Tag: Stock market
NASDAQ Sets Record Highs Every Day This Week | Forexlive
The stock market saw another successful week with the NASDAQ hitting record highs every day. The Dow Industrial Average, S&P index, and NASDAQ index all closed higher today. The NASDAQ set a new record...
Dispelling the Myth: Trump’s Impact on the Bull Market
More and more people in the business world are expressing concerns about what President Donald Trump's policies and behavior might do to the economy. However, despite the worries, the stock market continues to soar...
Magic Software Stock Analysis: Short-Term Gain, Long-Term Lag (NASDAQ: MGIC)
Magic Software (NASDAQ:MGIC) is a global enterprise software company founded in Israel in 1983. The company offers low-code application development, enterprise integration solutions, large-scale enterprise application development, and an Industry 4.0 solution for manufacturers....
Top 10 Holdings and Annual Returns of S&P 500: Spotting Red Flags
In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call with the remark that, ultimately, “all systems break down”. David...
Gold Price Consolidates Ahead of US NFP Data – Market Update
Gold prices saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...
US Markets Closed for Holiday: Impact of DXY on OCBC
The US markets were closed for a holiday, and the impact of the US Dollar Index (DXY) on Oversea-Chinese Banking Corporation Limited (OCBC) was significant. The USD fell for the second day in a...
Japan Stock Market Reaches Record Highs: Topix Index and Nikkei | Forexlive
Japan's Topix index reached a historic milestone on Thursday, soaring to a new all-time high of 2,890.52. This surpasses the previous record of 2,885.50 set in December 1989, showcasing the remarkable growth of the...
Deutsche Bank’s Top 4 Risks for Second Half of the Year
Deutsche Bank recently highlighted the top risks for the second half of 2024, cautioning investors to stay alert as surprises could be looming just around the corner. The bank's analysts pointed out several key...
Gold Prices Drop Following Dovish Remarks by Powell
Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting a slightly dovish stance, emphasized the need for further progress...
ZUU Co. Ltd. Executives Buy $26 Worth of Shares
In a recent development, executives at ZUU Co. Ltd. made a significant purchase of shares in Pono Capital Two, Inc. The transaction, which occurred on June 27, 2024, involved the acquisition of shares priced...
Dow Jones Flat After US Data Miss: Monday Market Update
The Dow Jones Industrial Average (DJIA) experienced significant fluctuations on Monday as a result of key US data missing expectations. The US ISM Manufacturing Purchasing Managers Index (PMI) dropped to 48.5 in June, below...
Top Eco Data Analysis for 7/1/24 – Actionable Insights | Forex News
The eco data analysis for July 1st, 2024, provides insights into various economic indicators across different countries. Let's take a closer look at some of the key data points:In Japan, the Tankan Large Manufacturing...
Australian Dollar Strengthens as China’s Manufacturing PMI Beats Expectations
The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2 in June, the fastest decline since May 2020. This negative...
Forex Market Analysis: Weekly Outlook (01-05 July)
This week in the forex market, there are several key events and data releases to keep an eye on. On Monday, we have important data coming out of China, Switzerland, and the US, including...
Best Dividend Stocks Recommended by Top Wall Street Analysts for Higher Returns
Dividend-paying stocks are a great way for investors to enhance their portfolios and increase returns. To find these stocks, it's important to look for companies with a history of consistent payments and strong financials....
Eco Data Forecast for June 28, 2024 – Action Forex
On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI) Year-on-Year (Y/Y) for June was reported at 2.20%. Additionally, the...
US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap
The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1% versus an expected -0.1%, the dollar initially dipped due to...
Gold Price Soars as US Dollar Weakens Before PCE Data
Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...
Micron Stock Slides as Revenue Forecast Misses Estimates
Micron Technology, a leading manufacturer of computer memory and storage, experienced a 7% drop in its stock price during extended trading hours, despite posting better-than-expected results. The focus of investors shifted to the revenue...
US Equities Surge to Close on Highs as Bulls Rally | Forexlive
The US stock market had a rocky start today, with equities falling early in the day. However, a late surge in buying activity, particularly in Nvidia, helped turn things around. Thanks to this strong...
Southwest Airlines Lowers Revenue Outlook for the Year
Southwest Airlines experienced a drop in its shares by about 4% during premarket trading on Wednesday due to the airline reducing its revenue forecast for the second quarter. This adjustment was made as a...
Revocation of Interim Stop Orders by Trademax Australia Limited | Forexlive
Trademax Australia Limited, operating under the TMGM brand, a well-known provider of contracts for difference (CFDs) and margin forex trading services, has recently made an important announcement. The Australian Securities and Investments Commission (ASIC)...
Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus
Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This drop can be attributed to comments made by Federal Reserve...
Forexlive Economic Calendar: Upcoming Events and Market Updates
Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to be aware that leverage can increase the level of risk and potential loss. Before engaging...
Top Stock Picks Recommended by Wall Street Analysts for Long-Term Investment Success
The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts are focusing on identifying stocks with solid fundamentals and long-term...
Nvidia’s Market Cap Rises Above Apple and Microsoft: A Closer Look
Nvidia CEO Jensen Huang gave a speech at the COMPUTEX forum in Taipei, Taiwan on June 4, 2024. Apple, Microsoft, Amazon, and Google were the top global brands at the end of 2023, according...
Forexlive Weekly Market Outlook: 24-28 June
The upcoming events for the week include various economic indicators from different countries. On Monday, we have the Bank of Japan releasing the Summary of Opinions and German IFO data. Tuesday will see the...
Gold Price Drops Following Release of Strong US PMI Data
Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in June. This led to higher expectations for inflation and interest...
US Equities End Week on Soft Note: Market Analysis | Forexlive
Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to carefully consider your investment objectives, experience level, and risk tolerance before engaging in such activities....
Moelis & Company Stock Analysis: Investor Sentiment on the Sidelines
Moelis & Company, listed on the New York Stock Exchange under the ticker symbol MC, has been experiencing revenue growth primarily driven by restructuring efforts. The company has seen an increase in hiring year...
Mistras Group Director Sells $160k in Company Stock
Richard H. Glanton, a director at Mistras Group, Inc., recently sold 21,000 shares of the company's common stock in a transaction on June 20, 2024. The sale was made at a weighted average price...
US Dollar Strengthens as Treasury Yields Rise amid Weak Data
The US Dollar gained strength on Thursday as US Treasury yields rose, boosting the Dollar Index (DXY). Despite weak data, including a decrease in Building Permits and Housing Starts, the USD showed resilience. Federal...
Nova Stock: Growth in Share Price Supported by Consistent Performance
SweetBunFactory Nova (NASDAQ: NVMI) is an innovative company that specializes in process control for semiconductor equipment applications. This sector is crucial in the AI-driven world we live in today. Nova's stock has been performing...
Gold Price Approaches Key Resistance Level, Reaches One-Week High
Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around $2,338 as of late. This surge can be attributed to...
Gold Price Increases as Traders Expect Fed Rate Cuts
Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data from the US indicated a slowing economy, which raised expectations...






































