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The FXCM Cannabis Stock Basket has been moving in a downtrend almost since inception. However, the downside momentum seems to be slowing. This is evident by the shift in trendline gradient from the green trendline to the shallower sloped orange trendline. In fact, the basket has positively broken above the orange trendline (black ellipse) in a recent show of strength.
UK-based chip designer Arm has filed for a NASDAQ listing, in one of the most anticipated IPOs in years and sees interest from tech giants for its shares
On Sunday, at the IAAA Mobility auto show in Munich, Mercedes-Benz introduced a new electric-sedan concept vehicle. Branded as CLA Class, the concept vehicle has a range of more than 466 miles, based on global industry standards. This is competitive and is superior to Tesla’s Model 3 long range version, which has a range of 391 miles on the same measure.
The EV king has released its revamped Model 3 with sleeker exterior and updated interior, as anticipation is also building around the long-awaited Cybertruck
It has been a bad week for US sports retailers Dick’s Sporting Goods & Foot Locker, as their disappointing quarterly results caused their stocks to slump and also weighed on the stock of sneaker giant Nike
The chip designer continues to reap the benefits of the Artificial Intelligence boom, as shown by Wednesday’s quarterly report, which revealed record revenues due to AI demand
The Italian luxury sports car maker is having a great year and its stock (RACE.it) hit record highs in July, but retreats in the current quarter, despite strong results and guidance
Microsoft presented a fresh proposal regarding the acquisition of Activision Blizzard. This move comes as a response to the initial proposition being turned down by regulatory authorities in the United Kingdom. The new deal includes a series of compromises and accommodations.
The entertainment giant is having a rough patch and Wednesday’s quarterly results provided reasons for concern, but there were also promising signs
The off-road electric vehicle startup has been turning the corner after an adverse 2022 and today’s results were encouraging, since losses narrowed and the production target was moved higher
Paramount reported somewhat mixed results overnight, a week after Warner Bros.Discovery, which runs high on the box office success of Barbie
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