Nike stock rallied on the earnings report but faded from the highs. Here’s why as it hits a key area on the chart. Shares of Nike (NKE) – Get NIKE, Inc. Class B Report are up Read more…
Dozens of game developers are stepping up to raise financial support for Ukraine. It’s been almost a month since Russia launched its invasion on its Ukrainian neighbor, stomping in at the behest of Russian President Read more…
The latest PMI business surveys on Thursday will reveal how much damage the war has inflicted on the Eurozone economy. The show will get started with the French numbers at 08:15 GMT. Forecasts from economists Read more…
US markets shrug off rising yields Ukraine ceasefire optimism Disparity in FX US markets shrug off rising yields US stocks extended their gains on Tuesday, following a positive session in Europe. Optimism over a ceasefire Read more…
BTC changed a little on Monday, ending the day around $41.3K. However, in early trading on Tuesday, we saw a jump of more than 5% to $43.3K; then the first cryptocurrency sunk to $42K. Over Read more…
The Japanese yen has fallen for the third week in a row, and the amplitude of this decline has become rather scary on Tuesday. It seems yen traders’ stop-lines have been blown as the markets Read more…
The sneaker giant has shaken up its business model and the risk appears to be worth it. Cool sneaker maker Nike’s (NKE) – Get NIKE, Inc. Class B Report big bet to consciously move away from Read more…
US 10-year yield gaps up today and it’s trading up 0.068 at 2.383 at the time of writing. An immediate focus is 100% projection of 1.343 to 2.065 from 1.682 at 2.404. Sustained break there Read more…
Markets Today, investors still weighed the consequences Fed Chair Powell’s hawkish comments flagging a 50 bps rate hike in May and, why not, maybe also in June. Even after yesterday’s sharp rise in the US Read more…
Detroit giant GM, led by CEO Mary Barra, is on the offensive in the race for vehicle electrification. The race for electric vehicles is intensifying every day, with multiple announcements coming from legacy automakers as Read more…