Tag: Financial news
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...
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...
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...
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...
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...
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...
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....
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...
Eco Data Update: July 18, 2024 – Actionable Insights for Forex Trading
On July 18, 2024, several economic data updates were released that could provide valuable insights for forex trading. Let's take a closer look at...
Dow and S&P Hit Record Highs in Recent Trading Session
In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the...