Key Points To Watch Out For: Berkshire Hathaway (BRK): Increase in profits boosts share price Berkshire Hathaway shares climbed 1.4% in premarket trading following the conglomerate’s report of growth in operating profits, expected to reach $47.4 billion in 2024. The company’s robust business figures continue to inspire investor confidence. Rheinmetall (RHM), BAE Systems (UK:BA), Thales […]
US Stock Futures Rise After Weekly Decline on Wall Street
U.S. stock futures ticked up on Monday, signaling a modest rebound after last week’s losses, as investors turned their focus to Nvidia’s highly anticipated quarterly earnings. By 05:30 ET (10:30 GMT), Dow futures climbed 294 points (0.7%), S&P 500 futures rose 32 points (0.5%), and Nasdaq 100 futures gained 91 points (0.4%). Wall Street ended last week in the […]
Daily Technical Analysis: EUR/USD Strengthens Above 1.0450 Following Conservative Victory in German Elections
The EUR/USD pair is attracting buying interest near 1.0480 at the start of Monday’s session, advancing on optimism surrounding the German conservative victory. Traders are closely monitoring the final German election results. German Election Boosts Euro Initial exit polls indicated that the German opposition conservatives, the Christian Democratic Union (CDU) and its partner, the Christian […]
Litecoin Explained: The Faster, Cheaper Alternative to Bitcoin
In the world of cryptocurrency trading, there is a wide variety of options catering to different strategies, investment budgets, and user preferences. However, this was not always the case. In the early days, only a few digital currencies existed, with Bitcoin as the pioneer. Then, the market started asking: how can one buy Litecoin? Litecoin […]
Today’s Stocks to Watch: Occidental and Howard
Key Points To Watch Out For: Celanese (CE): Impact of Low Global Demand Celanese shares plummeted nearly 15% in pre-market trading after reporting quarterly losses. Weak demand in key sectors such as automotive, paints, and industry significantly impacted its financial performance. Arista Networks (ANET): Positive Results, Cautious Market Reaction Despite reporting double-digit sales growth and […]
Dollar Stabilizes Amid Prospects of Ukraine Peace Talks and Trump’s Tariff Threats
The U.S. dollar was steady on Wednesday as traders weighed the potential impact of U.S.-Russia peace talks over Ukraine and a fresh tariff threat from President Donald Trump. By 07:20 ET (12:20 GMT), the U.S. dollar index, which tracks the greenback against a basket of other currencies, was up 0.1% at 107.21, reclaiming ground after falling 1.2% […]
US Stock Futures Decline Amid Geopolitical and Trade Uncertainty
U.S. stock futures edged lower on Wednesday, having gained earlier in the session, as investors weighed uncertainties around geopolitics and trade and the forthcoming release of minutes from the Federal Reserve’s latest policy meeting. Dow futures dropped 66 points, or 0.2% around 06:17 ET (11:17 GMT), while S&P 500 futures slid 6 points, or 0.1%. Futures for […]
Daily Technical Analysis EUR/USD: Pair Falls as Risk Appetite Improves While Trump’s Tariffs Fuel Uncertainty
Against the dollar, the euro is down by more than 0.30 percent heading into Tuesday’s end-of-session, weighed down by a return of positive sentiment in the market during the North American session, with the S&P 500 hitting a new record high. As of this writing, the EUR/USD pair is trading at 1.0445, below the opening […]
SEC May Drop Its Appeal Against Ripple: John Reed Stark
The regulatory landscape for cryptocurrencies in the US is shifting, and a potential change in the Securities and Exchange Commission’s (SEC) position could reshape the industry. John Reed Stark, former Director of the SEC’s Office of Internet Enforcement, has warned that the agency may drop its appeal against Ripple Labs, a move that could have […]
Today’s Stocks to Watch: Intel and Constellation Brands
Key Points To Watch Out For: Constellation Brands (STZ), Domino’s Pizza (DPZ): Boost After Berkshire’s Bet Shares of Constellation Brands and Domino’s Pizza rose in pre-market trading after Warren Buffett’s Berkshire Hathaway revealed a new stake in the beer company and increased its stake in the pizza chain. This backing has boosted market confidence in […]