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After the market closed on April 24, Meta released its quarterly financial results. Despite beating earnings expectations, the stock has plummeted in pre-market trading, as the firm expects costs to impact future earnings.
After the market closed on April 24, Meta released its quarterly financial results. Despite beating earnings expectations, the stock has plummeted in pre-market trading, as the firm expects costs to impact future earnings. In general, Meta has reported that it expects revenues to decrease and costs to continue to grow. Moreover, the firm's representatives commented during the earnings review that
Bureau of Economic Analysis has published the US Advance GDP data for the first quarter of 2024. The release shocked the markets by being below expectations. The market consensus forecast was that GDP had increased by 2.5% over the quarter. Actual released data revealed growth of just 1.6%.
Bureau of Economic Analysis has published the US Advance GDP data for the first quarter of 2024. The release shocked the markets by being below expectations. The market consensus forecast was that GDP had increased by 2.5% over the quarter. Actual released data revealed growth of just 1.6%. This publication confirms what other data sets have been signalling. The US economy
Recently published data has revealed that in the first quarter of 2024 Apple phone shipments to China had decreased by 19.00%.
The price for Ethereum booked a high level at 4,094.45 in early March. Afterwards, a decline occurred down to the 50-day simple moving average. It was speculated that the price could soon recover. However, it can be observed that the cryptocurrency has established a channel down pattern. A decline of the price in the pattern could result in the
This week, Microsoft has revealed to the world a new lightweight AI model that is aimed at attracting clients that are looking for less expensive solutions.
It was spotted on April 25 that the price for Natural Gas jumped and managed to reach above the 1.9540/2.0590 range. Moreover, it appeared that the 50-day simple moving average was passed and used as support for the push higher. In the case of an extension of the price surge, the 2.2425/2.2840 range could impact the rate, as it acted
Japanese convenience store chain 7-Eleven has announced major plans to increase its spread into Europe, Middle East, Africa and Latin America.
The music streaming platform Spotify has revealed that it has increased its quarterly profits above the one billion Euro level. The news have boosted a surge of the firm's stock price.
The commodity trading company Trafigura has revealed that it expects the demand for EVs, power infrastructure, AI and automation to result in the demand increase of additional 10 million tons.
United Parcel Service has revealed that the firms has surpassed market expectations for the company's quarterly profits. The firms has managed to profit by firing 12,000 non-union employees and with it reducing costs.
The US tech giant Apple has announced that it would hold a tech event on May 7. It is usual that new products are announced at these events.
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. The price for gold surged on the news and broke the descending trend line that had pushed the metal down. However, the surge stopped
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. On the USD/JPY charts it resulted in a dip below the 154.70/154.80 range down to the support of the 100-hour simple moving average. These
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. On GBP/USD charts it resulted in a strengthening of the ongoing recovery. The rate reached the resistance of the 1.2460 level. This resistance held
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. The EUR/USD got the needed push up above the 1.0675/1.0690 range, the weekly R1 at 1.0695 and the 1.0700 mark. After fluctuating above these
Yesterday, after the US market close, Tesla revealed the company's quarterly financial results. In general, the firm announced worse than expected results, but announced future plans that could save the company. The stock price is set to jump nearly 12.00% or $17.00 at the start of Wednesday's trading.
S&P Global PMI indices have revealed to the world that business activity in the United State had decreased, as the reading decreased from 52.1 in March down to 50.9 in April.
On April 23, after the US market close, Tesla revealed the company's quarterly financial results. In general, the firm announced worse than expected results, but announced future plans that could save the company. The company has reported the biggest revenue decline since 2012. Moreover, the financial results are below the lowest of market expectations. The markets expected earnings
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. The price for gold surged on the news and broke the descending trend line that had pushed the metal down. However, the surge
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. On the USD/JPY charts it resulted in a dip below the 154.70/154.80 range down to the support of the 100-hour simple moving average.
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. On GBP/USD charts it resulted in a strengthening of the ongoing recovery. The rate reached the resistance of the 1.2460 level. This resistance
On April 23rd, the US Dollar dropped at 13:45 GMT. The drop was created by the publication of the United States Manufacturing and Services sector Purchasing Managers Indices. Released numbers showed a slowdown of US business activity. The EUR/USD got the needed push up above the 1.0675/1.0690 range, the weekly R1 at 1.0695 and the 1.0700 mark. After fluctuating above