Enphase Energy Inc. has lost about 20% in just over two months but a Guggenheim analyst warns it has room to sink further. 

I am highly confident this is the extent of the Tesla rally. I truly wish the company a great future, but I believe it will be years, perhaps many years, before it works its way through all that overhead supply.

Tesla’s quarterly deliveries in the first quarter of 2024, are down 8.5% from a year earlier. It’s the first quarterly decline since 2020. Elon Musk delivered a terrible quarter and tries to appease Tesla investors with more hype.

Humana withdrew its 2025 guidance due to Medicare Advantage uncertainties. The stock dropped over 5%.

Equity futures rose for the third day in a row - last week's brutal drubbing a distant memory -  with tech outperforming as Tesla soars premarket after Elon Musk vowed to launch less-expensive vehicles as soon as late this year.

Bitcoin price remained in a tight range on Wednesday morning even as the risk-on sentiment continued. The BTC/USD pair rose to the crucial resistance point at 67,120 on Wednesday, much higher than this month’s low of 59,525.

Microchip Technology stock rallies on new electric aircraft power solution and AI acquisition.

The USD/CAD is near the 1.36775 mark as of this writing, this after the currency pair has managed to sustain lower increments attained in early trading this morning.

Australia’s CPI increased by 1% in Q1, beating estimates for an increase of 0.8%. There is a 4% chance of an RBA hike in August. PMI data showed a decline in US business activity in April.

The 1.07 level above has offered resistance, which makes sense because there's a lot of market memory there, as it previously had not only been resistance, but it's also been support.

The Wall Street Journal posted an article on bank rule changes entitled A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.

The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market.

AT&T has reported its first-quarter results for 2024, showcasing a robust performance powered by its 5G and fiber growth initiatives.

Tesla posted disappointing first-quarter 2024 results, missing both earnings and revenue estimates. This marked the third earnings miss in a row for the electric vehicle behemoth, following 10 straight quarters of beat.

The risk on vibes are fading into the North American open. We’re seeing a wave of Dollar demand, while US equity futures point south. Looking ahead, we get US durable goods, and the Bank of Canada Summary of Deliberations.

T-Mobile near all-time high before Q1 earnings. Long-term growth trend, but short-term caution. Support at $158.8, potential head and shoulders pattern.

The crypto world is about to witness a game-changer as Bitcoin completed its halving event. This milestone is set to shake things up, making the king of cryptocurrencies even more scarce than ever before.

Dogecoin price climbed to a new weekly high this morning at the 0.16438 level. The Shiba Inu price jumped to a new weekly high yesterday at the 0.00002814 level.

As we seek sustainable and efficient solutions for the biggest challenges of our time- food security, let’s take a look at 4 key Foodtech trends for 2024 and 3 companies that are reshaping the Foodtech industry: ICL Group, Kraft Heinz, and ADM.

USD/JPY moves higher to 155.00 as US Dollar bounces back. Investors await the US Data to get cues about when the Fed will pivot to interest rate cuts. The BoJ is projected to raise interest rates only one more time by year-end.