October 2024 - Page 56 of 244 -

Solana meme coin Moo Deng jumps 100% on Binance Futures listing news

Oct 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways MOODENG’s price increased by 100% following Binance Futures announcement. The token previously reached a market cap of $300 million, inspired by a viral baby hippo. Share this article The price of Moo Deng (MOODENG) has rallied over 100%, from $0.074 to $0.168, minutes after Binance Futures announced the listing of MOODENGUSDT USD-Margined perpetual […]

Analytical Overview Of The Main Currency Pairs – Friday, Oct. 25

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The EUR/USD currency pairTechnical indicators of the currency pair: Prev. Open: 1.0781 Prev. Close: 1.0827 % chg. over the last day: +0.42 % The European Central Bank (ECB) may cut interest rates by only 25 bps instead of 50 bps in December. Preliminary PMI data for October showed that private sector business activity […]

Sensex Today Tanks 663 Points; Nifty Ends Below 24,200

Oct 25, 2024 Jeremy Parkinson Finance 0

After opening the day on a positive note, Indian share markets slipped as the session progressed and ended the day weak.Indian benchmark equity indices fell sharply on Friday, with the Sensex dropping over 900 points and the Nifty slipping below the 24,100 mark intraday amid lackluster Q2 earnings and persistent foreign outflows.At the closing bell, […]

Bitcoin Price Rebounds Above $67,000 As Whales Continue To Accumulate

Oct 25, 2024 Jeremy Parkinson Finance 0

Bitcoin (BITCOMP) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity.According to the analyst, whales—large holders of Bitcoin—now control approximately 670,000 BTC, the highest amount ever recorded. This accumulation phase by whales is […]

Next Week: Big Tech Earnings And Vital US Macroeconomic Readings

Oct 25, 2024 Jeremy Parkinson Finance 0

US stock indices face election and Fed rate risks NAS100 is 2% below its all-time high Alphabet earnings expected to sway market reactions Meta and Microsoft earnings forecasted for volatility US jobs report may impact financial market risk-taking The heady ascent for US stock indices since early September has been on hold for the past couple of weeks, as markets contend with looming US election risks, […]

INTC Stock Before Q3 Earnings Release: To Buy Or Not To Buy?

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Intel Corporation (INTC – Free Report) is scheduled to report third-quarter 2024 earnings on Oct. 31. The Zacks Consensus Estimate for revenues and loss is pegged at $13.01 billion and 3 cents per share, respectively. Earnings estimates for INTC have declined from 33 cents per share to 27 cents for 2024 and from $1.08 per share to […]

US Durable Goods Orders Revised Lower… Again

Oct 25, 2024 Jeremy Parkinson Finance 0

Preliminary data for October shows that headline US durable goods orders fell 0.8% MoM (slightly better than the -1.0% MoM expected), leaving orders down 2.9% YoY…Source: BloombergCore orders (ex-Transportation) rose 0-.4% MoM (-0.1% exp)Orders placed with US factories for business equipment declined in preliminary October data and the prior month’s gain was revised lower, suggesting firms are […]

Applied Materials Stock: Here Comes The Death Cross

Oct 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Applied Materials shares have moved into a bear market. They have dropped by over 28% from the highest point this year. The average AMAT forecast by analysts is $231. The Applied Materials (AMAT) stock price has come under intense pressure this year as investors continued to question its growth. It has dropped […]

Elliott Wave Technical Analysis: S&P/TSX 60 Index – Friday, Oct. 25

Oct 25, 2024 Jeremy Parkinson Finance 0

S&P/TSX 60 Elliott Wave Analysis – Trading Lounge Day ChartInstrument: S&P/TSX 60 – Day Chart Analysis Type: Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Wave Structure: Micro Navy Blue Wave 3 Position: Gray Wave 3 Next Lower Degree Direction: Micro Navy Blue Wave 4 Details: Micro navy blue wave 2 of 3 appears complete; micro navy blue wave 3 of 3 is now […]

Robo-Taxi: Tesla Or Uber?

Oct 25, 2024 Jeremy Parkinson Finance 0

What a difference two weeks make. Despite a 15% gain on Thursday, Tesla shares are back to where they were two weeks ago. The stock fell roughly 15% when its Cybercab robo-taxi presentation was a dud. As further attestation to the problems besetting Tesla’s robo-taxi program, shares of Uber and Lyft rose 10%. Today, shares […]