The bears quickly returned to the EUR/USD currency pair across trusted trading company platforms, breaking below the 1.1600 level again. This followed the Federal Reserve's quarter-point interest rate cut.
In this video, Ira Epstein discusses the current state of the financial markets, focusing on the volatility and dramatic price movements in stocks, ETFs, and metals.
Apple's blockbuster fourth-quarter results prompted bullish reactions across Wall Street, with Wedbush's Dan Ives calling it a "pound-the-table moment," CNBC's Jim Cramer saying Apple bears "owe us an explanation," and Gene Munster highlighting stronger iPhone demand and a solid holiday outlook.
Apple Inc.’s quarterly results were overshadowed by a sharper-than-expected revenue slump in China, underscoring the company’s ongoing struggle to maintain momentum in a market that once powered much of its growth.
The collaboration will allow Solid Power to supply its sulfide-based solid electrolyte to Samsung SDI for prototype cell development to be tested with BMW.
On Thursday, major U.S. indexes closed lower, with the Dow Jones Industrial Average slipping 0.2% to 47,522.12, the S&P 500 falling nearly 1% to 6,822.34.
Improving eurozone hard data and a stable ECB mean the EUR swap curve should steepen from here. The complexity of estimating Dutch pension reform flows doesn't help the case for a steeper 10s30s.
Gold miners soared in 2024, but is the boom losing steam? The piece explores stretched valuations, slowing momentum, and whether mining stocks can still shine as bullion prices stay high.
Ark Invest made significant trades involving PLTR, AMD, PACB, and DASH. They sold Palantir and bought AMD, Pacific Biosciences, DoorDash, Iridium, Intellia, Deere, and Synopsys.
Over the past three years, global corporations have hit record highs in revenue and stock prices, even while cutting staff. Big firms are selling more, earning more, and hiring less.
The AUD/USD ended the Thursday session with losses of 0.31%, after reaching a two-week high of 0.6617 following a red-hot inflation report two days ago that increased the chances that the RBA would likely keep rates unchanged.
