Amazon exceeded Wall Street expectations in its third-quarter results, with notable growth in its cloud business and a substantial increase in advertising revenue. Following the report, Amazon’s stock rose 6% in pre-market trading. In Q3, Amazon reported earnings per share (EPS) of $0.94 on revenue totaling $143.1 billion, outperforming estimates …
Read More »Dollar rises with a boost from strong US data
The dollar rose on Friday and was heading for a third straight month of gains after data showed strong growth in the United States, indicating enhanced prospects for interest rates to remain high for a longer period. But the yen remained around the 150 level to the dollar before the …
Read More »Oil rises more than a dollar amid fears of the expansion of the Middle East conflict
Oil prices rose by more than a dollar on Friday as reports came in that the US military bombed Iranian targets in Syria, once again raising fears of a widening conflict between Israel and Hamas that could affect supplies from the Middle East. By 0638 GMT, Brent crude futures for …
Read More »Gold prices are heading for gains for the third week
Gold prices are heading for gains for the third week in a row on Friday, as conflict in the Middle East leads to investors increasingly seeking safe havens, despite US interest rates remaining high for a longer period. By 0341 GMT, gold in spot transactions rose 0.1 percent to $1,986.76 …
Read More »Nasdaq continues to post losses 27/10/2023
Oil, Crude, trading
Read More »Dow Jones extends its losses 27/10/2023
Oil, Crude, trading
Read More »CAD retests support 27/10/2023
Positive trading continued to control the movements of the Canadian dollar during the previous trading session, heading to visit the first official target to be achieved yesterday at the price of 1.3845, recording its highest level of 1.3845. Technically, we are leaning towards positivity, relying on trading stability above the …
Read More »JPY touches the desired target 27/10/2023
japanese-yen
Read More »GBP: Negativity Remains 27/10/2023
Oil, Crude, trading
Read More »Oil is trying to recover 27/10/2023
During the previous trading session, Mixed trading dominated US crude oil futures. The price recorded its lowest level around $82.70 per barrel after an attempt to consolidate above $85.35. Technically, when we look closer at the 240-minute time frame chart, we notice the 50-day simple moving average trying to push …
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