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Another week has passed, yet the Strait of Hormuz remains closed. As mentioned in previous Thoughts, Iranian storage facilities are getting full. The country is therefore increasingly forced to rely…
Shares of Chinese electric vehicle maker Nio came under pressure after options trading reflected mixed investor sentiment and expectations for higher volatility, even as the company reported sharply higher revenue…
Nvidia (NVDA) delivered another blockbuster earnings report, but investors appeared unimpressed as the stock struggled to rally. Shares fell around 1.9% on Thursday morning, with the stock slipping to around…
ZCASH cryptocurrency can be expected to rise to the next resistance level 636.00 (top of the previous minor impulse wave 3 from the start of May). ZCASH reversed from round…
Hawkish Fed policy, high oil prices from US-Iran tensions, and cooling global inflation drive broad US Dollar dominance over crashing peers. Fed’s Hawkish Momentum Reshapes Global Rate Expectations The narrative…
Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives. The job…
Shares of Marvell Technology (MRVL) surged on Wednesday as Wall Street analysts raised price targets ahead of the chipmaker’s upcoming quarterly earnings report, citing accelerating demand for artificial intelligence infrastructure…
Ethereum cryptocurrency can be expected to fall to the next round support level 2000.00 (former support from the end of March and the target for the completion of the active…
