July 2024 - Page 17 of 267 -

Cloud Stocks: Analysis Of ServiceNow’s Raytion Acquisition

Jul 30, 2024 Jeremy Parkinson Finance 0

Photo Credit: Donny Gonzo / Flickr.com Earlier last week, ServiceNow (NYSE: NOW) reported its second quarter results that soared past market expectations. The impressive performance and outlook sent the stock climbing 13% in the after-hours trading session. ServiceNow’s FinancialsFor the second quarter of the year, ServiceNow’s revenues grew 22% to $2.63 billion, beating the market’s forecast by 0.8%. […]

Irys unveils first-of-its-kind Layer 1 datachain for enhanced onchain infrastructure

Jul 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Irys’ Layer 1 datachain combines data storage and execution into one blockchain. The platform supports development across multiple blockchains including Ethereum and Solana. Irys, a company focused on scalable on-chain data solutions, is transitioning to a new Layer 1 programmatic datachain, the first of its kind, that combines data storage and execution into […]

Procter & Gamble’s Mixed Q4: Diluted EPS Falls Short At $1.27

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

The Procter & Gamble Company (NYSE: PG) reported its fourth quarter and fiscal year 2024 results, showcasing a mixed performance. Net sales for the fourth quarter remained flat at $20.5 billion, unchanged from the prior year. However, organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, increased by 2%.This growth was primarily […]

Elliott Wave Technical Analysis: Costco Wholesale Corp. – Tuesday, July 30

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash COST Elliott Wave Analysis Trading Lounge Daily Chart,Costco Wholesale Corp., (COST) Daily ChartCOST Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: CorrectiveSTRUCTURE: ZigZagPOSITION: Wave A. DIRECTION: Downside into wave A. DETAILS: We are looking at the end of a significant bull run in COST. Anticipating more downside to come in the upcoming weeks, to at least retrace near the […]

GBP/USD Price Analysis: Sterling Gains Ahead Of BoE Meeting

Jul 30, 2024 Jeremy Parkinson Finance 0

The GBP/USD price analysis is leaning slightly bullish as the pound shows signs of recovery ahead of the Fed and Bank of England policy meetings. The Fed will probably hold current rates, while the BoE is more likely to cut them.The pound recovered on Tuesday after plunging in the previous session due to an increase […]

Earnings Bring Consumer Health Updates

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Photo by Erik Mclean on Unsplash In our latest Week Ahead Video, we talked about how this week’s slow economic calendar is going to leave investors and traders alike parsing through this week’s earnings releases for trading guidance.That first signal dropped, and it was a bit of a potential wake-up call as McDonald Corp (MCD) posted a miss on both top […]

Compound settles ‘governance attack’ as COMP surges 7% with new staking plan

Jul 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Compound Finance has launched a new staking product allocating 30% of market reserves to COMP holders. The new staking initiative follows a settlement with crypto whale Humpy over a controversial $24M COMP allocation. Compound Finance has reached a settlement with crypto whale Humpy and his Golden Boys group, defusing a contentious “governance attack” […]

Triple Top Developing For U.S. Recession Probability

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Third time’s the charm?That’s a question we’re asking because for all intents and purposes, the method we’ve used to track the probability of recession in the U.S. since the U.S. Treasury yield curve first inverted in October 2022 is about to do something it hasn’t done before. It’s going to record a “triple-top”.In a sense, […]

PayPal’s Q2 Revenue Soars To $7.9 B, Beating Expectations

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

PayPal exceeded market expectations in the second quarter of 2024, reporting a robust financial performance.PayPal Holdings, Inc. (PYPL) reported robust financial results for the second quarter ending June 30, 2024. The company posted an 8% increase in net revenues, reaching $7.9 billion, with a currency-neutral growth of 9%. The transaction margin dollars also saw an 8% rise, […]

Ripple And Tron: Tron Is On The Defensive And Under Pressure Ripple chart analysis Tron chart analysis

Jul 30, 2024 Jeremy Parkinson Finance 0

Ripple chart analysisThe price of Ripple continues its sideways consolidation, moving in the 0.5900-0.6100 range. On the downside, we have support from the EMA 200 moving average and have been leaning on it since Thursday. This morning, we consolidated once again with the support of the EMA 200, which led us to see the initiation of a […]