June 5, 2024
Tesla to spend up to $4 billion on Nvidia hardware
Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia’s hardware this year, CEO Elon Musk said. Musk also said that out of the $10 billion in artificial intelligence-related capital expenditure this year, around half would be internal spend. Tesla’s stock price remained largely unchanged in the last […]
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June 5, 2024
Oil prices fell as OPEC+ boosts supply
Oil prices fell more than $1 a barrel on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. The Oil-Dollar pair plummeted 1.5% in the last session. The CCI indicates an oversold market.Support: 71.661 | Resistance: 79.061
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June 5, 2024
USD edged higher
The U.S. dollar edged higher from its more than two-month lows against the euro, sterling and Swiss franc, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week.
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June 4, 2024
GameStop shares jump
GameStop shares jumped around 30% on Monday after the stocks influencer known as “Roaring Kitty” returned to Reddit with a post showing a $116 million bet on the embattled videogame retailer.
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June 4, 2024
The Euro-Dollar pair gained 0.4%
The Euro-Dollar pair gained 0.4% in the last session. The Stochastic-RSI indicates an overbought market.EUR/USD gained 0.4% in the last session.The Stochastic-RSI points to an overbought market.Support: 1.0841 | Resistance: 1.086
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June 4, 2024
GBP/USD gained 0.4%
The Pound gained 0.4% against the Dollar in the last session. The Stochastic-RSI indicates an overbought market.GBP/USD gained 0.4% in the last session.The Stochastic-RSI points to an overbought market.Support: 1.2726 | Resistance: 1.2757
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