November 18, 2024
Nvidia results in focus as stock market’s election boost stalls
Nvidia’s results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and AI trade after an election-fueled rally. A nearly 800% run in shares of Nvidia over the past two years has propelled the company to the world’s top spot by […]
Read More
November 18, 2024
NFTs weekly sales surge 94% as crypto market continues bullish run
Non-fungible tokens saw a weekly sales volume of $181 million, fueled by significant gains in Bitcoin and other cryptocurrency markets. On Nov. 17, NFTs recorded a sales volume of $181 million over the last seven days. The data shows a 94% increase compared to the week before.
Read More
November 15, 2024
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading, as a steep draw in U.S. fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger dollar. The last session saw the Oil gain 0.6% against the Dollar. The MACD is giving a negative signal.Support: 66.312 | Resistance: 70.722
Read More
November 15, 2024
Disney offers robust multi-year forecast, stoking stock
Walt Disney shares surged after the entertainment giant reported quarterly earnings that beat Wall Street’s estimates and offered robust guidance for the coming years. The company projected adjusted earnings-per-share percentage growth in the high single digits in fiscal 2025.
Read More
November 14, 2024
Bitcoin rises above $90,000
Bitcoin broke through the $90,000 level, as its rally showed no signs of easing. The world’s biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs, reaching over $93k. The Bitcoin-Dollar pair skyrocketed 3.2% in the last session. The Stochastic-RSI indicates an overbought […]
Read More
November 14, 2024
Dollar hits one-year high on Trump trades
The U.S. dollar advanced to one-year high against major currencies powered by so-called Trump trades and after U.S. inflation for October came in as expected, suggesting the Federal Reserve will continue lowering interest rates.
Read More
