Finance
S&P 500 Futures Slip 0.51%
U.S. stock futures dropped early Friday as the postelection rally showed signs of faltering and the Federal Reserve indicated a cautious stance on further interest rate cuts. Dow Jones Industrial Average futures fell 156 points, or 0.36%, while S&P 500 and Nasdaq 100 futures declined 0.51% and 0.76%, respectively. Tech stocks saw mixed fortunes, with…
Shopify’s Stock Surged By 25% After Reporting Strong Revenue
Shares of Shopify surged as much as 25% following the company’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The e-commerce giant reported earnings per share (EPS) of $0.35, surpassing the anticipated $0.26. Meanwhile, its revenue reached $2.16 billion, above forecasts of $2.12 billion. This strong performance, along with Shopify’s optimistic holiday outlook, helped push…
Tencent Stock: Q3 Profit Surges 47%, Gaming and Ads Lead
Tencent Holdings Ltd (HK:0700) reported robust third-quarter results, surpassing profit expectations primarily due to strong growth across its gaming, advertising, and cloud segments. Profit attributable to shareholders surged 47% year-over-year to 53.23 billion yuan ($7.37 billion), well above LSEG’s forecast of 46.18 billion yuan. However, revenue came in slightly below estimates, rising 8% to 167.19…
Bitcoin & Ethereum Analysis: BTC Hits High, ETH Is Steady
Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute Time Frame On the November 10, 2024 trading session, Bitcoin surged…
USD/CHF in a strong up trend; USD/JPY breaks out of the zone
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will decide the direction. USD/CHF Chart Analysis 15 min time frame On the 11th Nov 2024, the pair kept its rally strong towards the upside with…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile…
Airbnb Stock Q3 Revenue Beats Forecasts, Shares Drop 4%
In Airbnb’s financial results for the third quarter, the company showed mixed performance as they slightly beat the expectations of the top line with a report of $3.73 billion. It is a little more than the predicted $3.72 billion, but nevertheless, they were over the profit forecasts with a profit of only $2.13 per share…
Oil and Natural Gas Analysis: High Volatility & Trends
Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile…