On Wednesday, May 26, Nvidia posted its earnings report. The company has a sales growth rate of 84% in comparison to last year. The company smashed various quarterly sales records and forecast revenue growth for about $1 billion over Wall Street’s estimation for the latest quarter. This happened as the data-center chip firm is facing …
Nvidia Earnings Report, 84% Sales Growth vs. Last Year Read More »
On Wednesday, May 26, Sony Group said it would invest ¥2 trillion ($18.39 billion) for the next three years. It also partnered with Discord to merge with PlayStation in 2022. In a statement, the firm said that it would boost its investments on mobile and online platforms. It has a vision of broadening its consumers …
Sony Plans to Invest ¥2T, Discord to Merge with Play Station Read More »
On Monday, May 24, Apple stock smashed 1.33% to $127.10 as the market closed, forming an Elliott wave theory pattern. The said wave pattern is a set of foretelling technical analyses based on repeating price motion. Apple Inc.’s stocks already established a five-wave pattern while integrating to prompt a sharp uphill spike. An analyst said …
The U.S. dollar tumbled down near its lowest level in three months while the Euro skyrocketed on Monday. Investors contemplated the possibility of the Federal Reserve’s tapering its stimulus spending soon. They don’t believe it fully that soaring U.S. inflation is transient, as the agency maintains in its comments. The dollar index traded at 90.045 …
U.S. Dollar Fell Against the Euro Today. What About the Yen? Read More »
Because of potential obstacles in the 2015 Iran nuclear agreement, oil prices rose on Monday. There are doubts about the future of indirect negotiations, which may end U.S. sanctions on Iranian crude oil exports and add more oil supply to the market. Even if Iran’s exports increase, the reasons for the price increase remain intact. …
Oil price overview: will extra Iranian oil drop the prices? Read More »
On Monday, May 24, Samsung Biologics shares spiked. This was a result of an announcement of its partnership with Moderna. The company will help manufacture the mRNA-1273 COVID-19 vaccine at its facility in Incheon, South Korea. Moderna Inc. is a biotechnology company that is a pioneer in producing messenger RNA (mRNA) therapeutics and vaccines based …
Samsung Biologics Shares Spiked After Moderna Vaccine Deal Read More »
Robinhood IPO shares are now open for access to amateur investors as the company’s latest move in democratizing retail investing. The firm is a stock trading application set off to be a household name and media mainstream in 2020. It provides a commission-free trading platform for stocks, exchange-traded funds, options, American depository receipts, and cryptocurrencies. …
Robinhood IPO Shares, Now Open for Retail Investors Read More »
Most Asian stocks crashed as the U.S. Federal Reserve officials signal tapering asset purchases. As recorded on April’s meeting minutes released on Wednesday, May 19, a debate regarding taper talks is open at the upcoming meeting as early as next month to scale back the massive bond purchases. As stated, many participants recommended that if …
Asian Stocks Crashed as Fed Signals Tapering Asset Purchases Read More »
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
