Tag: Financial news

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Eco Data Analysis and Forecasting – Action Forex

The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for...
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Wiz Abandons $23 Billion Google Deal, Shifts Focus to IPO

Wiz has decided to walk away from a massive $23 billion deal with Google, which would have been Google's largest acquisition to date. The...
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US Economic Data Preview: GDP and PCE Inflation Ahead of July FOMC

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of...
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Gold Price Outlook: TD Cautious of Downside Risks from Various Directions Including Asian Buyer...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary...
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Berkshire Hathaway Reduces Bank of America Stake as Stock Surges

Berkshire Hathaway has decided to reduce its substantial stake in Bank of America for the first time in over 4½ years. The conglomerate, led...
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Pinduoduo Stock Analysis: P/E Ratio, Growth Potential, Safety Margin

We Are PDD Holdings (NASDAQ:PDD), also known as Pinduoduo, is a leading e-Commerce platform in China and one of the top three Chinese e-Commerce...
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US Stock Markets Attempt Late Bounce but Fall Flat

This week, the US stock markets experienced a late attempt at a bounce back, but unfortunately, it fell flat. The Nasdaq had its worst...
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BoC Expected to Lower Benchmark Interest Rate to 4.5% – Expert Analysis

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada...
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Upcoming Economic Events: Flash PMIs, US GDP, and BoC Decision – Action Forex

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions....
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Trading Strategies and Market Analysis at Sunset Market – Action Forex

The European Central Bank (ECB) announced today that they have decided to keep their key policy rates unchanged in a unanimous decision. They reiterated...

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Nvidia Expects Strong Sales for Next-Gen Blackwell Chips

NVIDIA CEO Jensen Huang recently shared his insights on the future of artificial intelligence (AI) and its impact on energy consumption and production at...