We believe this is a tremendous opportunity for several reasons, activist shareholder Ken Squire says.
Analysts warn of ‚double edged sword‘ in China market rally as investors indulge in frenzied, risky trading
China’s recent stock market rally is raising fears that it’s being driven by retail investors indulging in leverage-fueled risky trading which caused a spectacular crash back in 2015.
Best Buy sales get an online boost, sending shares higher
Best Buy said its quarter-to-date sales rose about 2.5%, driven by a surge in online shopping for electronic devices and appliances.
United Airlines loses $1.6 billion in second quarter but expects to further lower cash burn
United and other airlines are scrambling to cut costs as demand for air travel remains depressed in the coronavirus pandemic.
Snap warns Q3 advertising could be hurt by pandemic impact on sports, movies, back-to-school
Snap warned that the uncertainty around events like the back-to-school season and the operations of sports leagues in the third quarter could impact advertising demand.
Snap net loss balloons from year ago, revenue up 17%
Snap’s stock price initially plunged more than 11% then moderated to a smaller decline as investors digested positive user and revenue growth on Tuesday after the company reported its second-quarter earnings.
Impressive moves in the Euro and Australian Dollar…but watch out
EURUSD and AUDUSD break to new year highs
ForexLive European FX news wrap: Euro unperturbed by slight risk stumble
Forex news from the European trading session – 22 July 2020
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities lower; E-minis down 0.2%
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities lower; E-minis down 0.2%
US MBA mortgage applications w.e. 17 July +4.1% vs +5.1% prior
Latest data from the Mortgage Bankers Association for the week ending 17 July 2020
– +5.1%
– Market index 848.8 vs 815.5 prior
– Purchase index 310.9 vs 305.4 prior
– +5.1%
– Market index 848.8 vs 815.5 prior
– Purchase index 310.9 vs 305.4 prior
EUR/USD extends breakout to highest level since October 2018
EUR/USD touches a high of 1.1584, its highest level since October 2018
The pair has had a bit of a choppy session in European morning trade, falling from 1.1540 to 1.1507 as the dollar firmed but is now turning things around amid a run of stops above 1.1550 in a push to 1.1580 levels.
The pair has had a bit of a choppy session in European morning trade, falling from 1.1540 to 1.1507 as the dollar firmed but is now turning things around amid a run of stops above 1.1550 in a push to 1.1580 levels.