Eli Lilly LLY posted better-than-expected third quarter earnings Thursday thanks to the ongoing surge in sales for its Mounjaro anti-obesity drug that offset a slump in revenues for its legacy diabetes treatment Trulicity. Shares in the group Read more…
Apple Inc AAPL shares moved higher in pre-market trading ahead of its fourth quarter earnings after the closing bell, with investors likely focused on the tech giant’s outlook for holiday sales of its signature iPhone amid suggestions Read more…
Gold pulls back to rest near 1,985 key zone Daily oscillators detect slowing upside momentum A break lower could signal the metal’s return within a broader range Gold has been in a retreat mode since Read more…
Market picture The cryptocurrency market rose on Wednesday, gaining fresh buying impulse after the Fed’s comments. Total market cap exceeded $1.30 trillion (+2.6% in 24 hours) and reached $1.32 trillion at the start of the Read more…
Starbucks SBUX posted better-than-expected fourth quarter earnings Thursday, powered by a solid U.S. sales and ticket price increases in the U.S., sending shares sharply higher in pre-market trading. Starbucks said non-GAAP earnings for the three months ending Read more…
Before Tesla TSLA shares took their beating in the latter half of this year, the stock was soaring, in part due to an ongoing series of partnerships made with Tesla to grant an ever-lengthening number of Read more…
Eurozone’s PMI Manufacturing reading for October was finalized at 43.1, a slight decline from September’s 43.4. A closer look at individual countries, notably, Germany, Europe’s largest economy, posted a five-month high, though it still lurks Read more…
U.S. equity futures extended gains Thursday, while Treasury yields and the dollar retreated, as markets begin to fully digest the impact of yesterday’s Federal Reserve rate decision and the prospect of an end to the Read more…
Three key technical developments have suggested that the EUR/GBP cross pair has formed a potential medium-term bullish basing configuration since 23 August 2023 Watch the key short-term support at 0.8680. Immediate resistances stand at 0.8750 Read more…
GBPUSD slightly higher today as market digests Fed meeting It tests again the July 14 aggressive descending trendline Momentum indicators remain muted ahead of next key event GBPUSD is trading slightly higher, testing the resistance set Read more…