S&P 500 and Stock futures dropped on October 31, when investors digested not-so-good results of the tech corporations and, on the other hand, looked forward to reports from Apple and Amazon. S&P 500 futures fell by 0.5%, with the Nasdaq 100 and Dow Jones futures equally
Overall Analysis USD/CHF continued its rally towards the downside, but the price quickly reversed from the support area towards the resistance. In USD/JPY, sellers keep pressuring the market, but buyers continue breaking their swings and trying to push the market high. USD/CHF Chart Analysis USD/CHF 15-Minute Chart (Source:
Overall Analysis Bitcoin fell sharply on 31st Oct from higher levels, indicating profit booking, and missed a time high of just 300 points. The selling trend might go long. Ethereum continued respecting levels from higher time frames and fell sharply in the 31st Oct trading session. The
Overall Analysis Oil continues its momentum towards downside with swing creation indicating selling opportunities. Natural Gas is trying to break the selling trend, but 0.5 feb retracement gives strong rejection. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 31st Oct 2024 trading session, oil prices showed a bull
Nondairy milk lovers, rejoice. Starting next week, Starbucks will stop charging coffee drinkers who wish to customize their drinks with nondairy milk options an extra fee, the company announced Wednesday. The change will go into effect on Nov. 7, the day the company will launch
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee chain is hoping that some easy tweaks to its U.S. business will pay off and help reverse the trend
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company’s subscription services, such as BlueCruise, Pro Intelligence, connectivity and security. He also led the company’s digital
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned out, S&P was calling the top. Less than two weeks after the index changes were announced, Super Micro reached its