Category Archive: Cryptocurrency, No picture
Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements
Key Takeaways Goldman Sachs plans to create a new blockchain venture from its digital-assets platform. Tradeweb Markets will partner with the bank to develop new commercial use cases for the platform. Share this article Goldman Sachs is in the process of putting its existing digital-assets platform into a new entity aimed at large financial firms, […]
Analytical Overview Of The Main Currency Pairs – Monday, Nov. 18
Image Source: Unsplash The EUR/USD currency pairTechnical indicators of the currency pair: Prev. Open: 1.0530 Prev. Close: 1.0540 % chg. over the last day: +0.09 % Expectations that the ECB will cut interest rates more aggressively than the Fed are weighing on the single currency, while the dollar is strengthening amid estimates that Donald Trump’s policies […]
Bull Of The Day: Tactile Systems Technology
Tactile Systems Technology is a Zacks Rank #2 (Buy) that has an A for Value and a C for Growth. The company develops medical devices for the treatment of chronic diseases at home. Let’s explore more about this company in this Bull of The Day article. DescriptionTactile Systems Technology, Inc. engages in developing and providing medical devices […]
S&P 500 Weekly Action Areas & Price Objectives – Monday, Nov. 18
Image Source: Unsplash In this update, we review the recent price action in the emini SP500 futures contract and identify high probability action areas & price objectives for the trading week ahead.Video Length: 00:07:34More By This Author:Daily Market Outlook – Monday, Nov. 18 FTSE Fighting To Defend 8K Daily Market Outlook – Friday, Nov. 15
Super Micro Computer Faces Client Exodus: What’s Behind It?
Image Source: Unsplash Nvidia and YTL Corp are switching from SMCI to more stable suppliers. Cisco plans on making life more difficult for Super Micro Computer as well. Supermicro stock is up on optimism that it will avoid a delisting today. Super Micro Computer Inc (Nasdaq: SMCI) may succeed in avoiding a delisting as it […]
MicroStrategy buys $4.6 billion in Bitcoin, boosts holdings to nearly $30 billion
Key Takeaways MicroStrategy acquired 51,780 Bitcoin for $4.6 billion between November 11 and November 17. The company’s total Bitcoin holdings now approach $30 billion in market value. Share this article MicroStrategy announced today it had acquired 51,780 Bitcoin in a series of purchases made between November 11 and November 17, paying an average price of […]
What’s Already Priced In
Image Source: Unsplash As per our opening call, it will be interesting to see how things play out in the world of FX this week. The fact that the market has now taken a good amount of time to digest the Trump victory in the US election could mean that we have already seen most of […]
Oil Is Growing Amid Escalation In Eastern Europe
Image Source: Unsplash At the end of Friday, the Dow Jones (US30) fell by 0.70% (-1.39% for the week). The S&P 500 Index (US500) was down 1.23% (for the week -2.30%). The Nasdaq Technology Index (US100) was down 2.40% (-3.67% for the week). Wall Street saw a sharp decline on Friday as investors evaluated Fed Chair […]
Nvidia’s New AI Chips Reported To Have Overheating Issues, Stock Dips
Image Source: Unsplash Nvidia Corporation (Nasdaq: NVDA) is reportedly grappling with technical challenges related to its latest Blackwell AI chips. These chips, which are essential components for advanced data processing, have been reported to overheat when installed in server racks designed to accommodate up to 72 units.This overheating issue has emerged as a significant concern for Nvidia, which had […]
AUD/USD Stabilises Amid RBA’s Hawkish Outlook
Image Source: Unsplash AUD/USD is showing signs of stabilization near 0.6465, marking its second consecutive session of attempts to recover.The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock stated that interest rates are restrictive and will remain so until the RBA is fully assured […]
