S&P 500, Nasdaq Cruise Toward 5th-Straight Win
Stocks are higher across the board today, though the big story remains with the Nasdaq Composite (IXIC), up triple digits.
Nvidia And Equinix Just Partnered On AI Supercomputers
Nvidia stock has now more than tripled over the past 52 weeks.
Attacks On Red Sea Shipping, And Its Tie To U.S. Energy Consumption
Over the past 50 years, the US has become much more energy efficient, cutting its energy needs per unit of GDP by about 70%, in particular by coal and oil.
P&G Cleans Up By Getting Its Hands Dirty
Procter & Gamble keeps scrubbing up. The $366 billion consumer goods company generated another profit in its second fiscal quarter.
Netflix Stock Nears 52-Week High After Wave Of Upgrades On Q4 Results
Netflix shares are nearing a 52-week high after blockbuster Q4 results and landmark live-streaming deal.
Stocks And Politics
A look at how the S&P has done throughout Election Years depending on whether a Democrat or Republican is currently in the White House leading up to Election Day.
The Future Of Work: AI, Remote Work And The Labor Shortage
Artificial intelligence will change the nature of work in the coming years, interacting with demographics and remote work desires.
AT&T Reports ‘Strong’ 2023 Financial Results, Off The Back Of 5G And Fibre Growth
AT&T reported better than expected Q4 results today. The U.S. tech company shared that it had had its best-ever year in terms of Mobility operating income. Revenues and EBITDA were also up for the company.
Analytical Overview Of The Main Currency Pairs - Wednesday, Jan. 24
From the point of view of technical analysis, the trend on the GBP/USD currency pair on the hourly time frame is bearish.
Bear Of The Day - Cracker Barrel Old Country Store
Cracker Barrel Old Country Store owns and operates full-service dining locations with a restaurant and a retail store in the same unit.
Southern Europe To Feel The Most Lingering Pain This Year From ECB Rate Hikes
The impact of last year's ECB rate hikes is set to have a bigger impact on southern than northern Eurozone countries in 2024.
USD/CAD Analysis: Lower Short-Term Momentum As Traders Anticipate BoC
The USD/CAD has traded slightly lower this morning as traders are waiting for the Bank of Canada’s Monetary Policy Report today and tomorrow’s U.S GDP numbers.
S&P 500 Earnings Dashboard 23Q4 - Wednesday, Jan. 24
The 23Q4 Y/Y blended earnings growth estimate is 4.5%. If the energy sector is excluded, the growth rate for the index is 8.2%.
Solana And Cardano: Solana Fell Below $80.00 Yesterday
The price of Solana fell below $80.00 yesterday, forming a low at the $78.14 level. This week’s new low for the Cardano price was formed at the 0.448 level.
Sensex Today Rallies 690 Points; HFCL Surges 12%
After opening the day on positive note, Indian share markets gained the momentum as the session progressed and ended on firm footing.
IBM’s Q4 Earnings: Why AI Will Be A Key Theme
Several companies are poised to disclose their latest earnings on Wednesday after the market closes, with much of the focus being on AI-centric IBM.
NDX Gains Bonanza
S&P 500 overcame the selling pressure with ease, stopping in my high 4,870s support area. Being pulled up by healthy rotations let Nasdaq and communications shine.
EUR/USD rebounds as focus turns to ECB and key US data
The EUR/USD pushed higher in the first half of Wednesday’s session, boosted by positive signals from the equity markets, as the dollar eased back against most major currencies.
Hess Corporation - Trading Between The Gaps
A look at the current technical situation and potential scenarios for the next few days.
GBP/USD Forecast: Resilience In UK Economy Boosts Pound
British services firms experienced increased growth this month. Data revealed a smaller-than-anticipated budget deficit for December in Britain. Market indicators suggest approximately a 50% probability that the BoE will start rate cuts in May.