Market news
BREAKING: US CB Consumer Confidence Index unexpectedly rises in October
US Conference Board Consumer Confidence index unexpectedly increased to 113.8 in October, from the previous month's 109.3 and compared to market expectations of 108.9. Further details o...
Growth Stocks: Skyworks Solutions
Skyworks has done extremely well since the channel rupture in 2018, outperforming the market by a wide margin. Being a direct supplier of 5G technology to Apple, a great growth is discounted desp...
Chart of the day - EURUSD (26.10.2021)
The main currency pair - EURUSD - traded sideways in the 1.1615-1.670 range for the past few days. However, a downside breakout occured yesterday and the move is being continued today. Note that the l...
Economic calendar: US survey data, mega-cap earnings
European markets seen opening flat CB consumer confidence data for September Earnings reports from Microsoft and Alphabet European index futures are trading little change on the day, s...
Morning wrap (26.10.2021)
S&P 500 and Dow Jones reached fresh record highs yesterday, gaining 0.47% and 0.18%, respectively. Nasdaq gained 0.90% but still trades short of record high Bulls dominated during the Asia...
Daily summary: US stocks hit record high ahead of blockbuster earnings week
US500 and US30 both hit new ATH's European equities close mostly higher NATGAS price soar Bitcoin soars after Musk revealed his crypto investments European indices finished today's session...
Tesla stock hits new ATH after Hertz places biggest EV order ever
Tesla (TSLA.US) stock jumped more than 7.5% and reached a new all-time high during today's session after Bloomberg reported that car rental firm Hertz has ordered 100,000 cars from the electric car ma...
Top stock reports to watch this week (25.10.2021)
The US earnings season is in full swing and the week ahead looks to be the biggest one yet. At least, in terms of a combined market capitalization of companies that will report Q3 earnings. This is mo...
Chart of the day - US100 (25.10.2021)
US equity indices continued to recover from September's correction last week. While S&P 500 and Dow Jones managed to reach fresh record highs, Nasdaq-100 (US100) lagged behind. US tech index halte...
Economic calendar: German survey data and Facebook earnings
European markets seen opening flat German IFO index for October Facebook Q3 earnings Futures markets point to a flat opening of the European session today. Moods during the Asian sessi...
Morning wrap (25.10.2021)
Moods in Asia were mixed at the beginning of a new week. Nikkei dropped 0.7%, S&P/ASX 200 gained 0.3%, Kospi moved 0.5% higher and indices from China traded mixed European and US futures t...
Daily summary: S&P 500 slips from record after Powell cautions on inflation
European equities end week on bright note US stocks pull back after Powell speech Gold caps gains as dollar pares losses Renewed tension between UK and EU Bitcoin fell to $60k level Euro...
Beyond Meat stock tumbles 14% after cutting revenue forecast
Beyond Meat (BYND.US) stock plunged more than 14% during today's session after the producer of plant-based meat substitutes lowered its third-quarter revenue outlook citing weakening demand, supply ch...
BREAKING: Wall Street pulls back following Powell comments
US dollar strengthened, while both Dow Jones and the S&P 500 retreated from record levels following Fed Powell comments during a Panel Discussion at the Virtual Bank for International Settlem...
Three markets to watch next week (22.10.2021)
Next week is packed with top-tier events. Investors will be offered earnings from US mega-caps as well as the Q3 GDP report from both sides of the Atlantic. On top of that, the ECB and BoC will announ...
