PayPal Reports Q3 2024 With A 6% Increase In Net Revenues To $7.8 Billion
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
PayPal Holdings, Inc. (PYPL) reported robust financial results for the third quarter of 2024, showcasing significant growth across various operational metrics. The company achieved a 6% increase in net revenues, amounting to $7.8 billion, as well as an 8% rise in transaction margin dollars, reaching $3.7 billion.The GAAP operating income saw a remarkable 19% growth, totaling […]
Secular Inflation Is An Invisible Stock Market Crash
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Secular inflationary bear markets are the worst ones due to the extended periods of poor performance in real terms.The 60/40 portfolio performed worse in 1965-1982 than during 1929-1942 and 2000-2011 due to inflation and the secular bond bear market.Video Length: 00:08:19More By This Author:Precious Metals Cool Off After Silver Tests $35 Resistance 3 […]
DAX Points To 20K Area
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Looking at the 4-hour chart of DAX, we can see a strong rebound in the last two months back to new ATH, but bulls can be losing some strength up here as we see price turning back down to 19k area, where overlap with black wave I put wedge shape in action. We […]
FX Daily: Watch The Liquidity Factor
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The proximity to the US election can favor more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up with September job opening data today. Reversing the August jump is a necessary, but perhaps not a sufficient condition to temper […]
Amazon Earnings Loom: Are Shares A Buy?
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashZacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you’re interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.Let’s take a closer look at the ‘Cloud Computing’ theme and analyze a few stocks within.Cloud Computing OverviewCloud computing […]
HSBC’s $3b Share Buyback: What It Means For Investors After Q3 Earnings Beat
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash HSBC’s pre-tax profit hit $8.5 billion. Revenue also rose by 5% to $17 billion. This buyback marks the third $3 billion repurchase this year. HSBC, Europe’s largest bank, announced a $3 billion share buyback following an impressive third-quarter earnings report that exceeded analyst forecasts.This announcement, alongside a solid revenue increase, emphasizes HSBC’s robust […]
The Commodities Feed: Supply Risks Subside For Now
Oct 29, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Energy – SPR refill The oil market came under significant pressure yesterday as the market digested Israel’s long-awaited response to Iran’s recent missile attack. ICE Brent settled more than 6% lower on the day leaving it at just below $72/bbl. As we mentioned yesterday, the targeted response from Israel does leave the door open […]
Bitcoin spikes to $71,500, 4% away from all-time high
Oct 28, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin’s recent price surge to $71,000 is closely linked to substantial inflows into Bitcoin ETFs. Despite market fluctuations, Bitcoin maintains a strong recovery momentum. Share this article Bitcoin has rallied over 5% to $71,500 and is now within striking distance of its all-time high of $73,700. The surge comes as the US presidential […]
Reporting Companies Up Big In Late Trading
Oct 28, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashA healthy start to the trading week relied mostly on speculative valuation, as much of the factual reportage has yet to materialize. What we mean by this is most of the meaty reports with the potential to sway trading trajectories haven’t happened yet.Even still: the Dow was up +275 points, +0.65%, while the S&P […]
This Crown Reversal Could Double Our Profits On Tuesday
Oct 28, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Weekend’s Over – let’s make some money! Markets are range-bound ahead of earnings tomorrow evening…Combine that with a big clue on the 60min chart, and it’s easy to see why this Crown Reversal is my favorite trade for tomorrow!Markets have been wild the last couple days…Anytime I see markets make big moves […]