm
Imax ceo says weekend box office shows “paradigm shift” in moviegoing: revenue jumps, company swings to profit in q2
Imax blew past Wall Street forecasts with sales up 32% at $98 million for the second quarter ended in June. Adjusted EPS was 26 cents a share – up 2...
July 26, 2023, 4:35 pm
Samsung shows off latest foldable smartphone, challenging apple
Samsung Electronics released its latest foldable smartphone on Wednesday, at roughly the same price for the third year in a row as the company takes a...
July 26, 2023, 3:40 pm