Volkswagen’s top executive admits being caught flatfooted by Tesla, but still wants to be the top EV seller. The tide is high, but Herbert Diess is holding on. The Volkswagen (VWAGY) – Get Volkswagen AG Read more…
One company — a name you don’t know — actually dominates the Las Vegas Strip. Investors should take notice. Las Vegas has a lot of big-name operators that grab the spotlight. Caesars Entertainment (CZR) – Read more…
Photo by James Bareham / The Verge Apple has announced that it’s discontinuing the iPod Touch, the last remaining model in its lineup of portable music players. In a news post on Tuesday, the company Read more…
Although the US Dollar Index reached its highest level yesterday since December 2002 at 104.18, the DXY has been consolidating near the 2017 highs at 103.82 since April 28th. This has allowed for the RSI Read more…
The AUDUSD edges higher from new 22-month low (0.6910) on Tuesday, as US dollar bulls lose pace and traders partially take profit after pair’s 4.2% loss in past three days. Overall picture remains bearish, as Read more…
The total return of the FTSE Nareit All Equity REITs index slumped 16.1% this year through May 9. Real estate investments in recent months have hit the skids amid rampant inflation, soaring interest rates and fears of Read more…
ECB Governing Council member Joachim Nagel said today, “as inflation in the euro area continues to run high, we need to act.” He expects the asset purchases to end in June and “will advocate a Read more…
GBPAUD suffered a very sharp decline in recent months, sinking to fresh 4-year lows. That said, the pair has rebounded and a double bottom pattern seems to have formed on the daily chart. Momentum indicators Read more…
The crypto market has lost almost $1.5 trillion since November. How long will the correction continue? Everywhere in the crypto market, there is red and a lot of pain. The neighbor, the friend, the girlfriend, Read more…
The British pound is in calm waters early in the week, as GBP/USD trades slightly above the 1.23 line. There are no major releases out of the UK or the US, which means that the Read more…