August 1, 2024
Boeing names aerospace veteran Kelly Ortberg CEO to steer turnaround
Boeing named aerospace industry veteran Kelly Ortberg as its CEO to turn around the struggling planemaker after a quarter where it lost more than $1 billion. Ortberg will start on Aug. 8 with the monumental task of rebuilding trust with regulators, the industry and the public during a quality crisis
Read More
August 1, 2024
Nasdaq, S&P 500 ride chip-stock wave before Fed decision
The Nasdaq and the S&P 500 jumped around 2%, as investors hoped for hints from the Federal Reserve on the timing of rate cuts, a bullish forecast from AMD boosted chip stocks and Microsoft slipped after a higher spending forecast.
Read More
August 1, 2024
Oil up from 7-week lows
Oil prices rose more than 4%, rebounding from seven-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed a drawdown in U.S. crude stockpiles driven by robust exports. The Oil-Dollar pair exploded 4.3% in the last session. The ROC is giving a positive signal.WTI/USD exploded […]
Read More
July 30, 2024
S&P 500 barely rises as investors await key results, jobs data, Fed meeting
The S&P 500 closed barely higher after choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a Federal Reserve policy decision on interest-rate cuts and key US labor data, all due this week. A bruising selloff in U.S. stocks is putting a sharper focus on valuations of […]
Read More
July 30, 2024
Solana near yearly high after 27% July gain and SOL price ‘double bottom’
Solana’s price is primed to end July with a 30% monthly return and looks poised to challenge its yearly high of around $210 over the next few weeks. While most of the community attributes SOL’s success to its memecoin euphoria, its robust liquid staking ecosystem is emerging as a strong onchain narrative.
Read More
July 29, 2024
The last session saw Alibaba shares gain 1.6%
The last session saw Alibaba shares gain 1.6%. The RSI is giving a positive signal.Alibaba’s stock gained 1.6% in the last session.The RSI is giving a positive signal.Support: 74.4967 | Resistance: 76.6667
Read More
