PLTR holds above support on Friday after pessimistic week

Share: Palantir stock has shed nearly 9% so far this week. PLTR stock is sitting right on medium-term support from $13.50 to $14.  A break of $13.50 would send PLTR hurtling toward $10.25. A recent AIP conference gave Palantir good marks on its move into the LLM space. Palantir (PLTR) stock advanced 1.2%

Infosys agrees to partnership on generative AI

Share: Nvidia is trading lower at the start of Wednesday’s session. NVDA is more than 13% off its August 24 all-time high. The Federal Reserve will make its interest rate decision at 14:00 EST. Taiwan Semiconductor announcement still weighing on sector.   Nvidia (NVDA) stock is making slight gains on Wednesday alongside broad market

Rebounds off key support, as the downtrend remains suspect

Share: USD/CAD stalls its downtrend, finding support at 1.3489, just above the 200-day Moving Average, and trades 0.14% higher. If the pair sustains above 1.3489, it could target resistance levels at 1.3550, 1.3580/90, and the psychological 1.3600 mark. A break below 1.3489 could signal a bearish resumption, exposing the 200-DMA at 1.3463 and

Bulls have the upper hand, could aim to test all-time peak near 83.45

Share: USD/INR is seen consolidating in a narrow band just above the 83.00 mark. The technical setup favours bulls and supports prospects for additional gains. Any meaningful corrective slide is likely to get bought into and remain limited. The USD/INR pair struggles to capitalize on its modest gains registered over the past two

GBP/USD oscillates in the 1.2480-1.2502 region

Share: GBP/USD Price Analysis: Oscillates in a range below the 1.2500 mark, eyes on UK GDP, US CPI The GBP/USD pair consolidates in a familiar range below the 1.2500 barrier during the Asian session on Wednesday. The major pair currently trades near 1.2488, losing 0.01% on the day. Market players prefer to wait

share price fights back after management battle NASDAQ delisting

Share: NASDAQ exchange sent Mullen notice of delisting. The delisting of MULN could happen as soon as September 15.  Mullen is attempting to appeal the delisting decision and gain six months to comply. Failing to maintain the MULN share price above $1 is the reason for the delisting. Mullen Automotive (MULN) stock has

Cable bears need validation from 1.2530 and US ISM Services PMI

Share: GBP/USD licks its wounds after refreshing three-month low. 10-week-old descending support line, sluggish MACD signals and the below-50 RSI favor corrective bounce. Convergence of 100-EMA, 38.2% Fibonacci ratio guards immediate recovery of Cable pair. Pound Sterling traders seek directions from US ISM Services PMI amid light calendar at home. GBP/USD portrays a

Dives to 7-day lows below 0.8550, as bears stepped in

Share: EUR/GBP pair drops to a new seven-day low of 0.8546, influenced by market expectations of a BoE rate hike and ECB’s unchanged stance. Technical analysis shows the pair struggling to break the 50-day SMA at 0.8582, maintaining a downtrend with a year-to-date low of 0.8492 in sight. Despite the downtrend, a falling