Daily Pivots: (S1) 114.19; (P) 114.83; (R1) 115.28; More… USD/JPY’s break of 114.26 resistance turned support now argues that rise from 112.52 is already finished. Intraday bias is on the downside for 112.52 support. Also, Read more…
Has Elon Musk been trolling everyone when it comes to his company’s odd-looking take on an electric vehicle (EV) truck? Tesla’s TSLA Cybertruck has always seemed like a bit of a goof and Tesla CEO Read more…
The New Zealand dollar has posted gains for a third straight day. Early in the North American session, NZD/USD is trading at 0.6886, up 0.56% on the day. The currency is on a tear, rising Read more…
Ford, and it’s larger rival GM, could see gains from a report that suggests Tesla’s much-hyped Cybertruck may not be ready for production this year. Updated at 9:50 am EST. Ford Motor Co (F) – Read more…
Virgin Galactic is going where other borrowers have indeed gone before, with plans to raise up to $500 million in debt to continue its efforts to take tourists into space. One might call it a Read more…
Nigeria had blocked Twitter for 222 days after the microblogging network deleted a tweet by the country’s president. Nigerians can tweet again without fear of repercussions. The Nigerian government on Jan. 13 lifted the ban Read more…
Daily Pivots: (S1) 1.3646; (P) 1.3680; (R1) 1.3737; More… GBP/USD’s rise from 1.3158 is in progress and hits as high as 1.3746 so far. Intraday bias remains on the upside for 1.3833 resistance first. As Read more…
Dollar remains overwhelmingly the worst performer today, as selloff extends. There is little support from hawkish Fedspeaks, with some officials expressing openness to four rate hikes this year. Commodity currencies continue to be the biggest Read more…
That’s unlikely for a culture built on the ideas of think huge, break things, and fake it ‘til you make it. But Holmes may well see jail time. As the world (well at least some Read more…
Aron sold another $7.1 million worth of shares, bringing the total he’s dumped to $40 million over the past three months. AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report head Adam Aron Read more…