NoDerog/iStock Unreleased via Getty Images Shares of BellRing Brands (NYSE:BRBR) dropped to a 6-month low and breached support at the 200-day moving average for the first time since late-2022 after TD Cowen lowered its sales growth outlook. Based on channel trends, Cowen analyst Robert Moskow now sees organic sales upContinue Reading
Spencer Platt/Getty Images News RBC Capital Markets sees slowing economic growth as a roadblock for a sustainable rotation out of high-flying growth and large-cap stocks into other areas of the stock market. The Russell 200 (RTY)(IWM) rally late last week while the S&P 500 (SP500)(SPY) slumped following the June CPIContinue Reading
U.Today – , the first and largest cryptocurrency by market capitalization, rose the most in nearly two months, reaching $63,000 following strong bullish momentum over the weekend. Bitcoin is set to mark its fourth consecutive day of gains after an extended rebound from last Friday’s lows of $56,538. Bitcoin reachedContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.15% UK’s GDP expands 0.4% in May Germany (DAX:IND) +0.25% Germany’s inflation falls to 2.2% in June France (CAC:IND) +0.49% Slovakia’s construction output fell 6.2% Y/Y in May. Retail sales in Turkey rose 5.8% Y/Y in May. The pan-European Stoxx 600 (STOXX) moved 0.39%Continue Reading
U.Today – High-profile figures in the crypto industry underscore the continued investor interest in despite recent price fluctuations, Binance CEO Richard Teng said in a new X post. As evidence of this continued interest he pointed to the significant inflows into the U.S.-listed Bitcoin ETFs. Over the past six months,Continue Reading
U.Today – Cryptocurrencies are currently trading in green with (BTC), (DOGE), and (ADA) seeing notable increases in value. This surge aligns with the latest U.S. jobs report, which indicated an unexpected rise in the unemployment rate, with non-farm payrolls increasing by 206,000 for the month. This figure surpassed the DowContinue Reading
Stock index futures traded with caution on Friday, as investors keep their eyes peeled for a key jobs report, a day after the markets returned from the July 4th holiday. S&P 500 futures (SPX) were flat, Nasdaq 100 futures (US100:IND) +0.1% and Dow futures (INDU) +0.1%. The 10-year Treasury yieldContinue Reading
U.Today – ‘s recent price movements have been a whipsaw, characterized by a mild rebound following a dip over the past two weeks. According to Santiment, a market analytics platform, Bitcoin’s rebound has been short-lived, but there are promising signs that a more substantial bounce might be on the horizon.Continue Reading
Stock index futures traded in the green on Friday, a day after the first U.S. presidential debate of the year took place, and as investors keenly wait for key inflation data expected to land later in the day. S&P 500 futures (SPX) +0.4%, Nasdaq 100 futures (US100:IND) +0.4% and DowContinue Reading
U.Today – ‘s drop was really unexpected, but things may turn out better than expected thanks to the fact that it is not being sold to the ground by institutions, and there is a silver lining that you should not miss if you believe that the asset is going downContinue Reading
