Technical Analysis
Comprehensive insights into market trends, chart patterns, and key indicators. Equip yourself with the tools and strategies to make data-driven trading decisions.
Instagram projected to deliver over half of Meta’s US ad revenue in 2024, driven by Reels and a potential TikTok ban. This shift highlights Instagram’s successful move to short-form video and its growing importance for advertisers.
Instagram Projected to Dominate Meta’s US Ad Revenue in 2024 Read More »
Shopify led e-commerce software Q3 earnings with 26% revenue growth, exceeding expectations. Other key players like GoDaddy and Wix also showed strong performance, indicating continued sector growth.
Shopify Leads E-commerce Software Sector in Q3 Earnings Read More »
EA upgraded to Buy at MoffettNathanson despite recent guidance cut and lowered FY25 bookings. Analysts set a $145 price target, suggesting the market overreacted and EA remains poised for growth.
Electronic Arts Upgraded to Buy at MoffettNathanson After Guidance Cut Read More »
US Treasury yields rose as focus shifted to supply after easing tariff concerns. A 20-year bond auction drew strong demand despite the slight yield increase, suggesting market confidence amid evolving trade policies.
US Treasury Yields Rise as Focus Shifts to Supply After Tariff Concerns Ease Read More »
Tether establishes global HQ in El Salvador, embracing the nation’s growing crypto hub. This move underscores El Salvador’s crypto-friendly environment and signals a shift in the stablecoin landscape.
Tether to Establish Global Headquarters in El Salvador, Embracing Crypto Hub Read More »
JM Smucker sells Cloverhill and Big Texas brands to JTM Foods for $40 million, streamlining its portfolio and focusing on core brands like Hostess. This strategic move aims to reduce costs and adapt to evolving consumer preferences in the packaged food sector.
JM Smucker Divests Cloverhill and Big Texas Brands to JTM Foods Read More »
Icovamenib shows promise in treating type 2 diabetes, particularly for patients with insulin deficiency or prior GLP-1 therapy failure. The Phase 2 trial demonstrated significant HbA1c reductions with a favorable safety profile.
Biomea Fusion’s Icovamenib Shows Promise in Type 2 Diabetes Treatment Read More »
Asian markets eye gains Monday, driven by positive Chinese economic data and a strong Wall Street finish. However, uncertainty surrounding President-elect Trump’s inauguration and potential policy announcements may temper optimism.
Asian Markets Poised for Gains Amidst US Inauguration Jitters Read More »
US producer prices rose more than expected in November, climbing 3% year-over-year and exceeding forecasts. While not signaling a surge, the data suggests inflation’s path to the Fed’s 2% target will be long and volatile.
US Producer Prices Rise More Than Expected in November, Fueling Inflation Concerns Read More »
Social networking stocks saw mixed Q3 results. Reddit led with 67.9% revenue growth, while Meta delivered solid performance and Snap exceeded expectations. Others like Pinterest and Nextdoor faced headwinds despite some positive metrics.
Social Networking Stocks Q3 Earnings: Meta, Reddit, and More Read More »
