The EUR/USD remains in choppy trading as market players prepare for the release of the FOMC March’s meeting minutes, but earlier gave way for USD bulls, as it broke below the 1.0900 mark during the European session, but reclaimed the latter in the North American session. At the time of writing, the EUR/USD is trading at 1.0905, barely flat. Downbeat market mood...
Recovery move on PALLADIUM faded after price broke above the 2,225 price zone. The 2,300 area turned out to be too tough for bulls to break and price pulled back to the aforementioned 2,225 price zone.
Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall -- and crashing right down beside him was semiconductor giant Advanced Micro Devices (AMD), which lost 8% of its market capitalization -- about $16 billion -- after investment bank Barclays downgraded its stock to Equalweight (i.e. Hold) on Thursday.
Twitter stock was up nearly 25% Monday after Musk purchased 9.2% of the social-media company’s stock, according to a filing with the Securities and Exchange Commission. Tesla stock was up 3.4%. The S&P 500 rose 0.3% , while the Dow Jones Industrial Average was down 0.1%.
Tesla CEO Elon Musk has taken a major interest in Twitter less than two weeks after criticizing the social media platform on free-speech grounds and Twitter stock is soaring.
WTI (OIL.WTI) reached the resistance zone marked with 61.8% retracement of early-March correction yesterday ($116 area). Nevertheless, bulls failed to break above it and a correction was launched. Pullback continues today and the nearest support can be found at the lower limit of market geometry ($110.30).
The plant was delayed for eight months after local authority licensing problems. The more than €5bn (£4bn) factory is the biggest investment in a German car plant in recent history. Tesla said more than 3,000 of the factory's expected 12,000 workers had been hired so far.
Advanced Micro Devices (AMD) closed at $113.46 in the latest trading session, marking a +1.58% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.17%. At the same time, the Dow added 0.8%, and the tech-heavy Nasdaq gained 0.31%.
NVIDIA posted outstanding gains last week, lifting more than 25% to a four-week high. The turnaround erupted at the 200-day moving average, raising hopes for a sustained bottom and end of the downtrend that started in November.
Alibaba (BABA) China-based stocks listed in the U.S. are staging strong rallies in premarket trading, helped by state media reports that the Chinese government will take steps to support the markets and the economy, and that the U.S. and China are progressing toward an agreement on regulatory requirements for those companies. Alibaba up 19.2%
Nvidia (NVDA) – The graphics chipmaker’s stock added 2.3% in the premarket after Wells Fargo added it to its “signature picks” list. The firm anticipates upbeat announcements from Nvidia at its upcoming investor day, and also said the recent market downdraft has helped create a favorable risk/reward profile.
Tesla shares are lower again, adding to Friday’s significant decline, as investors weigh the impact of another tweet from CEO Elon Musk and focus on factors that might hurt the EV company’s earnings in 2022.
Tech analyst says buy the dip on Microsoft and names the other tech stocks he likes.
GOLD look towards record highs yesterday but ultimately finished trading below 2020 highs. Advance was halted at the exterior retracement of June-August 2021 correction 2,060 and price pulled back to the 2,050 area. Gold trades flat today, awaiting catalyst for the next move.
Tech Giants Stage Their First All-Out Brawl in the Metaverse.
Tesla plans new Shanghai plant to more than double China capacity - sources
Technical point of view, if price breaks above 1104, our target would be 1190 and 1533. Current formation pattern failure swing ( reversal pattern ).
Tesla CEO Musk accuses SEC of calculated effort to 'chill' his right to free speech