UBS analyst Karl Keirstead warns of a “steep growth deceleration” for Microsoft’s flagship cloud division. Microsoft (MSFT) – Get Free Report shares moved lower Wednesday after analysts at UBS lowered their rating on the tech giant, Read more…
“The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions,” said CEO Marc Benioff. Salesforce (CRM) – Get Free Report shares jumped higher Wednesday after the enterprise software group Read more…
Stock futures edge higher with jobs, Fed in focus; Fed minutes may show rate path split as economy, inflation cools; GE HealthCare shares to begin trading on the Nasdaq; Microsoft slumps as UBS cuts rating, Read more…
Gold skyrocketed to a new seven-month high of 1,865, exiting from the medium-term ascending channel, suggesting that the recent uptrend is likely to stay in place for now. The RSI is standing in the overbought territory, while Read more…
NZDUSD turned bullish as expected after we spotted a completed five-wave bearish cycle within wave C back in October. Notice that the recent rise is much more extended and clearly by five waves up without Read more…
The first week of the new trading year tends to be very busy with data releases, but the market’s attention usually falls on the US employment report, non-farm payrolls in particular. The Canadian labour market statistics tend to stay Read more…
Natural gas futures (February delivery) have been in the red almost every single day since mid-December, having almost snapped the 2022 ascent to chart a new low of 3.88 on Tuesday. The price is currently Read more…
The former crypto king has pleaded not guilty to criminal fraud allegations leveled against him by federal prosecutors. This is a showdown that should not be missed. It will be a confrontation between federal prosecutors Read more…
Eurozone PMI Services was finalized at 49.8, in December, up from November’s 48.5. PMI Composite was finalized at 49.3, up from prior month’s 47.8. Looking at PMI Composite readings of some member states, Spain (49.9), Read more…
USDCHF experienced its fastest daily rally in a couple of months on Tuesday, advancing by 1.2% to chart an almost one-month high of 0.9397. Despite the strong bullish momentum, the price could not crawl back Read more…