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Last August 5th and 6th, investors added $1.7 Billion to short-selling positions, this is in accordance to the estimates of S3′s head of predictive analytics, Ihor Dusaniwsky. This motivated Hedge Funds to up their bets against big technology ...
Bitcoin is now seen as a Safe Haven asset as declared by Rhythm Technologies' Chief Marketing Officer, Chris Reinertsen. Safe Haven assets are assets where investors place their money during rising global uncertainties in their desire to flee ...
This month, GoPro stocks had seen a fall of $1.28, bringing its price from $5.34 to $4.15 per share. It did not help that the U.S. had added another 10% to the 25% tariff on Chinese goods. Important of note, GoPro's shares had skyrocketed which ...
No immediate resolution can be seen anywhere for the ongoing Trade War between U.S. and China. And comments made by the American president, specifically labeling China as a "currency manipulator" and that fears about the war should altogether ...
While the truth promises freedom, facts still hurt. This could be said for Uber Technologies Inc. Due to new competition and struggling profitability, the ride-hailing titan is likely to report a $2.1 share loss on sales of $3.31 Billion on ...
With the Yuan's value apparently waning, U.S. electric vehicle manufacturer, Tesla Inc. is closely considering raising its prices in China starting September this year, according to analysts. Details on the price change have yet to be made ...
Japan’s SoftBank Group Corp is faring better than what was initially expected with its quarterly operating profit. The group had leaped in investing gains from its $100 billion Vision Fund. With SoftBank Group Corp's results increasingly ...
New Economic Flashpoint: China's Currency Policy Caught in the Trade War between the United States and China, investors are saying that the the latter's currency policy had turned into a flashpoint. As a result, the Dollar fell versus the Yen. As ...
An opinion poll from Reuters that ran from the 1st to the 5th of August proved Joe Biden to still have the minorities' favor in the race for the Democratic presidential nominations. Results inform that 22% of Democrats and independents would ...
With the US suspending imports of American agricultural goods, China retaliated against the superpower, leaving U.S. Futures slumped. As a result, the Yuan's value decreased below 7 per US dollar for the first time in 11 years. Despite the ...
An obvious supporter of Prime Minister Boris Johnson’s tough-as-nails Brexit approach, a lawmaker from Northern Ireland's Democratic Unionist Party weighs in on the matter, claiming chances of Britain departing from the EU without a deal ...
Apple climbed strong with more than 4% in after-hours trading after its equally post turgid Q2 earnings, thus beating investor's forecasts. However, Asia Equity Markets have failed to ride the bigger markets as the local markets are still reeling ...
Amidst the issue of oversupply, semiconductor prices had declined resulting into a 56% drop in Samsung Electronics Co Ltd's quarterly profit. The mobile Titan still has its hopes up that after the chip market bottoms out, it will eventually ...
After the local inflation data crossed the wires and rendered better outlook, the Australian Dollar went up to compete against major counterparts, overshadowing mixed Chinese PMI data. The second quarter saw that the Australian CPI clocked ...
Some Key Figures for the Retail Turnover, June 2019: +3.5% on the month prior (in real terms, calendar and seasonally adjusted, provisional) +3.6% on the month prior (in nominal terms, calendar and seasonally adjusted, provisional) -1.6% on ...
FREE Binfinity Tokens Up for Grabs for First 1,000 VERIFIED Registrations Binfinity, a new breed of digital asset marketplace or "cryptocurrency exchange" focusing on providing freedom to the crypto financial markets, is at the cusp of promising ...
The Pound Paddles Through Brexit's Troubling Waters The Pound suffers the brunt of the uncertainty brought by the highly-divisive Brexit, with the Bank of England adding more stress. Raising interest rates in the coming months is not within ...
Lower and Lower: GBPUSD Sellers on the Downside After being stalled at the 100 bar MA, the GBPUSD had run another leg lower. It had considerably fallen below the 1.2200 level as it flirts with the downside. Suffice it to say, the GBPUSD is ...
European shares showed recovery on Friday because of a rally in media stocks and bigger earnings at some U.S. firms helped investors cope with the disappointment of the ECB’s collapse to deliver fast policy easing. The last day its ...
Gold futures for August on the Comex division of the New York Mercantile Exchange raised by 0,1% to over $1,400. Gold was under some pressure before in the day after figures demonstrated new orders for durable goods in the US increased by more ...
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