Share: HSBC hands TSLA stock a Reduce rating and price target of $146. Tesla stock is consolidating right on top of $210 support level. HSBC analyst says too much of Tesla growth story comes at end of decade. President Joe Biden supports UAW attempt to unionize Tesla factories. Tesla (TSLA) stock moved
Share: One of the things famed investor Warren Buffett looks for in a company is an “economic moat,” a term he popularized long ago that essentially refers to a nearly impenetrable competitive advantage. In other words, with a moat around your business, you are protected from competition; thus, you are able to maintain
The EUR/GBP rallies for the fourth straight day in the mid-North American session, gains a minimal 0.08%, trading at 0.8724 after hitting a daily low of 0.8693. لینک منبع : هوشمند نیوز
Share: EUR/USD struggles to stay in the green zone amid weaker US Dollar. Combined technical indicators support a positive outlook for the pair. The pair could revisit the 1.0750 major level aligned to the weekly high at 1.0756. EUR/USD hovers around 1.0710 during the early European session on Thursday, struggling to continue moving
Share: Dow Jones has broken out of a three-month descending price channel. Fed’s Powell, Williams speak at event on Wednesday. Dow Jones Industrial Average gained 5.07% last week, the largest weekly gain since October 2022. Disney is scheduled to deliver fiscal Q4 earnings after the close on Wednesday. Unemployment Rate, SLOOS report, credit
Share: EUR/JPY advance is tempered by proximity to the year-to-date high of 160.84, with a break above potentially signaling further gains. The threat of Japanese intervention has receded, providing room for the pair’s upward trajectory. Key support levels to watch include the Tenkan-Sen at 159.26 and a stronger confluence of support around 157.59/69.
Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring slows and unemployment ticks up. Despite EU’s own economic slowdown, the Euro benefits from broad USD weakness and reduced rate hike bets. EUR/USD rallies during Friday’s
Share: NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan. Nio CEO William Li says Nio will cut about 10% of its employees. Non-core investments will also be trimmed as EV company focuses on financial performance. US Nonfarm Payrolls fell to 150K in October, a print that all
Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US Nonfarm Payrolls (NFP) came in well below expectations the Pound Sterling (GBP) climbed 1.6% from Friday’s opening bids near 1.2190, and the GPB/USD is up almost 2.5%
Share: USD/CHF drops sharply, signaling potential end to Fed’s rate hikes with investors favoring CHF. Pair’s fall below the 50 and 200-day moving averages at 0.9000 could lead to further declines. For recovery, USD/CHF needs to breach 0.9000, targeting the November 1 high at 0.9112. USD/CHF plummets in the mid-North American session on
