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stocks

Nasdaq Breaks Out Despite Hawkish Fed Developments

US CPI Cools AgainUS stocks have broken out to fresh record highs today on the back of yesterday’s US CPI and FOMC double-event. Annualised CPI was seen cooling for a second month in a row to 3.3%,...

Shifting BOE Expectations Drag FTSE Down

FTSE Falling FurtherThe FTSE remains under pressure today with the index now down more than 3% from the YTD highs. Following a strong rally over late Feb – mid May, the index is now retreating as...

Dow Under Pressure Amidst USD Revival

Dow Slips on USD RallyUS stocks have come under heavy selling pressure into the end of the week amidst an uptick in USD. The Dow Jones has shed almost 3% this week as continued hawkish sentiment from...

Stellar Earnings Revive Microsoft Rally

Microsoft Spikes HigherShares in tech giant Microsoft are trading higher today ahead of the US open after the group posted another stellar set of results last night for Q1. This marks the seventh...
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Meta Plunges as AI Spend Spooks Investors

Meta Crashes 12%Shares in iconic US tech company Meta (parent of Facebook) are trading heavily lower ahead of the US open today. The stock is currently almost 13% down from yesterday’s closing price...

Tesla Holders Brace For Q1 Earnings

Tesla Earnings DueInvestors are bracing for the latest set of Tesla earnings today with stockholders looking to see whether this will be the third consecutive quarter of weaker-than-forecast earnings...

Make or Break Week For The Nasdaq

Nasdaq Under PressureTech earnings are back in focus this week as the market braces for a slew of big names due to report. The Nasdaq is sitting around 8% down off the YTD highs currently as a...

Traders Brace For Netflix Q1 Earnings

Netflix Earnings DueAs US earnings season rolls on, focus today falls on Netflix which will report Q1 earnings at the market close. On the back of the last quarter’s weaker-than-forecast EPS result,...

Coinbase Shares Soar on Fresh Crypto Rally

Crypto Boom Helping SharesShares in the leading global crypto-broker Coinbase are trading sharply higher this week as the ongoing surge in crypto prices drives up trading volumes and deposits....