Nvidia’s stock has surged to unprecedented heights, and Melius Research suggests the momentum isn’t over. A recent note by Ben Reitzes, managing director at Melius, raised Nvidia’s price target to…
Category:
Economy
Tencent Holdings Ltd (HK:0700) reported robust third-quarter results, surpassing profit expectations primarily due to strong growth across its gaming, advertising, and cloud segments. Profit attributable to shareholders surged 47% year-over-year…
Shares of Shopify surged as much as 25% following the company’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The e-commerce giant reported earnings per share (EPS) of $0.35, surpassing…
Overall Analysis Bitcoin’s sharp rally towards the $88,398 level has sent the crypto market sky-high after the US election results. Ethereum surged by +5.91% on November 11th, currently testing a…
Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On…
Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it. Natural Gas down by almost -1%, breaking the supporting trendline, currently…
Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance…
Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will…
Tesla’s stock has recently surged, reflecting a renewed synergy between CEO Elon Musk and President-elect Trump. The company’s valuation exceeded $1 trillion for the first time in over two years.…
Overall Analysis EUR/USD: After breaking the upward channel, the pair continues to fall but is now facing support at the 1.06839 level. EUR/GBP: The pair failed to sustain higher levels.…