Archiv für den Monat: Mai 2022
Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more
These are the stocks posting the largest moves in midday trading.
Fraud had ’significant‘ role in $163 billion leak from pandemic-era unemployment system
Higher benefits and administrative issues made pandemic-era unemployment programs a rich target for criminals, according to a U.S. Department of Labor report.
Stocks making the biggest moves premarket: Big Lots, Hibbett, Pinduoduo and others
These are the stocks posting the largest moves before the bell.
Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing’s tech crackdown took their toll.
S&P 500, Dow snap losing streaks for best week since November 2020
The Dow and S&P jumped to close their best weeks since November 2020.
Bitcoin Weekly Forecast: Price Continues to Hold Key Support – Is a Breakout on the Cards?
Bitcoin continues to tread water above key support as JP Morgan says there is tremendous upside for the space. Is a breakout in the making?
Australian Dollar Outlook: Sways in Risk Sentiment Push and Pull AUD
The Australian Dollar has a solid fundamental backdrop for now, but external factors continue to bump the currency around. Will AUD/USD take its own path?
GBP/USD Weekly Forecast: GBP Jubilation, EUR/GBP Upside Risks Remain
Back to back weekly gains for GBP/USD. EUR/GBP Eyes EU Inflation
China coronavirus – Shanghai reports Covid-19 case outside quarantine area
Via Singapore’s Straits Times:
China’s financial hub, Shanghai, reported another Covid-19 infection outside quarantine
Shanghai logged a total of 170 infections for Friday (May 27), one of which was found in the community
Shanghai has been taking tentative steps towards some reopening, based on no cases being found outside quarantine. Cases found outside quarantine pose a threat to reopening moves under China’s zero COVID policy. let’s see how this goes.