On Thursday, the price for GM stock reached the 62.15 USD level and booked a new all-time high level. From a technical perspective, the price broke the previous all-time high on its fourth attempt. Afterwards a new high was booked last Friday before retracing back down. The prior high was confirmed as support and the most recent surge started. From a
During Wednesday's European trading hours, the stock price for Volkswagen surged by 7.00% or 14.50 EUR. The stock price extended a three day surge, which was caused by a string of positive news from the company. During this week the price had gained 16.25% or 31.10 EUR. Among the news were expected increases of earnings in 2021, dealings
During early Tuesday's US trading hours, the stock price of Tesla recovered by 12.46% or 70.35 USD. Previously, on Friday, the stock price hit a record low of 540.00 and booked a 40.00% retracement down from January's record high level.
During Friday's European trading hours, crude oil price benchmarks continued their surge, as 14-month high levels were reached. Crude oil prices have gained more than 80% since the start of November, as the global coronavirus vaccination was expected to bring back demand. Meanwhile, OPEC+ has cut its supply in an effort to fuel the price surge.
At 17:00 GMT on Thursday, the head of the US Federal Reserve Jerome Powell started a speech. During the speech he revealed that the current US monetary stimulus would remain intact. However, as the markets appeared to expect additional stimulus, the value of the US Dollar surged. It resulted in two large red hourly EUR/USD candles, which passed all
In the aftermath of hitting the low level of 620.00 on Tuesday, by the middle of Wednesday's US trading hours, the stock price for TSLA had recovered 18.57% or 115.09 USD. The move was attributed to a broad stock recovery that was caused by comments made by representatives of the US Federal Reserve.
On Monday, in a span of 30 minutes from 14:00 to 14:30 GMT, major cryptocurrencies experienced a sharp decline and an almost immediate recovery, as BTC/USD touched the 47,670.00 level and ETH/USD 1.542.68. Meanwhile, note that the currencies were declining from new all-time high levels, which were reached on Sunday.
At the start of Thursday's US trading, the stock price for Freeport McMoran hit a new all-time high at 34.86. The stock surged due to an expected demand increase for copper, which caused a broad surge of mining stocks. The recent surge extended the stock price's recent surge above the 40% mark.
On Wednesday, the stock price of Gucci brand owner Kering plummeted by 8.61% at the European market open due to the company reporting lower than forecast earnings and a lag behind its competition. In the meantime, note that the earnings announcement just extended a prolonged decline of the company's stock price. The stock has lost 16.19% since November 11, when
At the start of Thursday's trading, the stock price of Nvidia reached a new all-time-high at 609.90 and extended the February surge above 17.00%.
On Wednesday, worse than expected earnings reported by General Motors caused the company's stock sell off. During the first fifteen minutes of US trading, the stock price had depreciated by almost 5.00%.
At the start of Wednesday's US trading hours, the stock price for Twitter opened with a 10.46% gap up. Immediately afterwards, the stock price continued to gain. The surge was attributed to recently released earnings report. Moreover, the earnings were extending a 52.00% surge that has occurred since January 19.
At the start of Wednesday's US trading hours, the stock price of Alphabet jumped 8.17%, as the company announced better than expected earnings. The market consensus earnings estimate was at 15.77 USD per share. Instead, the company reported 22.30 USD per share earnings, which was a 6.53 USD or 41.41% surprise.
At the start of Thursday's US trading, American Airlines Group's shares skyrocketed 22.80%, despite the announcement of record annual loss of $8.9B, caused by lockdowns and travel restrictions amid the pandemic.
Since Wednesday, January 27, Microsoft stocks have been extending gains significantly. The stocks have already gained 3.24%
Since Tuesday's US market open, January 26, Freeport-McMoRan's stocks have been depreciating actively. At the time of publication the stocks have already lost 9.06%.
During Monday, January 25, Apple stock reached all-time ultimate maximum at the 145.00 level.
At the start of Wednesday's US trading hours, the stock price of Netflix surged by 15.27% or 76.37 US Dollars. The move occurred due to the company announcing that the company's subscriber number had reached above the 200 million mark at the end of 2020. Moreover, Netflix revealed that it expects that it would no longer need to accumulate debt
At the start of Monday's US stock trading hours, January 11, shares of the social media company Twitter lost 12.30%
On Sunday, January 3, the price for Bitcoin has reached its all-time high at 34,244.30. Also, since the middle of December, the cryptocurrency has surged 75.36%.
On December 24, the stock price of Alibaba plummeted and reached a low level, which made up a total loss of 17.24% or $44.02 per share. The drop initially was caused by the Chinese government regulators announcing that they are investigating the company in regards to unfair pricing. By the start of Wednesday's, December 30, US trading hours, the stock
During Tuesday's early US trading hours, December 22, shares of Apple skyrocketed to 134.40. The shares gained 4.78%.
Since Thursday, December 17, the British Pound has been depreciating actively against the US Dollar. The GBP/USD exchange rate has already lost 2.96%.
On Friday morning, the GBP/USD currency exchange rate plummeted 188 pips or 1.41%.