I’ve watched plenty of companies chase a hot trend and spend their way into trouble. The story usually looks thrilling on the way up and painful on the way down. Oracle is the latest name 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 deal If there’s one luxury item you Read more…
Gold’s near-5% collapse last week has extended into the new week, with selling pressure accelerating as investors continue to reprice the global interest rate outlook. The precious metal is now approaching a critical test, with Read more…
Markets Since the conflict in the Middle East, eco data were almost ‘by definition’ considered outdated as markets try to assess the impact of higher energy prices and other supply disruptions as the conflict developed. Read more…
In focus today In the euro area, the June Sentix investor confidence index is released today. Markets look for an improvement to -14.6 (May: -16.4), extending last month’s positive momentum, although sentiment remains pessimistic amid Read more…
Key Takeaways AI-driven equities face their biggest setback in months. A sharp selloff in semiconductor and technology stocks, triggered by valuation concerns and disappointing guidance from key AI-related companies, has halted the nine-week Wall Street Read more…
Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected Read more…
Japan’s economic expansion in Q1 was weaker than initially estimated, as a sharp downward revision to corporate investment offset improvements in consumption and trade. Revised government figures showed real GDP grew at an annualized 1.8% Read more…
Key Highlights EUR/USD started a major decline below 1.1600 and 1.1580. It traded below a contracting triangle with support at 1.1595 on the 4-hour chart. GBP/USD is again moving lower from the 1.3500 resistance zone. Read more…
For most of the week, markets continued their recent trends. Equities and the U.S. dollar moved higher, while oil traded mostly sideways as traders watched developments around Iran. Bitcoin was the most volatile market and Read more…