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Category: Investments

Cryptocurrencies

Canadian Dollar Calm ahead of Retail Sales

The Canadian dollar continues to tread in choppy waters, as it trades slightly above the symbolic 1.25 line. The week will wrap up with Canada releasing retail sales, the primary gauge of consumer spending. For Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Netflix Stock Plunges On Weak Subscriber Growth Outlook As Competition Bites

Netflix made a rare concession to its competitors late Thursday by suggestion they could be affecting its ability to attract new users to the market’s biggest streaming platform. Netflix  (NFLX) – Get Netflix, Inc. Report shares Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Peloton Stock Rebounds As CEO Hits Back At ‘False’ Production Halt Report, Plans Costs Cuts

Peloton said reports of a production halt were ‘false’, but nonetheless vowed “significant corrective actions to improve our profitability outlook and optimize our costs across the company.” Updated at 7:40 am EST Peloton  (PTON) – Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Peloton Stock Bounces As CEO Hits Back At ‘False’ Production Halt Report, Plans Costs Cuts

Peloton said reports of a production halt were ‘false’, but nonetheless vowed “significant corrective actions to improve our profitability outlook and optimize our costs across the company.” Peloton  (PTON) – Get Peloton Interactive, Inc. Class Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Intel Invests $20 Billion To Build Two Chipmaking Plants In Ohio

“Intel’s new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors,” said Governor Mike DeWine. Intel  (INTC) – Get Intel Corporation Report unveiled plans Friday to invest Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Yen Shines as Stock Market Selloff Deepens

US stocks erase early gains to close negative, falling yields don’t help Yen advances as risk aversion intensifies, oil succumbs to gloomy mood Dollar choppy, Netflix disappoints, US-Russia meeting in focus Selling snowballs The stock Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

Netflix, Peloton, Intel, Microsoft And Slumping Tech Stocks – Five Things You Must Know

Stock futures trade mixed amid the worst week for tech since October of 2020; Netflix shares plunge on weak subscriber growth forecasts; Peloton hits back at “false” production pause report; Intel unveils plans to invest Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

EUR/USD Eyes Down Towards 1.1185: Elliott Wave Analysis

USD and JPY are coming higher as stocks continue to weaken with SP500 breaking below 4500. So risk-off may resume which can allow USD to recover even more. EURUSD came higher last week after US Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

NZDUSD Steers to 13-Month Low Levels But Still Neutral

NZDUSD has detached from the converged simple moving averages (SMAs) and has dipped below the multiple lower wicks of the candles from January 6 till the 11. The stabilized SMAs are endorsing a more neutral Read more…

By , 4 years ago January 21, 2022
Cryptocurrencies

GBPJPY Nears Key Support as January’s Sell-off Sharpens

GBPJPY continues to trend southwards so far this month following the peak at a two-month high of 157.75, with the price recently slipping back below its 20-day simple moving average (SMA) to reach a new Read more…

By , 4 years ago January 21, 2022

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