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AT&T Dips In Premarket After Data Breach Affecting 73 Million Customers
Telecommunications giant AT&T Inc. (T) is grappling with the fallout from a massive data breach that exposed the personal information of 73 million current and former customers. The company’s stock dipped 2.44% in premarket trading on Tuesday following the confirmation of the leak, which included sensitive details such as social security numbers and dates of birth. Despite the breach, […]
EUR/USD Faces Pressure Near 1.0800 Ahead Of Data-Packed Week
Image Source: DepositPhotosThe EUR/USD pair falls after a pullback move to near the round-level resistance of 1.0800 in the late London session. The major currency pair faces pressure as investors turn cautious ahead of a data-packed week.The market sentiment appears to be risk-off as risk-sensitive currencies are down. S&P 500 futures have surrendered almost entire gains […]
USD/TRY Forecast: Watching For Moves
The forecasts for the Turkish Lira include the continuation of the pair’s rise targeting levels of 32.50 lira, as each dip represents an opportunity to reinforce buying contracts. Signals for the Lira Against the Dollar Today– Risk 0.50%.Best Buying Points: Open a buy order at 32.25. Set a stop-loss order below 32.05. Move the stop-loss to […]
Crude Oil Forecast: Bullish Trends In Focus
It looks like a break above the $83 level opens up the possibility of a move to $85 above, possibly even higher than that. Short-term pullback should continue to be buying opportunities. Crude oil markets continue to look strong overall, but at this point in time we need to pay attention to how the markets closed on […]
Baltimore Bridge Collapse Has East Coast Ports On Alert For Cargo Diversions
US Transportation Secretary Pete Buttigieg told CBS’s Face the Nation on Sunday that there is no timeline on when salvage crews in Baltimore, Maryland, will clear the critical shipping channel blocked by the wreckage of the collapsed Francis Scott Key Bridge. He said it’s important “to our national supply chains to get that port back up and […]
The Dual Path To Wealth – Invest In The Best Dividend Value Stocks
As a long-term investor aiming to consistently beat the market, you might need to look at a combination of dividend and value investing based on how they stand out for their proven track records and distinctive approaches.Dividend investing revolves around acquiring stocks that consistently pay dividends, while value investing relies on the art of finding […]
Assessing The Fallout Of The Baltimore Bridge Collapse On The Energy Market
The recent collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has caused a temporary halt to all shipping traffic from the Port of Baltimore. A reader recently asked me how this might impact the energy markets. Pixabay First, the closure should have minimal impact on the transportation of more commonly used […]
GBP/USD Analysis: Treading Lower
Currently, the next most important support levels will be 1.2545 and 1.2480, and from the last level, the technical indicators will move towards strong selling saturation levels. The recent failure of the pound to hold its ground has seen the GBP/USD currency pair break below the 1.2600 support level. Losses are extending to 1.2571 at the start […]
China PMI Is Better Than Expected But The Greenback Still Rises Above CNY 7.23
PixabayOverview: The dollar is trading quietly against the G10 currencies as European markets remain on holiday. Narrow ranges have prevailed. The dollar-bloc currencies are leading with minor gains, perhaps helped on the margins by better-than-expected Chinese PMI, but the Scandis, which also typically do well amid a better global growth profile are the laggards. This may […]
Nio Deliveries Tank 40% In Q1: Former MI6 Chief Says Chinese EVs A ‘Serious Problem’
All eyes are on Nio Inc (NYSE: NIO) today after it reported a rather huge 40% sequential decline in deliveries for its first quarter. Nio delivered over 30,000 vehicles in Q1The EV firm based out of Shanghai, China delivered 30,053 vehicles in total that translates to a 3.0% decline versus the same quarter last year.$NIO did, however, […]
