In this article CVNA Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Carvana on Thursday said it expects to achieve positive adjusted earnings during the second quarter of this year — earlier than
Month: May 2023
Share: USD/JPY tests 50-day EMA at 133.85; bullish-engulfing pattern hints at a potential uptrend. Downside risks loom, with the 100-day EMA at 132.83 in sight if 134.00 support breaks. The USD/JPY rises after dropping to a weekly low of 133.50, advances 0.42%, spurred by buyers stepping in at around solid technical support level. An upbeat
The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million. The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions that are larger than $1 million. To receive such an award, the whistleblower needs to have provided information that directly assists the SEC in successfully
Anuj Gupta, Vice President, IIFL Securities, says future contracts are very useful for hedging the prices by using future contracts. After the listing of this commodity on the exchange, traders are using this platform for hedging the prices. A few days back, we saw unseasonal rain destroy almost 4,000 sacks of Isabgol in Jaisalmer. So
Dollar trades broadly lower overnight and remains soft in Asian session. Despite risk-off sentiment in the US, the greenback failed to find support, as market participants bet on an earlier Fed rate cut due to ongoing bank concerns. Meanwhile, Euro is also facing pressure due to falling treasury yields, with yesterday’s ECB rate hike now
GBPUSD tests swing area high from April to June 2022. The GBPUSD has reached the high today of 1.2652. The current price is trading at 1.2642. At the high, the price got closer to its swing high going back to May 8, 2022 near 1.2665. A move above that level would have traders targeting this
The Good Brigade | Digitalvision | Getty Images The unemployment rate slipped for Black and Hispanic workers in April, but remained stable for Asian American workers. The U.S. unemployment rate inched down to 3.4% last month, according to the U.S. Bureau of Labor Statistics. The number not only marked a decrease from 3.5% in March,
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Lyft shares dropped nearly 15% in extended trading on Thursday after the
Share: GBP/USD is sliding and forming a peak formation. Bears are seeking a move down to test the 1.2620s. GBP/USD is being pressured to the downside in lunchtime NY trade and is taking on a support structure that could lead the way to a move into test the 1.2020s and lower for the remainder of the
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Gold prices declined Rs 160 to Rs 62,040 per 10 grams in the national capital on Friday amid a fall in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 62,200 per 10 grams. Silver, however, climbed Rs 650 to Rs 77,950 per kg. “Spot
Dollar jumps in early US session as lifted by a set of strong non-farm payroll data. But it remains to be seen if buying could sustain. Still, Canadian Dollar looks even stronger for its own robust employment data too. For now, Swiss Franc is the worst performer for the day, very much thanks to the
The USDCAD is moving closer to its 200 day moving average at 1.3440 after a couple days of steady selling in the pair. Higher oil prices have contributed to the Canadian dollars strength. The price of oil intraday yesterday reached a low of $63.70 yesterday. It is trading above $71 today. Will buyers come in
Broad job gains across the economy helped the labor market show resilience in the face of a banking crisis and growing recessionary concerns. Nonfarm payrolls increased by 253,000 in April, according to data from the Bureau of Labor Statistics released Friday. That’s more than the Dow Jones estimate of 180,000. Friday’s data bolsters the argument
Source: Warner Bros. Warner Bros. Discovery reported a big quarterly loss even as its direct-to-consumer segment turned a profit for the first time ever. The company also expects the DTC, or streaming, business to be profitable for 2023, a year ahead of its expectations, CEO David Zaslav said in an earnings release Friday morning. First-quarter
Share: The Brazilian Real and the Mexican Peso benefited from the signal of a pause in US interest rates. Economists at Commerzbank expect both currencies to remain strong against the US Dollar. BRL and MXN remain attractive “Both central banks have been so hawkish of late that I think the Fed’s rate pause was a
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