Category Archive: Finance, No picture
Nvidia Nears All-Time High After Shaving Off 30%. Will It Continue Rallying?
Image Source: Unsplash Nvidia stocks (NVDA) are really close to the new high mark, it will probably hit it soon because the company has recovered from a big fall it experienced at the start of the year. After a massive dip of nearly 30%, Nvidia earnings have showed a strong comeback. The shares price have to […]
Johnson & Johnson’s Medtech Segment Shines With Impressive Q3 Growth
Johnson & Johnson’s third-quarter performance exceeded expectations, with adjusted EPS of $2.42 against an expected $2.19.Johnson & Johnson (JNJ) reported a robust performance in the third quarter of 2024, demonstrating a 5.2% increase in reported sales, reaching $22.5 billion. The operational growth was slightly higher at 6.3%, showcasing the company’s resilience and adaptability in a competitive […]
GBP/USD Remains Below 1.3050 Following UK Labor Data
GBP/USD edges lower after registering gains in the previous two sessions, trading around 1.3040 during the Asian trading hours on Tuesday. The pair remains subdued following the mixed employment data release from the United Kingdom (UK).The UK ILO Unemployment Rate eased to 4.0% in the three months leading up to August, down from July’s 4.1% […]
Charted: The Speed At Which New Technologies Go Mainstream
Innovation cycles tend to build upon each other, reducing the time taken between each milestone.For example, the first wave of the Industrial Revolution took half a century, while later advancements like electrification occurred in just a few decades, and today’s digital innovations happen in just a few years.As a result, the mainstream adoption of new technology has […]
Gold Trading Strategy Today – Tuesday, Oct. 15
Image Source: Unsplash Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:39More By This Author:Palladium Trading Strategy And XPDUSD Forecast […]
Current Report – AT&T
Image Source: Unsplash The wireless business contributes nearly 70% of AT&T’s revenue. (T) is the third-largest US wireless carrier, connecting 72 million postpaid and 17 million prepaid phone customers.Fixed-line enterprise services, which account for about 16% of revenue, include internet access, private networking, security, voice, and wholesale network capacity.Residential fixed-line services, about 11% of revenue, primarily […]
Elliott Wave Technical Analysis – Bitcoin Crypto Price News Today
Image Source: Pexels Elliott Wave Analysis TradingLounge Daily Chart,Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave IVWave Cancel invalid level:Details: The decline of wave IV is likely to end and the price is re-entering the uptrend.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:It looks like the wave IV correction is complete and […]
FX Daily: Falling Oil Prices Can Hold The Dollar Back Today
Image Source: Unsplash The dollar has started the week on the front foot, helped by some disappointment on Chinese stimulus and further hawkish repricing in Fed expectations. However, declining oil prices suggest the scope for further USD gains today is tight. Inflation data in Canada and New Zealand may support local currencies given stretched dovish expectations. […]
Weekly Recap And DARP Update – Monday, Oct. 15
Image Source: Unsplash The Alhambra team recaps the most significant market and economic news of the week.Video Length: 00:12:27More By This Author:China Stimulus May DisappointFed Cuts, Rates Go UpAI Economy – Part 2
Does The Central Bank Determine Interest Rates?
↵Image Source: Pexels Most experts agree that, through the manipulation of the short-term interest rates, the central bank can also determine the direction of the long-term interest rates. Some popular thinking alleges that the long-term interest rates are the average of the present and the expected short-term interest rates. Hence, it would appear that the central […]
