The GBP/USD pair attracts some sellers to around 1.3310 during the early Asian session on Friday, pressured by the renewed US Dollar (USD) demand. The UK Retail Sales data for March will be the highlight later on Friday.
Search giant Google's parent company, Alphabet Inc. (NASDAQ: GOOG), just reported its highest-ever quarterly earnings, bolstered in part by other income in the form of an unrealized gain, tied to an investment in a private company.
With Tokyo inflation accelerating well above 3% and solid wage gains expected, the possibility of the Bank of Japan hiking rates in June is increasing. Still, we’re sticking with our base case for a July tightening amid tariff uncertainty.
Derivatives traders aggressively bet on XRP's (CRYPTO: XRP) price increase amid the announcement of the coin's futures contracts on CME Group Inc. (NASDAQ:CME) on Thursday.
The S&P 500 and the Nasdaq Composite ended Thursday at their highest levels since early April 2, suggesting a return to the levels before the tariff announcement.
Amid the U.S.-China trade war and economic uncertainty, Intel is seeing unexpected demand for its older chips as businesses prioritize cost and stability over cutting-edge tech.
One basic question in economics is about “the multiplier”–that is, how much will an increase in government spending boost the size of the economy. If the boost in government spending doesn’t increase the size of the economy, the multiplier is zero.
Gene Munster warns that while Google's AI Overviews show steady usage and revenue, the company must overhaul its search experience to avoid becoming the next eBay in the AI era.
Considering how this week started — with a heavy thud on threats to Jerome Powell’s job as Fed Chair — these indexes are up +2% to nearly +5% so far this week. Not too shabby.
IBM's stock fell 6% in today’s trading session despite beating its first-quarter expectations after-market hours on Wednesday and maintaining its full-year revenue guidance.
U.S. stock futures are up Thursday night following three back-to-back days in the green during the regular session, amid growing earnings optimism and easing trade tensions.
U.S. stocks climbed for a third straight session, notching their longest winning streak since early April. The Nasdaq jumped 2.7% to close at 17,166.04.
After a great trading day on Wednesday, Thursday was less exciting. The market rallied on optimism that the trade war is over. Here’s a look at key Fibonacci levels across major equity index futures to watch as this momentum unfolds.
