Tesla Slumps Post-Earnings as Auto Struggles Outweigh AI Promise
The stock posted its worst day in more than two years after the Q2 results showed a drop in profits and automotive revenues, as investors appear cautious around the AI push
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 14 of 135
The stock posted its worst day in more than two years after the Q2 results showed a drop in profits and automotive revenues, as investors appear cautious around the AI push
The index loses around 10% from its record peak as prospects of further BoJ policy normalization mount and the Yen rebounds from its 38-year lows
XAU/USD regains its footing after the pullback from its record peak on prospects of Fed cuts, ahead of Friday’s PCE inflation report
The barrage of rate cuts in China – a key consumer and producer – did not impress market and prices of the commodity continue their decline
The pair trades with caution against a volatile monetary policy backdrop, following last week’s apprehensive ECB and ahead of US inflation update
The index is cautious and stays in consolidation as today’s inflation update sustains uncertainty around the central bank’s rate path
The index regains its footing as markets price in three cuts within the year and focus now shifts to Netflix earnings, which kicks things off for Big Tech
The pair registered a sharp fall on Thursday following cooler US inflation, in a move that that has markets guessing if Japanese authorities intervened again
After a four-week profitable streak, USOil faces headwinds as consumption concerns resurface and IEA reiterates view for a substantial slowdown in demand growth
The central bank of New Zealand stayed on the sidelines again today, but its messaging was more dovish compared to the previous meeting, raising chances of rate cuts within the year
The BoJ has started normalizing its ultra-easy stance, but progress is slow, so the Yen continues to suffer and JPN225 extends it rally to new records
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.