Meta CEO Mark Zuckerberg is admitting to missteps in a newly leaked memo, following the company’s significant workforce changes over the past year as it pours billions of dollars into developing artificial intelligence infrastructure. These Read more…
Every month, Bank of America surveys some of the world’s largest institutional investors to build a picture of how professional money managers see the global economy. The latest edition of that survey landed with a Read more…
US retail sales rose 0.9% mom to USD 763.7B in May, comfortably exceeding expectations of 0.5% mom and accelerating from the previous month’s 0.4% mom. The gain suggests that consumer spending remained resilient despite elevated 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. Why we love this collection The official start to summer is Read more…
Amazon’s growth over the past three decades has been phenomenal. The company initially started out selling books online at the start of the internet boom in the mid-1990s, but its online marketplace now offers millions Read more…
Range trading continues in EUR/USD and intraday bias stays neutral. Risk will stay on the downside as long as 1.1685 resistance holds. Break of 1.4990 will resume the fall from 1.1848 to retest 1.1408 low Read more…
Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 159.54 will extend the fall from 160.58 short term top to 38.2% retracement of 155.01 to 160.58 at 158.45. However, decisive Read more…
Intraday bias in GBP/USD remains neutral at this point, as range trading continues. Risk will stay mildly on the downside as long as 1.3508 resistance holds. Firm break of 1.3300 will resume the decline from Read more…
USD/CHF is still holding above 0.7906 resistance turned support. Intraday bias remains neutral and further rise is still in favor. Above 0.8012 will bring retest 0f 0.8041 high. Firm break there will resume the rise Read more…
Intraday bias in AUD/USD is turned neutral with current retreat. Some consolidations would be seen. Fall from 0.7277 might have completed as a three wave correction at 0.6977. Above 0.7087 will target 0.7200 resistance. On Read more…