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TMN – Qualcomm

Qualcomm Soars on Upbeat Q4 Data, Smashes Estimates

On Wednesday, Qualcomm Incorporated traded higher in its fiscal fourth quarter, exceeding Wall Street’s projections. Its stock price increased by 4.27% to $172.99 per piece on November 06’s Asian afternoon session. More importantly, it is expected to climb further by 6.31% to $183.90 a share in the market after hours. The company’s earnings per share …

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TMN – Ferrari

Ferrari Registers Hurt Q3 Results, Misses Expectations

On Tuesday, Ferrari NV stocks decreased in its fiscal third quarter but remained positive with its full-year guidance. Its stock price declined by -7.36% to $441.00 per piece on November 05’s Asian afternoon session. In contrast, it is anticipated to rebound by 0.35% to $442.56 a share in the after-hours trading. The automaker’s earnings per …

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TMN - Apple

Apple AI Progress Reportedly Lags Behind OpenAI

Apple is reportedly boosting its artificial intelligence (AI), but internal research notes that it underwhelms rivals like OpenAI. According to reports, the Cupertino-based company’s AI tech is allegedly about two years delayed to industry leaders. Analysts say OpenAI’s ChatGPT has surpassed Apple’s Siri by a remarkable margin. The AI chatbot was 25.00% more precise than the …

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TMN - Oil

Oil Prices Rebound as Demand Woes, Mideast Conflict in Focus

On Monday, oil prices recovered following a dramatic loss last week, as traders focused on more signals on demand and possible supply disturbances in the Middle East. In the Asian afternoon session, Brent futures for December contacts increased by 0.57% to $73.48 per barrel. West Texas Intermediate for December delivery rose by 0.73% to $69.19 …

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TMN-Gold

Gold Price Surges as Mideast Conflict Offsets Dollar

On Thursday, gold rose as Middle East tensions offset the solid dollar after investors softened their forecasts for another US Fed interest rate reduction. In the Asian afternoon session, the yellow metal’s futures for December contracts surged by 0.14% to $2,682.90 an ounce. Analysts have observed a counterbalance between factors such as geopolitical tensions, shifts …

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TMN-Costco

Costco Shows High Q4 Earnings, Misses Revenue Forecasts

On Thursday, Costco Wholesale reported solid fourth-quarter financial data yet failed to meet revenue estimates due to cautious consumer spending. Its stock price was dragged down by -0.77% to $901.44 apiece on September 26’s Asian afternoon session. Likewise, it is expected to drop by -1.42% to $889.00 per share in after-hours trading. The membership-only store’s …

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Broker News

Prop Firm Traddoo Temporarily Denies New Client Access to the Dashboard

Traddoo, a retail proprietary trading company, has suspended challenge sales to new customers to implement updates on the current dashboard and customer payments.   Traddoo Temporarily Halts Challenge Sales for Dashboard Update According to prop firm Traddoo CEO Dylan Worrall, the company will work on a new dashboard for several weeks.  Hence, it’ll briefly interrupt …

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TMN-Tesla

Tesla Reportedly Set to Reveal Robotaxi Concept in October

On Wednesday, Tesla is reportedly set to unveil its electric vehicle (EV) robotaxi at Warner Bros. Discovery studio in California on October 10th. The event signals a milestone for the EV giant as it reveals its advancements in autonomous driving tech and its potential to transform the ride-hailing landscape. Tesla has been dominant in autonomous …

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