Nvidia Stock Soars 16% as AI Spending Takes Center Stage
From fast-tracking to $130, Nvidia’s stock valuation has been soaring in an 18% uptick since CEO Jensen Huang said that one of the chips the company is working on is unbelievably busy. This whole excitement is what is driving Nvidia
S&P 500 Extends Best Weekly Winning, Futures Edge Up 0.1%
US stock futures made small downward movements on Monday as they mirrored a successful week of major market gains. Notably, the Dow Jones Industrial Average lost 29 points, while both the S&P 500 and Nasdaq-100 futures declined by 0.2% and
S&P 500 Surges to 6,000: Election Year Momentum
After delivering a 23% return in 2024, the S&P 500 sets targets of the 6000 mark, Expecting 2.3% growth from the previous Friday’s closing of the 5864 mark. Nearly 20% of stock from S&P are still scheduled to put up
IAG Stock In Top Performing Stock With 16.83% Run In One Day
Iamgold Corporation became the top gainer stock after running a whopping 16.83% on Fridays and closed at $5.97. The mid-tier Canadian company focuses on the exploration, development, and production of gold. They have mines in areas like North America, South
The thin veneer over Trump’s fascistic rhetoric
Former president Donald Trump participated in an interview that aired on Fox News on Sunday. If so inclined, as many Fox News viewers presumably will be, it’s easy to pick out pieces
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday. More than 32,000 Boeing workers walked off the job
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A new airplane could help the airplane manufacturer compete
AUDUSD and AUDNZD: Targets and Prices Weekly Overview
During this morning’s Asian trading session, the AUDUSD rose to 0.67230 On Friday, 18 October, AUDNZD rose to 1.10764, a new weekly high AUDUSD chart analysisDuring this morning’s Asian trading session, the AUDUSD rose to 0.67230. The pair met the EMA 200
USDCHF and USDJPY: USDJPY is retesting the EMA 200
On Friday, October 18, USDCHF rose to 0.86699, a new monthly high Last week, USDJPY bounced back above the 150.00 level again USDCHF chart analysisOn Friday, October 18, USDCHF rose to 0.86699, a new monthly high. We did not have enough momentum
EURUSD and GBPUSD: the euro remains under bearish pressure
During this morning’s Asian trading session, we saw bearish pressure on EURUSD and a pullback from 1.08675 to 1.08460 GBPUSD started a new pullback this morning during the Asian session and formed a daily low at 1.30100 EURUSD chart analysisDuring this morning’s