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Cloudflare had a solid quarter, but the results were tepid relative to analysts' consensus, giving no reason to rally. Analysts are lowering their targets and providing a headwind for the market. The...
Stock prices didn’t do much yesterday as the S&P 500 index closed flat vs. its Tuesday’s closing price. However, the market managed to retrace losses after a lower open, resulting in a...
Gold's trading volume has risen close to $150 billion per day, second only to forex and S&P 500. This comes after demand for the yellow metal during the first quarter was the strongest in 8...
US index futures edged lower ahead of the open as investors book profit. Fed officials are hinting at high rates for longer, but the lack of bad news has limited the downside. Meanwhile, the Nasdaq...
Goldman Sachs (NYSE:GS) recently analyzed Tata Power (NS:TTPW)'s performance in the fourth quarter of fiscal year 2024, noting that its adjusted profit after tax (PAT) of INR 4.7 billion fell slightly...
Stocks were pretty flat yesterday, and we were in a boring sideways session. There is little to say besides that the index is hitting resistance around the 78% retracement level and the 5,198 gap has...
After the introduction of Gold and Silver ETFs and a 13-year secular bear market, everyone knows gold miners suck. Just ask Hugh Hendry.But the truth is far more nuanced. Here is almost everything you...
Yesterday we covered the Retail Sector XRT and how important the consumer is to the health of the US Economy.Furthermore, we have been commenting on the transportation sector through IYT and how...
Tesla (NASDAQ:TSLA) faces a federal probe over potential securities and wire fraud related to its self-driving technology claims.U.S. prosecutors are reportedly investigating Tesla for potential...
Niche social-media platform operator Reddit Inc (NYSE:RDDT) isn’t new, but it’s new to Wall Street as the company just filed for its initial public offering (IPO) in February and debuted...
Compared to its long-standing adversary AMD (NASDAQ:AMD), Intel (NASDAQ:INTC) severely underperformed. Year-to-date, AMD stock gained 11.5%, while INTC shares lost 37.4%. Over one year, this...
Goldman Sachs (NYSE:GS) recently provided an insightful analysis of the performance and prospects of key companies within the Indian internet sector. Let's break down the key points highlighted in...
Stocks were higher in the first quarter of 2024, continuing their winning ways that started in the fourth quarter of last year. Despite an up quarter overall, the MCM Thematic Growth Composite...
US indices have been gaining daily since the beginning of May. They have found strength amid relatively weak job reports and quite upbeat quarterly earnings. The S&P500 and Nasdaq 100 indices are...
Despite a decline in Q1 2024 earnings, Saudi Aramco announced a hefty dividend payout. Aramco remains committed to rewarding shareholders, projecting a total 2024 dividend payout of $124.3...