The Arena Group, the publisher of Sports Illustrated, and owner of TheStreet and Parade Media estimated that first-quarter gross profit tripled. The Arena Group (AREN) – Get Arena Group Holdings, Inc. Report, the tech-driven media Read more…
Dollar’s broad based rally continues into US session. The unexpected contraction of Q1 US GDP might give the greenback a little jitter. But it’s unlikely to alter the up trend for now. As for today, Read more…
US initial jobless claims dropped -5k to 180k in the week ending April 23, slightly above expectation of 178k. Four-week moving average of initial claims rose 2k to 180k. Continuing claims dropped -1k to 1408k Read more…
Surging inflation, supply chain disruptions and chip shortages may have hit Apple’s product sales over the March quarter, but iPhone demand is expected to remain firm. Apple (AAPL) – Get Apple Inc. Report shares moved higher Read more…
US GDP unexpectedly contracted -1.4% annualized in Q1, much worse than expectation of 1.1% growth. That’s also the first contraction reading since Q2 2020. The decrease in real GDP reflected decreases in private inventory investment, Read more…
As the balance sheet’s name implies, assets must be equal to liabilities plus shareholders’ equity. Canva What Is the Balance Sheet? The balance sheet lists a company’s assets, liabilities, and shareholders’ equity–all of which show Read more…
“In light of the proposed transaction with Mr. Musk, Twitter will not be hosting a conference call, issuing a shareholder letter, or providing financial guidance,” the company said. Twitter (TWTR) – Get Twitter, Inc. Report posted Read more…
Daily Pivots: (S1) 160.04; (P) 160.72; (R1) 161.78; More… GBP/JPY’s break of 163.67 minor resistance suggests that pull back from 168.40 has completed at 159.59 already. Intraday bias is back on the upside for retesting Read more…
Daily Pivots: (S1) 134.89; (P) 135.53; (R1) 136.26; More…. EUR/JPY’s break of 137.52 minor resistance argues that pull back from 139.99 has completed at 134.76 already. Intraday bias is back on the upside for retesting Read more…
Daily Pivots: (S1) 1.0498; (P) 1.0577 (R1) 1.0638; More… EUR/USD’s decline is still in progress and intraday bias remains neutral. Sustained break of 100% projection of 1.1494 to 1.0805 from 1.1184 at 1.0495 will pave Read more…