The automaker looks to kick gasoline cars to the curb as it competes with Tesla and Ford. Volkswagen (VWAGY) – Get Volkswagen AG Report is revving up its plans to compete with the likes of Tesla Read more…
Fed Chair Powell says the economy can withstand a series of rate hikes this year without tipping into recession. The bond market isn’t so sure. Federal Reserve Chairman Jerome Powell left little doubt in the Read more…
The Japanese yen’s downswing is turning into a rout. USD/JPY has climbed a massive 1.16% today and briefly punched across the 121 line earlier in the day. Yen’s slide continues The yen has extended its Read more…
Wall Street points higher on Tuesday, paring yesterday’s losses after a more hawkish Fed and as oil prices steady. US futures Dow futures +0.25% at 34690 S&P futures +0.2% at 4470 Nasdaq futures +0.01% at Read more…
Ark also bulked up on biotech stocks. All the stocks Wood bought and sold have slumped over the past six months. Investment manager Cathie Wood, chief executive of Ark Investment Management, was active buying and Read more…
Daily Pivots: (S1) 156.63; (P) 157.08; (R1) 157.77; More… GBP/JPY’s firm break of 158.19 resistance confirms resumption of larger up trend from 123.94. Intraday bias stays on the upside. Next target is 61.8% projection of Read more…
Daily Pivots: (S1) 0.8346; (P) 0.8381; (R1) 0.8401; More… EUR/GBP’s break of 0.8358 minor support suggests that rebound from 0.8201 has completed at 0.8456, ahead of 0.8476 resistance. Intraday bias is back on the downside Read more…
Daily Pivots: (S1) 0.7374; (P) 0.7400; (R1) 0.7425; More… AUD/USD’s break of 0.7440 resistance indicates resumption of rebound from 0.6966. Intraday bias is back on the upside for 0.7555 resistance. Decisive break there should confirm Read more…
Daily Pivots: (S1) 119.21; (P) 119.36; (R1) 119.61; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 100% projection of 109.11 to 116.34 from 114.40 at 121.63 Read more…
Photo by Amelia Holowaty Krales / The Verge I told you I was gonna sob over that new MUNA song. I didn’t lie. Now, more non-lies! Aka news! But first, here’s Jake with something to Read more…