Nasdaq 100 futures are down 200 points overnight following Amazon’s disastrous Q2 earnings release. Could this be the start of a deeper correction for tech? Nasdaq 100 futures are trading at 14,844, down 193.25, (-1.29%). Fresh from last week’s all-time high, the Nasdaq was on course for its best weekly […]
The Gold price was firmly bid yesterday following the Huge US GDP miss. Could this be the start of another bull run for XAUUSD? Spot Gold gained more than $20 in yesterday’s session to finish the day at $1827.84. Following last months taper fears, Gold was forced lower under the […]
A steep fall in the Amazon share price was the big story of the day on the Nasdaq exchange after the tech giants earnings disappointed the markets. Amazon’s pandemic-related record-breaking profit run came to a screeching halt after the company said it would experience a slowing of sales growth in […]
Chevron’s revenues and profits rose in the second quarter, buoyed by recovering crude oil prices and merger synergies. However, after growing briefly in premarket trading, investors sold the stock rapidly, driving down the Chevron share price by 1.13%. Adjusted earnings of $1.71 per share in Q2 2021 was a tremendous […]
Mobil share price saw some selling on the day, despite Q2 2021 earnings of $1.10 per diluted share. This number was a vast improvement from the loss per share of $0.26. It also beat estimates of $0.98 per share, as rising oil prices allowed the company to recover from the […]
Bearish Binance Coin price predictions were strengthened today after Malaysia’s Securities Commission enforced a ban on Binance Holdings and three global entities under it, effectively stopping all trading on the exchange from Malaysia. The enforcement action includes the disabling of the company’s website and trading exchange on Malaysian servers, and […]
The Ethereum Improvement Proposal (EIP) network upgrade is almost here (August 4) and with it has come heightened bullish Ethereum price predictions. The upgrade is expected to make the fee structure simpler and easier to use for transactions on the Ethereum network. Ethereum co-founder Vitalik Buterin has provided a timeline […]
The Ocado share price continues to frustrate the bulls and is showing signs of turning lower. For now, the trend remains a friend of the bears. Ocado Group plc (LON: OCDO) is trading at 1,817p, down 39.0p (-2.10%). After dropping to a 14 month low at 1,719.50p following the recent […]
EUR/USD is lacking enough buying pressure to reach the crucial psychological level of $1.1900. Granted, it has risen by over 1% since the beginning of the week. An improvement of the risk sentiment, and Fed’s cautious stance, pushed the dollar index lower by about 1.12% to July’s lowest level in […]
The Gold price was firmly bid yesterday following the Huge US GDP miss. Could this be the start of another bull run for XAUUSD? Spot Gold gained more than $20 in yesterday’s session to finish the day at $1827.84. Following last months taper fears, Gold was forced lower under the […]
The Shell share price surged yesterday after Europe’s largest oil company revealed bumper profits and announced a $2 billion buyback operation. Royal Dutch Shell Plc (LON: RDSA) yesterday reported second-quarter earnings per share (EPS) of EUR 51.29b, far exceeding analysts’ expectations of EUR 51.14 billion. However, revenue came in at […]
Ethereum price is holding steady above $2,400 after its surge earlier on Friday. Notably, it hit an intraday high of $2,451.38 before pulling back. Even with the easing of the buying pressure, the bullish outlook remains. Ethereum’s London Hard Fork, which is scheduled to go live at block 12,965,000 […]
