Two of the Dow's 30 constituents are ripe for the picking amid the heart of earnings season, while another artificial intelligence (AI)-inspired component is sending the wrong signals.
The GBP/USD pair attempts to maintain its position after registering gains in the previous session, trading around 1.3300 during the Asian trading hours on Tuesday.
The Japanese Yen (JPY) reverses an Asian session dip against its American counterpart and looks to build on the gains registered over the past two days.
Last week, Super Micro reduced its third-quarter net sales and adjusted earnings per share outlook, with the new guidance falling notably below the consensus.
The odds that the Philippine central bank will continue to cut rates are rising amid lower-than-expected inflation, a stronger-than-expected local currency and high real rates, combined with uncertainty about global growth.
The company posted its 12th consecutive quarter of growth, supported by new hotel additions and international expansion. Despite this, shares fell over 4% amid cautious technical sentiment and weak short-term signals.
Two Bitcoin (CRYPTO: BTC) investors, dormant for over a decade, moved roughly $325 million worth of the asset on Monday, sparking intrigue in the cryptocurrency community.
Palantir's stock dropped 9.25% after reporting better-than-expected earnings, with analysts divided on its future, as Dan Ives remains bullish while Brent Thill remains cautious about its high valuation.
