Block Q3 Earnings Meet Estimates
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Block (SQ – Free Report) came out with quarterly earnings of $0.88 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this mobile payments services provider would post earnings of $0.76 […]
Here’s What We Really Got From The Fed Today
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash We got another cut today, and parsing out its statement is unusually easy… because they’re some of the shortest-ever remarks ever released around a rate cut, at least in recent memory.“Recent indicators suggest economic activity has continued to expand at a solid pace… labor market conditions have eased… unemployment has moved up but […]
Trump’s crypto agenda: 10 things he says he will do as president
Nov 07, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Trump pledged a series of actions for the crypto industry, and many await to see if these 10 promises will materialize once he takes office. Trump plans to fire SEC’s Gensler, free Ross Ulbricht, and establish the US as a crypto hub. Share this article Throughout his campaign, Trump promised several initiatives aimed […]
Who is SEC’s Mark Uyeda? Trump’s frontrunner for SEC chair
Nov 07, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Mark Uyeda is a leading candidate to become SEC Chair under Trump’s administration. Uyeda has criticized the SEC’s current crypto regulatory approach and advocates for clearer guidelines. Share this article With Donald Trump’s victory in the 2024 presidential election, speculation is mounting about potential changes at the SEC. Among the top contenders to […]
Kennedy Impacting Pharma Stocks
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash President Elect Trump’s pledge to appoint RFK to healthcare role spooking pharma stocks.Video Length: 00:10:25More By This Author:Market Election Reaction Politics Driving Consumer Sentiment Trump Trade Overrated
Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Bitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market. Trump’s pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration. With Bitcoin now sitting at all-time highs, many speculate this could begin a […]
Fed cuts rates by 25 basis points, pushing Bitcoin to a new all-time high of $76.7K
Nov 07, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The Federal Reserve reduced its benchmark rate by 25 basis points, the second cut this year. Bitcoin rose to $76.7K following the rate cut and Trump’s economic policies. Share this article The Federal Reserve cut its federal funds rate by 25 basis points today, lowering it to a range of 4.5–4.75%. As the […]
Post Trump Win, Our Top Pick
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The USA new administration is going to free up risk on. TRUMP is a crypto friend, and he will remove the dark cloud of legal attacks on the industry. This will allow scared and new money to come back into crypto. Ethereum is a sleeping giant, price action since Trump election win is […]
Trump Trade Continues: TSLA And INTC Explode On Cue
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As we look ahead to another trading day, the markets are ripe with opportunities shaped by both macroeconomic factors and individual stock catalysts. Our pre-market insights today spotlight key stocks poised for breakout and informed by our proprietary 4-pillar analysis framework, focusing on Catalysts, Sentiment, Fundamentals, and Technicals. Yesterday proved highly profitable for […]
Softs Report – Thursday, Nov. 7
Nov 07, 2024
Jeremy Parkinson
Finance, No picture
COTTON General Comments: Cotton was lower yesterday on a stronger US Dollar and as export demand remains weak. Trends are mixed in this market. China moved to lower interest rates again and there are hopes this move will help restart the economic engine there. Real estate has been the big problem there. There are still […]