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Category: Cryptocurrencies

Cryptocurrencies

Stock Market Today – 5/4: Stocks Higher, With Fed In Focus, As Earnings Impress: Oil Surges On EU Russia Sanctions

Stocks are looking at a solid start to the session, thanks to a spate of bullish earnings, with investors focused on the Fed’s much-anticipated rate hike later this afternoon. U.S. equity futures moved higher Wednesday Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Moderna Stock Surges After Smashing Q1 Earnings Forecast, Affirming Vaccine Sales Forecast

“Today, we are reiterating our signed advanced purchase agreements for 2022 of $21 billion,” said CEO Stéphane Bancel. Moderna  (MRNA) – Get Moderna, Inc. Report shares surged higher Wednesday after the drugmaker posted much stronger-than-expected first Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Uber Posts Wider Q1 Loss, Says Driver Costs Won’t Blunt Solid Outlook

“Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. “Importantly, we expect this trend to continue without significant incremental incentive investments.” Uber Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

AMD Stocks Surges On Solid Q1 Earnings Beat, Bullish Chip Sales Outlook

“Our focus remains on the premium, gaming and commercial portions of the market where we see strong growth opportunities, and we expect to continue gaining overall client revenue share,” said CEO Lisa Su. Advanced Micro Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

USD/JPY Pair Formed a New Multi-Year High at 131.25

The US Dollar gained pace above the 130.00 resistance against the Japanese Yen. The USD/JPY pair even traded above 130.50 and formed a new multi-year high at 131.25. Recently, there was a downside correction below Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

CVS Health Tops Q1 Earnings Forecast, Boosts 2022 Profit Guidance On Aetna Strength

“Our strategy improves access to affordable, convenient and personalized health care, which benefits consumers and shareholders,.” said CEO Karen Lynch. CVS Health Corp.  (CVS) – Get CVS Health Corporation Report posted better-than-expected first quarter earnings Wednesday, Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

GBP/USD Outlook: Post-Fed Bearish Continuation is Likely Scenario, But Traders Remain Cautious

Cable is trading in a very quiet mode in early Wednesday, ahead of key event of the day – FOMC rate decision. The pair is holding at the lower side of the near-term consolidation range, Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Stocks Higher, Fed In Focus, Starbucks, AMD And Lyft – Five Things You Must Know

Stock futures higher ahead of fed, oil surges on EU Russia export ban; Fed in focus: rate hike path tested by slowing growth, asset price slump; Starbucks shares jump as north American sales offset China Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

EURGBP Portrays Feeble Bullish Tone, Broader Bias Neutral

EURGBP is trading between the supporting mid-Bollinger band and its capping upper Bollinger band, struggling to sustain its upside vibe north of its rising 50-period simple moving average (SMA). The 200-period SMA, which has stabilized Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Dollar’s Make-or-Break Point

The dollar is near the extremes of the world’s most popular currencies. The dollar index is near the peaks of March 2020 and January 2017. Investors and traders have pushed the dollar to a vital Read more…

By , 4 years ago May 4, 2022

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