Stock technical analysis questions can be as unique as the individual stock analyst themselves. Queries often have multiple technical indicators like Simple Moving Average (SMA), Exponential Moving Average (EMA), Relative Strength Index (RSI), and others. Answering these varied questions would mean writing complex business logic to unpack the query intoContinue Reading
The S&P500 (SP500) closed in the green on Friday, after investors digested quarterly results from big banks and data showing consumer prices cooling down in June, bolstering bets for a September rate cut. For the week, the Nasdaq (COMP:IND) lost 0.7%, while Dow (DJI) advanced 1%. Wall Street had aContinue Reading
U.Today – According to crypto analyst Lark Davis, at the handle “TheCryptoLark” on X, is up 356% since this cycle’s low. In a tweet, Cryptolark noted that Bitcoin’s current price performance is remarkably similar to what was seen in the last two market cycles. BTC has surged 356% since thisContinue Reading
Vertigo3d We are not at the start of a great rotation, but details from the leading to the 2000 tech bubble burst, may shine a light on what’s happening today, said Deutsche Bank Research’s Jim Reid. Yesterday, 396 stocks of the S&P 500 (SP500) were up, but the overall S&PContinue Reading
JasonDoiy/iStock Unreleased via Getty Images Apple’s (AAPL) settlement with European Union antitrust regulators, announced early on Thursday, could allow the iPhone maker to open its Near-Field-Communication technology to third-party payment providers in the U.S., such as PayPal (NASDAQ:PYPL). Previously, only AAPL’s mobile wallet Apple Pay used to allow iPhone usersContinue Reading
AndreyPopov The Federal Trade Commission’s lawsuit on Tuesday to block Tempur Sealy’s (NYSE:TPX) planned $4 billion purchase of Mattress Firm removes an overhang on Tempur Sealy’s stock, according to a Piper Sandler analyst. The regulator issued an administrative complaint and authorized a lawsuit in federal court to prevent the deal,Continue Reading
The S&P500 (SP500) closed in the green on Friday, after an eventful week that saw the arrival of fresh economic data supporting the easing of monetary policy. Besides focusing on the Fed’s monetary policy committee meeting, market participants also digested comments from Fed chair Jerome Powell. For the week, theContinue Reading
jetcityimage/iStock Editorial via Getty Images Eli Lilly’s (NYSE:LLY) newly approved Alzheimer’s drug Kisunla could generate peak sales of up to $7.1B for the company and will help diversify the drugmaker’s revenue stream, according to BMO. Kisunla, also known as donanemab, will be priced at $32,000 per year, with each vialContinue Reading
Shares of Costco Wholesale Corporation (NASDAQ:COST) were trading more than 1% higher as an analyst note from Stifel noted the company’s increased market share in both the grocery and gas categories, accompanied by a 6% hike in its price target. According to Stifel’s data, Costco (COST) and Amazon (AMZN) currentlyContinue Reading
The S&P500 (SP500) closed in the red on Friday, after an eventful week that saw companies including Micron Technology (NASDAQ:MU) and Nike (NYSE:NKE) posting quarterly results. The market also focused on inflation data and the first U.S. presidential debate of the year. For the week, the Nasdaq (COMP:IND) advanced overContinue Reading
