April 2024 - Page 122 of 153 -

Aussie Market Commentary – Thursday, April 4

Apr 04, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Aussie on The UpThe Australian Dollar is tearing higher against USD today as the weakness in the greenback continues to drive movements across FX markets. With traders now leaning into the prospect of a June rate cut, USD has been on the backfoot this week, reversing from initial highs. The move has of […]

Dell Stock Is Flying, Lifting Michael Dell’s Net Worth By $27 Billion

Apr 04, 2024 Jeremy Parkinson Finance 0

Michael Dell is growing richer by the day as the Dell stock price continues its strong surge. According to Bloomberg, his net worth has jumped by more than $27 billion this year and currently stands at over $106 billion. That makes him the 12th richest person in the world. Forbes, on the other hand, places Michael […]

Inflationary Pressures In Europe Continue To Decline

Apr 04, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Stock indices traded mixed on Wednesday, with the Dow Jones Industrials (US30) falling to a two-week low. Stocks rebounded late in the day after bond yields retreated from early highs following an unexpected decline in the ISM Services Business Activity Index for March in the US. At yesterday’s close, the Dow Jones (US30) index was […]

Tesla Is Once Again The World’s Best-Selling EV Company

Apr 04, 2024 Jeremy Parkinson Finance 0

Quarterly BEV Sales: Tesla Vs. BYD China’s BYD made waves for outselling Tesla in Q4 2023, prompting many to believe that the once dominant EV king would fall further behind in 2024.However, figures for Q1 2024 are now out, and they reveal a dramatic 43% decline in BYD sales from the previous quarter. Meanwhile, Tesla reported a slightly less painful 20% drop in […]

Why Aren’t More Patents Leading To More Productivity?

Apr 04, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The number of US patents granted has been rising rapidly. However, US productivity has not been rising. Why aren’t more patents leading to more productivity?Aakash Kalyani of the St. Louis Federal Reserve discusses research that suggests an intriguing possibility in “The Innovation Puzzle: Patents and Productivity Growth” (Economic Syn0pses: Federal Reserve Bank of […]

USD/TRY Forecast: Key Economic Updates

Apr 04, 2024 Jeremy Parkinson Finance 0

The forecasts for the Turkish Lira include the continuation of the pair’s rise targeting levels of 32.50 lira, as each dip represents an opportunity to reinforce buying contracts. Signals for the Lira Against the Dollar Today Risk 0.50%. Best Buying Points: Open a buy order at 31.50. Set a stop-loss order below 31.15. Move the stop-loss […]

Elliott Wave Technical Forecast: Ramsay Health Care Limited

Apr 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Unlocking ASX Trading Success: Ramsay Health Care Limited – RHC Stock Analysis & Elliott Wave Technical ForecastASX: Ramsay Health Care Limited – RHC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with Ramsay Health Care Limited – RHC. Previously in our Top 50 ASX Stocks service, we accurately […]

Gold Forecast: Continues To Find Buyers

Apr 04, 2024 Jeremy Parkinson Finance 0

Gold finds buyers amid risk aversion, potential central bank actions. With interest rates rising, gold is buoyed by safety asset demand. Supports at $2200, $2150. Gold markets initially pulled back just a bit during the trading session on Wednesday, but then turned around to show signs of life yet again. Ultimately, this is a market […]

US Jobs Report Preview And Market Impact

Apr 04, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay On Friday, we’ll get the always anticipated monthly employment report out of the US. But this time around, things could get even more exciting given where things stand heading in. Where is that exactly?Video Length: 00:01:47More By This Author:Counterintuitive Price Action Currencies And Stocks Out Of Sync Are US Equities At Risk For […]

More Layoffs: Is AI The Reason For Amazon Jobs Cuts In Cloud Computing?

Apr 04, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosAmazon, the tech giant, has announced significant job cuts affecting hundreds of employees in its cloud computing business, Amazon Web Services (AWS), as well as its physical stores technology team.According to Amazon’s latest financial report, AWS has been a substantial contributor to the company’s revenue, comprising 14% of its total earnings.However, amidst ongoing […]