USDCAD and USDCNH: USDCAD is falling below last week’s low This week, USDCAD continued to retreat to new lower levels During this morning’s Asian session, USDCNH fell to a new weekly low at 7.12000 level USDCAD chart analysis This week, USDCAD continued to retreat to new lower levels. During this morning’s Asian session, the pair made a breakthrough below the ...

EURAUD and EURNZD: The euro continues to slide lower This week, EURAUD continued last week’s trend by falling to the 1.64513 level During this morning’s Asian trading session, EURNZD continued its retreat from the previous day EURAUD chart analysis This week, EURAUD continued last week’s trend by falling to the 1.64513 level. During this morning’s Asian trading session, the pair ...

Biden’s Farewell: A Graceful Exit and Call for Unity at DNC Convention President Joe Biden gave his farewell speech to the Democratic National Convention on Monday night. He stated, “I gave my best to you.” The former president received an extended ovation, capturing the enthusiasm sparked by his decision to pass the leadership to Vice President Kamala Harris. Biden was ...

S&P 500 and Nasdaq continue to recover to new highs Yesterday, we saw a continuation of the S&P 500’s bullish trend from last week Yesterday, the Nasdaq found new support at the 19400.0 level S&P 500 chart analysis Yesterday, we saw a continuation of the S&P 500’s bullish trend from last week. The index got new support at 5550.0; after ...

Warren Buffett’s Recent Investment Decisions Recently, Warren Buffett has made a few noteworthy choices regarding the Berkshire Hathaway investment. These decisions have made headlines, and regular investors have embraced them as the best investors in the world with a stellar record. Berkshire Hathaway faces numerous questions regarding succession planning, a topic that has gained increased attention following Charlie Munger’s passing. ...

AMD: Top Movers in Market Advanced Micro Devices (AMD) made headlines, driving a strong US equities rally during afternoon trading. The chip maker’s stock price surged following ZT Systems acquisition, a move that significantly strengthens AMD’s AI capabilities. This positive news contributed to maintaining last week’s bullish trend amid optimistic economic indicators. The broader market reflected this optimism, with the ...

Nifty and German 40: Nifty strengthens bullish momentum Last Friday was favorable for the Nifty as we saw the index recover to 24600.00 During this morning’s Asian session, German 40 climbed to a new weekly high of 18496.6 Nifty chart analysis Last Friday was favorable for the Nifty as we saw the index recover to 24600.00. We finally saw a ...

It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying to keep up with it all. Fixing that problem will likely top incoming CEO Brian Niccol’s list of tasks to turn around the struggling coffee giant when he steps into the role on Sept. 9. Investors and executives ...

DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned. The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, come less than six months after leadership changes overseeing the operations, including former Apple executive Mike Abbott leaving the automaker due to ...

The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations that he failed to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock. Icahn and the publicly-traded company that bears his name settled those charges without admitting or denying wrongdoing. They agreed to ...