USD/CHF’s decline from 0.8041 resumed last week. Initial bias stays on the downside this week. Firm break of 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758 will target 100% projection at 0.7656. On the upside, above 0.7808 minor resistance will turn intraday bias neutral again first. In the bigger picture, as long as
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The top dot-com stocks were making history in 1999 and 2000. Today’s Nasdaq winners are crushing even those gains. The top 10 performers in the Nasdaq 100 (NDX) over the past year are up an average of 784%, according to BTIG’s Jonathan Krinsky, topping the 622% average gain for the index’s biggest winners in the
The Nasdaq’s top winners are now running hotter than in 2000: Chart of the Day Read More »
CEOs from companies like Exxon, Boeing, Qualcomm, Nvidia, and Apple’s Tim Cook have been invited to join the Trump Administration next week for a trip to China. Trump is looking to develop his relationship with Xi Jinping, the Chinese President, during the trip on May 14-15. Tim Cook will be stepping down from his role
CEO From Tech Companies Invited to China Trip With Trump Read More »
Last year Amahle-Imvelo Jaxa posted a TikTok video about South African peacekeepers in the Democratic Republic of the Congo. She explained an argument that had erupted between the South African and Rwandan presidents, then listed roles different South African groups would play in a war with Rwanda: the Sotho strategists, the Xhosa negotiators, the Afrikaner
After a dismal campaign, Jose Mourinho and Didier Deschamps have emerged as significant possibilities to replace Alvaro Arbeloa as Real Madrid manager, putting Kylian Mbappe in the middle of yet another big shift. The uncertainty surrounding Arbeloa’s future has intensified in recent days, and inside the club, discussions about leadership, dressing-room control, and restoring authority
Three Indian-origin persons have been found guilty for the first-degree murder of a Canadian couple in Abbotsford in 2022, a Canada court ruled on Friday. The three accused, in their 20s, had pleaded not guilty. (Heywood Yu/The Canadian Press via AP) Arnold and Joanne De Jong were found dead in their home in Arcadian Way,
Throat slit, face wrapped: 3 Indian-origin men found guilty of couple’s murder in Canada Read More »
China’s leading chipmakers are funnelling unprecedented sums into research and development as Beijing accelerates efforts to reduce reliance on foreign technology amid intensifying U.S. export restrictions. To understand what is happening in China’s semiconductor industry right now, start with a simple question: what do you do when the world’s most powerful country cuts off your
How China turned a tech ban into a research revolution Read More »
It’s a stellar time to be an investor on Wall Street. With rumors swirling of a peace deal between the U.S. and Iran, the benchmark S&P 500 (SNPINDEX: ^GSPC) and growth-stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) screamed to new all-time highs. The iconic Dow Jones Industrial Average (DJINDICES: ^DJI) needs less than a 1% up day
A hardline faction inside Iran has stepped up its opposition to ongoing negotiations with the United States. This domestic resistance comes as talks between Tehran and Washington reach a critical peak. Jebhe-ye Paydari believes Iran should strictly follow revolutionary and religious principles (REUTERS) The US, earlier this week, delivered a one-page memorandum to Iranian officials
Behind delayed US-Iran peace talks may be a hardline Iranian faction: Report Read More »
Southampton manager Tonda Eckert walked out of a tetchy post-match press conference following his side’s 0-0 draw with Middlesbrough after refusing to answer questions related to ‘spygate’. Southampton were charged with a breach of EFL regulations after a member of staff was alleged to have spied on Middlesbrough’s training ahead of their play-off tie. Sky
EUR/USD stayed in range below 1.1848 last week and outlook is unchanged. Initial bias remains neutral, and further rise is expected with 1.1642 support intact. On the upside, firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support will indicate the the rebound from 1.1408 has completed, and bring deeper
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THE NETS enclosing the inner harbour draw open. A black-finned predator slips out. Minutes later it reaches the open ocean and, with a great exhalation, disappears beneath the tropical waters. Getting under way from Apra Harbour in Guam, the USS Annapolis, one of the ocean’s apex hunters, is engaged in a silent but intensifying contest
America’s submarine dominance is under threat Read More »
It’s been an incredible last seven years for Wall Street. Except for 2022, the benchmark S&P 500 (^GSPC +0.84%) has gained at least 16% every year for the last seven. We’ve also witnessed the ageless Dow Jones Industrial Average (^DJI +0.02%) and iconic Nasdaq Composite (^IXIC +1.71%) crest psychologically important levels of 50,000 and 25,000,
Only Burnley have conceded more goals in the opening 10 minutes of Premier League games this season than Chelsea, and we added to our tally once again when Ryan Gravenberch hammered in a shot from just outside the area in the 6th minute. The ball was hit so hard, Filip Jörgensen barely had time to
Liverpool 1-1 Chelsea, Premier League: Post-match reaction, ratings Read More »
Palantir Technologies (PLTR +0.52%) has one of the fastest-growing artificial intelligence (AI) businesses on the planet, and as more clients want a piece of its proprietary data analytics platform, growth has been accelerating. The company just reported outstanding first-quarter performance, trouncing Wall Street’s expectations, but Palantir stock remained roughly flat after the report, and it’s
Prediction: Where Palantir Stock Will Be in 5 Years Read More »
SYDNEY, May 9 (Reuters) – Australian far-right populist party Pauline Hanson’s One Nation won its first seat in the country’s House of Representatives in a byelection on Saturday, a preliminary vote count showed. The result is in line with a surge of electoral support for far-right populist parties globally. Britain’s ruling Labour party this week
Australia’s Far-Right Party Wins First Lower House Seat Read More »
In an unprecedented act of defiance, Beijing has ordered Chinese businesses to ignore the United States’ sanctions against Iran. Chairman Xi Jinping is due to meet President Donald Trump for personal talks in the coming days. And a lot has changed since their last Beijing soiree in 2017. Trade is a deeply entrenched battleground between
‘Major escalation’: China defies Donald Trump’s sanctions order Read More »
Markets spent last week aggressively chasing the AI-driven equity rally while largely ignoring geopolitical tensions in the Middle East. Despite renewed uncertainty over a promised peace deal, stocks surged to new records while Dollar weakened broadly on strong risk appetite. S&P 500 followed NASDAQ to fresh records, while Asia’s major technology-heavy benchmarks exploded higher as
Markets Ignore Geopolitical Risks, Chase AI Rally, and Dump Dollar Read More »
IT IS SOMETIMES said, not least by President Donald Trump, that America and China are now the G2, a duo of superpowers leading the world. That is a grim thought. One has a leader who treats allies like patsies and is ripping apart the institutions that underpinned global stability for decades. The other has an
The Trump-Xi summit will expose a dysfunctional duo Read More »
Jose Mourinho has already discussed three players with Real Madrid president Florentino Perez ahead of his expected return to the club as manager, it has been reported. Real sacked Xabi Alonso in January and replaced him with Alvaro Arbeloa, who had been managing the Castilla squad. Los Blancos did not publicly reveal the length of
Jose Mourinho has already discussed three Real Madrid players with Florentino Perez Read More »