Tesla CEO Elon Musk has issued an apology to his staff for a major mistake. After Tesla laid off about 14,000 employees earlier this week, which equates to a 10% reduction in its workforce, Musk Read more…
One of the biggest puzzles in modern retail has been trying to figure out how to attract formerly invigorated shoppers back through the doors (whether physical or virtual) of legacy mall retailers. These once-popular stores Read more…
Netflix has been one of the stock market’s brightest shining stars. Over the past 20 years, its business has morphed from delivering movie DVDs to subscribers through the mail into the world’s largest digital media Read more…
EUR/USD edged lower to 1.0601 last week but turned sideway since then. Initial bias remains neutral this week for consolidations. Upside should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the Read more…
USD/JPY rose further to 154.77 last week but retreated since then. Initial bias stays neutral this week first. Break of 154.77 will resume larger up trend. But considering bearish divergence condition in 4H MACD, strong Read more…
GBP/USD’s decline from 1.2892 continued lower last week despite interim recovery. Initial bias is on the downside this week for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354. Firm break there will target Read more…
USD/CHF edged higher to 0.9151 last week but turned sideway since then. Initial bias stays neutral this week for more consolidations. But further rally is expected as long as 0.8996 support holds. Break of 0.9151 Read more…
Wall Street may face its biggest test of the year in the week beginning April 22, with investors facing a challenging phalanx of earnings, economic data, geopolitical risks, and the market grappling with fading sentiment Read more…
AUD/USD fell to as low as 0.6361 last week as down trend resumed, but recovered since then. Initial bias is turned neutral this week for consolidations first. Upside should be limited by 0.6480 support turned Read more…
USD/CAD edged higher to 1.3845 last week but retreated since then. Initial bias remains neutral this week and more consolidations could be seen. Downside should be contained by 1.3660 support to bring another rally. On Read more…