Category Archive: Finance, No picture
Why The New IPphone SE Could Disrupt Apple Stock Performance
Image Source: Unsplash Investors should consider taking profit in Apple Inc (Nasdaq: AAPL) as its share price runs the risk of seeing a meaningful decline over the next twelve months, warns Brandon Nispel – a KeyBanc analyst.On Friday, Nispel downgraded the iPhone maker to “underweight” and said its shares could sink to $200 that indicates a […]
Bitcoin whales scoop up BTC like never before as market eyes new highs
Key Takeaways Bitcoin whales have reached a record accumulation of 670,000 BTC. Historical trends show whale buying often precedes major market rallies. Share this article Bitcoin whales have reached a historic milestone by accumulating 670,000 BTC, the highest level of whale holdings on record, according to a post by crypto analysis firm CryptoQuant. Although Bitcoin recently […]
Michael Saylor says Microsoft can make “next trillion dollars” by investing in Bitcoin
Key Takeaways Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity. Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it Share this article Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to […]
Solana meme coin Moo Deng jumps 100% on Binance Futures listing news
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
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 […]
INTC Stock Before Q3 Earnings Release: To Buy Or Not To Buy?
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 […]
FX Becalmed Ahead Of The Weekend And Next Week’s Big Events
Image Source: Unsplash Overview: The dollar is trading quietly, with a slightly firmer today. There has been little follow-through selling after yesterday’s setback. The Canadian dollar and sterling are faring best. The yen is a little softer after Tokyo’s CPI came in lower as expected due to the government’s energy subsidy. The election for the lower house […]
Risks Of A Growth Slowdown In Italy After Latest Confidence Data
A weaker reading in Italian services’ confidence in the fourth quarter is adding to a softness in manufacturing. And that means risks of a marked deceleration in GDP growth in the fourth quarter.Confidence data released earlier today by Istat deteriorated both on the business and the consumer front, suggesting that an economic deceleration in the last […]
Forty Years Of Trends In American Consumer Spending
How much and on what do American households spend money each year?The answers to these questions can be found in the Consumer Expenditure Survey, which have been updated to include the results from 2023. In this article, we’ll visualize that spending data and present its historic trends, which now spans the last four decades.Let’s start with some […]
Colgate-Palmolive Beats Market Expectations With $5.03 Billion In Net Sales
Image Source: Unsplash Colgate-Palmolive Company (NYSE: CL) recently announced its financial results for the third quarter of 2024, reporting a 2.4% increase in net sales, reaching $5.03 billion compared to $4.91 billion in the same period last year.The company’s organic sales growth was notably stronger, at 6.8%, showcasing a robust performance driven by both volume growth and […]
