Amazon has a market capitalization of $1.6 trillion, but Daniel Loeb, CEO of Third Point, thinks it’s worth much more. Hedge fund heavyweight Daniel Loeb, CEO of Third Point, is bullish on Amazon (AMZN) – Read more…
Elon Musk’s tweet linking Adolph Hitler and a prominent Head of State sets off a social media firestorm. Call the Gazpacho Police. Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk sparked a storm-trooping controversy Read more…
Markets Markets don’t have that much to thrive on. The geopolitical “fake news” accusations in both directions lose impact as market worry. Upheaval in the Luhansk region this morning triggered a risk-off spike in thin Read more…
Mark Zuckerberg promotes a prominent politician to become the public face of Meta amid controversies over the social-media giant’s content moderation. Did the controversies surrounding Facebook parent Meta get the better of Mark Zuckerberg? The Read more…
The dollar was deflated in European trading on Thursday and entered the US session in red after traders digested Fed’s minutes of January policy meeting and judged that the central bank’s outlook was less hawkish Read more…
ECB Chief Economist Philip Lane said in a speech that “medium-term inflation expectations have been increasing from a low base towards the two per cent inflation target over the last year, even before the energy Read more…
EURUSD is moving with weak momentum over the last couple of sessions, holding within the short-term simple moving averages (SMAs) and the Ichimoku cloud. The technical indicators are mirroring the latest movements as the MACD Read more…
Rising economic activity and lower inflation from Japan could dampen further gains in USD/JPY just as the broad US dollar’s ascent shows signs of stalling. USD/JPY has been the best performing major currency pair over Read more…
US stocks head lower as eastern European tensions rise & the deputy US ambassador is expelled from Russia. US futures Dow futures -0.4% at 34845 S&P futures -0.5% at 4448 Nasdaq futures -0.62% at 14523 Read more…
Daily Pivots: (S1) 1.1347; (P) 1.1372; (R1) 1.1398; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged With 1.1265 minor support intact, further rally will remain mildly in favor. On the upside break Read more…