May 2024 - Page 243 of 270 -

Navigating Market Trends: Elliott Wave Insights For NDX Tech Stocks

May 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashElliott Wave Analysis of NDX Tech Stocks: Nasdaq 100 and SP500 Wave (4) low being in place strengthens day by day and we can continue to build long positions across many markets such as Bitcoin and crypto tokens. Apple’s earnings also injected strength into the tech sector, some of the stocks were quite flat […]

US Dollar Closes A Losing Week Following Soft NFP

May 03, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay US Nonfarm Payrolls report from April underperformed, showing a lower-than-expected increase. The odds of a rate cut in September increased, which seems to be applying pressure on the USD. The US Dollar Index (DXY) is visiting the 105 level with sharp losses at the end of the trading week. This comes after Friday’s report of […]

These 3 Companies Shattered Quarterly Records

May 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsEarnings season continues to roll along, with a solid chunk of companies already delivering their quarterly results. The period has remained positive, underpinned by strong results from the technology sector.And interestingly enough, several companies – Apple (AAPL – Free Report), Eaton (ETN – Free Report), and Spotify (SPOT – Free Report) – posted quarterly records, with shares of each seeing […]

DOJ charges former Cred execs over $783M fraud and money laundering scheme

May 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The US Department of Justice (DOJ) has announced charges against three former executives of the now-bankrupt crypto lending and investing firm Cred, alleging their involvement in a scheme that led to customers losing crypto holdings currently valued at over $783 million.The accused individuals include Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, […]

Dow Jones Industrial Average Gains 450 Points As Investors Up Rate Cut Bets After Softer NFP

May 03, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Dow Jones gains 460-plus points as investors raise bets on rate cuts. US data broadly softer on key labor print. Tech stocks dragging Dow Jones higher. The Dow Jones Industrial Average (DJIA) gained nearly 1.2% on Friday after a broad miss from US Nonfarm Payrolls (NFP) and other key labor data revealed a […]

3 Intriguing Stocks To Buy After Beating Q1 Earnings Expectations

May 03, 2024 Jeremy Parkinson Finance 0

Several top-rated Zacks stocks are standing out after exceeding their first quarter earnings expectations earlier in the week and could certainly move higher.Even better, their upside potential looks more promising as the Fed dismissed the possibility of rate hikes and added momentum to markets. That said, after blasting EPS estimates on Tuesday, here are three […]

Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust

May 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Bitcoin (BTC) reclaimed the $63,000 mark on Binance late Friday as inflows into US spot Bitcoin exchange-traded funds (ETFs) made a comeback. Notably, Grayscale’s spot Bitcoin ETF, Grayscale Bitcoin Trust ETF (GBTC), ended its 80-day outflow streak – the fund attracted $63 million in inflows in today’s trading session, according to data from Coinglass.At the […]

Traders Are Delusional If They Think This Bad Jobs Report Is Any Good

May 03, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayNo matter how you slice it, we’ve had an extraordinarily volatile week; stocks were reeling like so many drunks from data to the Fed to earnings to data. Apple (AAPL), a juggernaut of the S&P 500, took off on an earnings miss yesterday because, “Hey – no worries, $110 billion in buybacks are coming.” […]

Investors Re: Rate Cuts – “So You’re Telling Me There’s A Chance”

May 03, 2024 Jeremy Parkinson Finance 0

Image source: PixabayINVESTORS AND RATE CUTSWhen it comes to cuts in interest rates, investors stubbornly cling to the notion that “no” means “yes”. In the movie, Dumb And Dumber, Lloyd Christmas (Jim Carrey) asks the lovely lady he is pursuing what the odds are that the two of them might get together; and, makes a point […]

Web3 gaming reception shifts from skepticism to enthusiasm: Shrapnel’s Head of Studio

May 03, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Blockchain gaming is received with excitement by 46% of traditional PC gamers, according to a survey by Web3 PC games distribution platform Ultra. This signs a possible shift in how traditional gamers perceive the blockchain gaming industry, something that Don Norbury, Head of Studio at Shrapnel, discussed with Crypto Briefing.Norbury said that during this year’s […]