May 2024 - Page 174 of 270 -

EU Set To Issue New Antitrust Charges Against Microsoft Over Teams App

May 13, 2024 Jeremy Parkinson Finance, No picture 0

EU officials believe Microsoft’s practices could be disadvantaging competitors in the market. EC’s main issue appears to be with the integration of Teams into Microsoft’s broader Office software suite. Competitors raised alarms that Teams is tailored to function more seamlessly with Microsoft’s own software. Unsplash The European Union is poised to bring fresh antitrust charges against Microsoft Corporation, with […]

Bull Of The Day: Veeva Systems

May 13, 2024 Jeremy Parkinson Finance 0

Veeva Systems (VEEV) is a cloud software stock ripe for a breakout after chopping around the last few years as the wider tech sector and the Nasdaq soared to all-time highs.Veeva’s various cloud software offerings serve vital segments of the economy from pharmaceutical giants to biotech upstarts. VEEV’s earnings outlook has improved significantly and its balance […]

Daily Market Outlook – Monday, May 13

May 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Equity markets in the Far East experienced mixed performance, highlighted by strong gains in Hong Kong and Mainland China indices, which were counteracted by losses in Japanese and Australian stocks. The surge in Chinese stocks occurred despite US President Biden’s weekend announcement of quadrupling tariffs on Chinese electric vehicles. Additionally, weekend data from […]

GBP/USD Forecast: British Pound Bounces On Friday

May 13, 2024 Jeremy Parkinson Finance 0

That being said, I also recognize that this is a market that will continue to be noisy, especially as the Monetary Policy Committee had two of its members vote for an interest rate cut this past week, so that does put a little bit of negativity into the British pound, but on Friday we have the market […]

“I See No ‘Stag’ Nor ‘Flation.” J Powell

May 13, 2024 Jeremy Parkinson Finance 0

This past week I got to spend some time with Charles Payne on Making Money with Charles Payne. (link below).I mention this because I send Charles (and producers) notes ahead of time. Charles has an uncanny way of targeting the most salient points from those notes and then discussing them on the air with his guests […]

EUR/JPYRises Close To 168.00 On Continued Interest Rate Differential

May 13, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotosEUR/JPY climbs to within a pip of 168.00 on Monday, its sixth day of gains in a row, as traders preference the Euro owing to the wide interest-rate differential between the Eurozone and Japan.Relatively higher interest rates in Europe, of 4.5%, compared to Japan’s 0.0% – 0.1% benefit the Euro (EUR) more than the Japanese […]

Gold Commentary – Monday, May 13

May 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash US Inflation DueGold prices are starting the week on a softer footing as traders brace for crucial US economic readings this week with the latest inflation and retail sales data both due on Wednesday. On the back of the recent dip we’ve seen in both jobs and growth, traders are highly sensitive to […]

Rates: Back To The Noughties!

May 13, 2024 Jeremy Parkinson Finance, No picture 0

Our premise here is simple – choose a decade that saw the type of inflation that would be broadly acceptable for the Federal Reserve today, and then extrapolate. The answer? The noughties. Back then, the funds rate averaged 3%. The 10yr average? 4.5% – where we are now! It’s a level we’ll return to post a rate cut-induced […]

Legendary trader Roaring Kitty posts comeback meme, Solana memecoin $GME soars 500%

May 13, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Keith Gill, also known online as Roaring Kitty (also known by other pseudonyms such as DeepF*ckingValue), has posted a cryptic meme on X.Notably, this was Gill’s first post in roughly three years since the events surrounding the GameStop case and the shutdown of the WallStreetBets subreddit. pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 The […]

Healthcare And Biotech Investing 101: What You Need To Know.

May 13, 2024 Jeremy Parkinson Finance, No picture 0

Healthcare and Biotech Investing 101: What you need to know. What is your current allocation for healthcare stocks? Large cap stocks that pay dividends are the best positioned for growth plus value. Start with an ETF plus one Fund. If you have been reading our articles you already know some of the basics of healthcare investing. Healthcare […]