Page 30 of 69
Fed Chair Powell kept the door open to more hikes on Friday, but the tech heavy index shows resilience to the hawkish messaging, helped by Nvidia’s AI-Powered blockbuster results
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
Watch today’s US Open for insights on the blowout results of AI pioneer Nvidia, poor EZ &UK PMIs and monetary policy outlook ahead of the Fed’s Jackson Hole Symposium
With just a week left of the month, the NAS100 August candlestick (blue arrow) shows interesting price action. Initially, the month was bearish, with bears taking the index down to the month low of 14,555. However, the bears lost control at this level with the bulls taking over. The bulls have pushed price back up to the 15,350 levels and remain in control. We caution that the monthly candle is…
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
HKG33 is having a bad month with new 2023 lows, but finds support today, helped from the strong quarterly results of Chinese tech giant Baidu
The tech heavy index rises as markets brace for Wednesday’s earnings by AI chip-maker Nvidia and the Fed’s gathering at Jackson Hole which kicks off on Thursday
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.
Watch today’s US Open for insights on the CPI inflation update form the US, China’s deflation, Disney’s stock outlook after the mixed quarterly results and more
The entertainment giant is having a rough patch and Wednesday’s quarterly results provided reasons for concern, but there were also promising signs
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.