Archives by Month:

Archives by Year:

This Week In Earnings 24Q2

This Week In Earnings 24Q2

Image Source: Unsplash  To download the full This Week in Earnings report click here.  Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 12.4%. Excluding the energy sector, the Y/Y earnings estimate is 13.2%. Of the 455 companies in the S&P 500 that have reported earnings to date for 24Q2, 78.2% have reported earnings above analyst estimates. This compares to […]
GBP/USD Price Forecast: Gives Up Intraday Gains Amid Cautious Mood

GBP/USD Price Forecast: Gives Up Intraday Gains Amid Cautious Mood

 Photo by Colin Watts on Unsplash    GBP/USD surrenders intraday gains amid dismal market sentiment. The Fed seems certain to cut interest rates in September. The Pound Sterling will be influenced by UK labor market and inflation data. The GBP/USD pair surrenders its intraday gains and falls back to near 1.2730 in Friday’s New York session. The Cable comes under […]
Gold Demand In Tech And Industry Continued To Rebound In Second Quarter

Gold Demand In Tech And Industry Continued To Rebound In Second Quarter

By Mike Maharrey, Money Metals Exchange  Industrial and tech demand for gold continued to rebound in the second quarter.Technology and industrial applications consumed 81 tons of gold in Q2, according to data compiled by the World Gold Council, an 11 percent year-on-year increase.The strong second quarter boosted H1 tech and industrial gold demand to 162 […]
Cloud Stocks: Google Introduces AI Copilots All Over Its Product Portfolio?

Cloud Stocks: Google Introduces AI Copilots All Over Its Product Portfolio?

Alphabet aka Google (GOOG) recently reported its second quarter results that beat analyst estimates driven by strong and profitable growth in Google Cloud. Its quarterly Cloud revenues crossed the $10 billion mark for the first time and operating income crossed the $1 billion mark. Google’s FinancialsAlphabet’s second quarter revenue grew 14% to $84.74 billion, beating analyst […]
EUR/CAD Forex Signal: Plunges To Reach Support

EUR/CAD Forex Signal: Plunges To Reach Support

Potential Signal: I would be a buyer of this pair at the 1.5050 level, with a stop loss at the 1.4975 level. I would be aiming for the 1.52 level at the very least.  In my daily EUR/CAD analysis, this is an asset that has plunged below the crucial 1.50 level. This is an area that previously […]
Bull Of The Day: Twilio

Bull Of The Day: Twilio

Twilio (TWLO) shares have been beaten down the last few years but it’s still growing its business. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 31% this year.Twilio operates a Customer Engagement Platform (CEP) that allows companies to build direct, personalized relationships with their customers worldwide. It covers sales to marketing to […]
Continued Uncertainty In The Stock Market

Continued Uncertainty In The Stock Market

The rebound raises more questions: is it merely an upward correction?Thursday’s trading session saw a rebound in stock prices, with the S&P 500 index breaking above the 5,300 level and closing 2.30% higher. The market retraced its Wednesday pullback, extending short-term volatility. This morning, stocks are likely to open 0.3% lower, reflecting continued uncertainty.The investor sentiment […]
Nifty 50 Index Chart Technical Analysis – Friday, August 9

Nifty 50 Index Chart Technical Analysis – Friday, August 9

Nifty 50 Index Chart Technical Analysis and potential Elliott Wave Counts:  Nifty seems to have terminated Minor Wave 5 of Intermediate Wave (5), within Primary Wave ((5)) around 25100-50 mark on August 01, 2024. The indice most probably terminated Cycle Wave 3 and should be preparing to produce a meaningful corrective wave lower. A break below 21000 mark, which is Minor […]
DeFi protocols show resilience despite this week’s macro crash: IntoTheBlock

DeFi protocols show resilience despite this week’s macro crash: IntoTheBlock

Key Takeaways Aave successfully executed $300M in liquidations during the market crash, contributing $6M in profits to its DAO. Liquid restaking tokens and yield-bearing stablecoins experienced brief depegs but quickly recovered, demonstrating market stability. DeFi protocols demonstrated resilience during this week’s market crash, with Aave facing its largest liquidations ever amounting to $300 million on […]
Justin Sun delivers keynote and fireside chat at ABS2024, TRON DAO featured as title sponsor

Justin Sun delivers keynote and fireside chat at ABS2024, TRON DAO featured as title sponsor

Geneva, Switzerland, August 9, 2024 – The Asia Blockchain Summit 2024 (ABS2024), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also participated in a thought-provoking fireside chat with Song Hongbin, author of “Currency Wars”. The summit convened leaders from Web3, and various industries to […]