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Supermicro nosedive a symptom of inflated valuations in the ai era

Super Micro Computer Inc (NASDAQ:SMCI)'s startling 15% nosedive in pre-market trades demonstrates the pitfalls of hyper-inflated share valuations amid...

August 9, 2023, 9:03 am

Espn-penn sportsbook deal sends penn stock soaring; draftkings tumbles

Penn Entertainment soared late on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply....

August 8, 2023, 5:34 pm

Trouble in tinseltown: 3 entertainment stocks to sell before the curtain falls

By now, you've likely heard about ongoing strikes affecting entertainment stocks. After actors joined the writer picket lines, most entertainment stoc...

August 8, 2023, 4:53 pm

Alibaba, nio among china stocks falling amid downbeat economic data

U.S.-listed shares of Chinese companies were headed lower in Tuesday's premarket action after data showed exports falling...

August 8, 2023, 9:11 am

Aud/usd outlook: aussie dips as china’s trade decline sharply

China’s imports and exports plunged much faster than anticipated for July. July witnessed robust Australian business conditions. The RBA chose not t...

August 8, 2023, 8:43 am

Ups says its profit will fall after it reaches a teamsters deal. its stock is sinking sharply

UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wak...

August 8, 2023, 6:53 am

Audjpy wave analysis

AUDJPY reversed from pivotal support level 93.00 Likely to test resistance level 95.00 AUDJPY currency pair recently reversed up from the pivotal supp...

August 8, 2023, 4:12 am

Usd/jpy climbs on strong usd after last week’s us nonfarm payrolls data

USD/JPY advanced sharply during Monday’s North American session as the greenback strengthened amid a ...

August 7, 2023, 5:44 pm

Public storage short thesis: supply glut coincides with declining demand

The demand drivers for self-storage are hard to predict. Yet developers have extrapolated pandemic related demand growth to eternity. I think the sect...

August 7, 2023, 12:16 pm

Gold, silver down amid rising bond yields, hawkish fed-speak

(Kitco News) - Gold and silver prices are lower in midday U.S. trading Monday, with silver prices sharply ...

August 7, 2023, 12:09 pm

3 ‘strong buy' stocks you should be loading up on now

The stock market in 2023 is like night and day compared to last year. After rallying sharply from last ...

August 7, 2023, 5:44 am

Is digitalocean a bad news buy right now?

DigitalOcean stock fell sharply after management reported second-quarter earnings on Thursday, Aug. 3. ...

August 7, 2023, 5:27 am

Dollar dominates amid bond market turbulence; sterling and commodity currencies lag

Last week ended with Dollar taking center stage as the best performer, driven by significant turbulence in the bond markets that sent long-end yields<...

August 5, 2023, 12:34 pm

Bitcoin’s control over the crypto market dropped, ethereum’s share doubled in 2021

The gains from the rising price of bitcoin go to a disproportionately small group of investors, according to a new NBER study. Bitcoin’s lot in the ...

August 5, 2023, 11:14 am

Usd/jpy turns back to bearish mode from resistance

USDJPY turned sharply down from projected resistance as we warned about on July 31. Well, A-B-C correct...

August 4, 2023, 2:42 pm

Weekly news summary for july 28 to august 3

Weekly news summary for July 28 to August 3 Friday, Jul. 28: Japan Bond Yields Hit Top End of BOJ’s Yield Range Japanese government bond yields...

August 4, 2023, 12:36 pm

Domestic equities gain after three days

Domestic equities saw some respite after witnessing selling pressure for three consecutive days on the back of India’s services activity rising...

August 4, 2023, 11:44 am

Pound sterling: gbp recovers vs dollar, firm against euro

GBP/USD dipped sharply to 4-week lows below 1.2625 after the decision with GBP/EUR also sliding to 1-we...

August 4, 2023, 9:44 am

Earnings results: fortinet leads cybersecurity stocks sharply lower after warning of deal delays

Fortinet saw an “unusually large volume of deals” pushed out beyond the June quarter, its chief financial officer said Thursday. Read Full Story T...

August 4, 2023, 12:59 am

Gilead quarterly profit falls on covid sales drop, legal settlement charge

Gilead Sciences on Thursday reported lower second-quarter profit as costs from a legal settlement and sharply ...

August 3, 2023, 4:05 pm


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