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Tesla And Alphabet Shares Slide Post Q2 Earnings, Here’s Why

Tesla And Alphabet Shares Slide Post Q2 Earnings, Here’s Why

Image Source: Unsplash  Tech giants Tesla (Nasdaq: TSLA) and Alphabet (Nasdaq: GOOG), the parent company of Google, saw their shares tumble in early trading Wednesday following their second-quarter earnings reports. Despite both companies beating overall revenue expectations, investors reacted negatively to specific segments that fell short of analyst predictions. As of 9:54 AM EDT, Tesla shares were […]
AUD/USD Price Analysis: Sliding After PBOC Rate Cut Surprise

AUD/USD Price Analysis: Sliding After PBOC Rate Cut Surprise

The AUD/USD price analysis shows massive bearish momentum as the Aussie suffers after unexpected rate cuts by the People’s Bank of China. Meanwhile, investors were gearing up for more inflation data from the US that will affect Fed rate cut expectations. On Monday, China unexpectedly cut rates to spur economic growth after data for the second […]
The FTSE Finish Line – Wednesday, July 24

The FTSE Finish Line – Wednesday, July 24

FTSE Testing Three Week Lows On Earnings ConcernsThe FTSE 100 in London reached its lowest point in more than three weeks on Wednesday as investors processed the earnings reports from U.S. tech giants Tesla and Alphabet. However, Aston Martin saw a surge in its stock after releasing its half-yearly earnings update.The blue-chip FTSE 100 index […]
USD/JPY Analysis: Key Level To Watch

USD/JPY Analysis: Key Level To Watch

The Japanese yen continued its recovery against the US dollar as focus shifted to the upcoming interest rate decisions from the Bank of Japan (BoJ) and the US Federal Reserve next week. According to reliable trading platforms, the USD/JPY exchange rate fell to its lowest level at 156 on Tuesday and is now around the […]
3 CEOs With High-Yield Stocks You Need To Listen To

3 CEOs With High-Yield Stocks You Need To Listen To

Image Source: Unsplash  We are in the early days of the 2024 second-quarter corporate earnings season. For many of the stocks I follow, earnings results are often the only “real news” I can get about these companies. Earnings results show whether or not a company remains on track, is improving, or is going in the wrong […]
GBP/JPY Forex Signal: Key ¥200 Level In Focus 
                    
 

GBP/JPY Forex Signal: Key ¥200 Level In Focus  

Potential signal: I am a buyer of this pair if we get anywhere near the 200 yen level.  The stop loss would have to be at the 199 yen level. I would aim for the 206 yen area. The pound has fallen a bit against the Japanese yen, as we have seen a bit of […]
New Car Incentives Soar 53% Amid Rising Inventories & Lackluster Demand Hint At Downturn

New Car Incentives Soar 53% Amid Rising Inventories & Lackluster Demand Hint At Downturn

Auto dealers are seeing an uptick in inventory while many consumers remain on the sidelines, deterred by the toxic combination of high interest rates and elevated inflation. In response to what seems to be a more pronounced slowdown, dealers are slashing prices and increasing incentives to stimulate demand this summer. A new report from the Financial Times, citing data from […]
Cardano Sees Significant Market Movements As Chang Upgrade Nears

Cardano Sees Significant Market Movements As Chang Upgrade Nears

As Cardano approaches the highly anticipated Chang upgrade, its native cryptocurrency ADA is experiencing notable market movements and heightened investor interest.The Chang update marks the beginning of the Voltaire era, which promises to introduce decentralized governance mechanisms, setting the stage for Cardano’s next phase of growth. Inflow of Cardano’s large holders increaseRecent data highlights a surge […]
Privacy firm Proton launches self-custodial Bitcoin wallet

Privacy firm Proton launches self-custodial Bitcoin wallet

Key Takeaways Proton Wallet allows Bitcoin transactions via email, enhancing ease of use. The wallet is part of Proton’s efforts to reduce reliance on centralized financial institutions. Proton, a privacy services company based in Switzerland, has introduced its self-custodial Bitcoin wallet, Proton Wallet. The wallet lets users store and trade Bitcoin without the need for […]
Alkimiya launches Bitcoin blockspace markets protocol to tackle fee volatility

Alkimiya launches Bitcoin blockspace markets protocol to tackle fee volatility

Key Takeaways Alkimiya’s new protocol allows for the trading of Bitcoin transaction fees to manage volatility. The protocol was developed by Anicca Research and is backed by major investors like Castle Island Ventures. Alkimiya, a blockspace markets protocol, has introduced a new tool that enables users to trade Bitcoin transaction fees directly. This move comes […]