Every day, it seems another electric vehicle manufacturer is launching, revealing or unveiling their latest model to compete with Tesla’s best-selling car in the world, the Model Y crossover sports utility vehicle. Chinese EV maker BYD Read more…
AUDUSD is holding within a near-term sideways mode after larger rally stalled at strong resistance zone at 0.6582/87 (50% of 0.6894/0.6270 / 200DMA) but subsequent weakness was short-lived as Aussie dollar received fresh support from Read more…
EURGBP erases last week’s bounce Technical signals are mixed Selling pressures might intensify below 0.8780 EURGBP switched to losses, falling back below its 20-day simple moving average (SMA) after an unsuccessful three-day battle around the Read more…
Yesterday’s news from the FOMC is unlikely to have much impact on participants’ views that the Fed’s tightening cycle is over. According to published protocols: → The Fed will act cautiously; → all FOMC participants Read more…
Nvidia (NVDA) – Get Free Report shares nudged higher in early Wednesday trading after the AI chipmaker blasted Street earnings forecasts but cautioned that new U.S. restrictions on tech exports would lead to a “significant” hit Read more…
Deere & Co (DE) – Get Free Report posted stronger-than-expected fourth quarter earnings Wednesday, but forecast disappointing full-year profits in an echo of slowing international demand indicated by its larger rival Caterpillar (CAT) – Get Free Read more…
OpenAI founder Sam Altman, who was ousted by the board late last week under mysterious circumstances, will return to the helm of the AI market leader following a dizzying five-day drama that threatened the collapse Read more…
Check back here all day with live updates. U.S. equity futures nudged higher Wednesday, while Treasury yields slipped lower and the dollar steadied, as investors looked to revive Wall Street’s November rally into the Thanksgiving Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. I’m lucky to have the opportunity to try out a lot Read more…
RBA Governor Michele Bullock, in a speech, emphasized the changing nature of the inflation challenge facing Australia, noting its increasing shift towards being “homegrown and demand driven.” This distinction is crucial as it significantly influences Read more…