Fast Facts Wells Fargo analyst lowers Tesla’s stock rating to underweightTesla stock has slumped to a 10-month lowWedbush analysts, however, have an optimistic take Once the darling of the Magnificent 7, Elon Musk’s Tesla (TSLA) Read more…
NIESR forecast UK GDP to grow by 0.3% in Q1, aligns with a pattern of “low, but stable economic growth,” suggesting a potential “turning point” for the nation after slipping into a technical recession in Read more…
Tesla (TSLA) shares slumped to a 10-month low Wednesday, extending their year-to-date decline past $240 million, after analysts warned that gathering headwinds in the global electric-vehicle market could put its status within the so-called Magnificent Read more…
Eurozone industrial production fell -3.2% mom in January, much worse than expectation of -1.0% mom. Production increased by 2.6% for intermediate goods, increased by 0.5% for energy, decreased by -14.5% for capital goods, decreased by Read more…
EURGBP gets rejected near 50-day SMA after rebound Market structure develops into a bullish double bottom pattern Buyers need a rally above 0.8577 to dominate EURGBP could not surpass its 50-day simple moving average (SMA) Read more…
AUDUSD is holding within a narrow range around 0.6600 handle on Wednesday, after the pullback in past three days started to run out of steam. Tuesday’s long-legged Doji signaled indecision and hinting that corrective phase Read more…
Market picture The crypto market rose another 0.5% over the past 24 hours to $2.75 trillion. The Cryptocurrency Fear and Greed Index remained at 81 (extreme greed). But the past day was not a quiet Read more…
Yesterday important data on inflation in the United States was published. It caused a significant spike in volatility in financial markets, even though the values were in line with expectations. CPI in monthly terms: actual Read more…
An update is scheduled for the Ethereum network today, approximately at 16:55 GMT+3. The update is called Dencun and is the biggest code change since April 2023, when the Shapella update was implemented. Dencun aims Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Wednesday, while the dollar held steady against its global peers and Treasury yields resumed their recent climb, as investors navigated though yesterday’s Read more…