The European Central Bank (ECB) hiked its main refinancing rate to 2.65% on 10 September as widely expected, citing inflation above target. The euro made generally modest gains against most …
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Investing
Apple stock falls to key support ahead of foldable iPhone launch: buy the dip?
by adminby adminApple stock has pulled back over the past few days as investors turn their attention to the company’s upcoming event, where it is expected to unveil its foldable phone. AAPL …
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UnitedHealth (UNH) stock is inching lower after the healthcare giant confirmed the sale of a partial stake in its Optum Health Florida primary-care clinic network, including WellMed operations, to private …
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Escalating Middle East energy shocks, global central bank tightening, and a surging Japanese Yen dominate shifting financial markets. Geopolitical Tensions and Energy Shocks Escalating military conflicts between the United States …
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UBS expects the Federal Reserve to raise interest rates twice this year after a stronger-than-expected August jobs report reinforced expectations of a resilient US economy. The bank now forecasts 25-basis-point …
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Investing
Marvell Technology stock faces more pain ahead despite solid revenue numbers
by adminby adminMarvell Technology (MRVL) stock has slipped over 31% from its year-to-date high, mirroring the performance of other semiconductor companies. The stock was recently trading around $223, down 32% from its …
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Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those …
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GoPro shares rose 183% in five trading sessions, from $0.5999 on 28 August to $1.70 on 4 September, after the action-camera maker announced it was merging with an optical-components company …
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Investing
Lloyds share price forms a risky pattern as insiders sell, risky pattern forms
by adminby adminLloyds share price has crawled back in the past few days, moving from a low of 108.25p on September 1 to the current 112.75. It is hovering slightly below the …
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UBS expects the Federal Reserve to raise interest rates twice this year after a stronger-than-expected August jobs report reinforced expectations of a resilient US economy. The bank now forecasts 25-basis-point …