The billionaire is alarmed by a problem that worries and scares away advertisers. Elon Musk is one of the most influential personalities on social media. The billionaire CEO of Tesla (TSLA) – Get Tesla Inc. Read more…
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s Read more…
Concerns over demand for Apple products and services caused an ugly day for Big Tech on Wall Street. Red, red, red: this was the color that prevailed on the stock display screens of Mega Tech Read more…
The S&P 500 will try to close out its worst September decline since 2008 in the green Friday, with stocks closely-tracking U.S. Treasury yields ahead of key inflation data. U.S. equity futures edged higher Friday Read more…
Market picture Bitcoin has remained in position for the past few days, trading at $19,500 on Friday morning. As in previous days, the attempt to sell the cryptocurrency following the stock market was met with Read more…
The Empire state is joining the Golden state in banning new gasoline-powered vehicles from being sold by 2035 in an effort to make EVs ubiquitous. New York State is joining California in banning all sales Read more…
Nike said it will take “decisive action to clear excess inventory” in the coming months, with markdowns set to pressure near-term profit margins for the sports apparel giant. Nike (NKE) – Get Nike Inc. Report shares Read more…
Stock futures bounce to close out brutal September trading; Inflation back in focus as Fed steps-up rate hike rhetoric; Nike shares crushed as inventory bloat set to hammer margins; Micron shares jump as Japan deal Read more…
The yen has been drifting for most of the week and the trend is continuing today. USD/JPY is almost unchanged at 144.32. Japanese data surprises on the upside Japan has released strong industrial production and Read more…
The Euro started a recovery wave from the 0.9550 zone against the US Dollar. The EUR/USD pair wave able to rise above the 0.9580 and 0.9600 resistance levels. There was close above the 0.9700 level Read more…