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stocks

StockWatch: Tesla Caps Another Quarterly Profit

David Kindley Apr 27, 2021 422 0

Tesla’s revenues got off to a strong start in 2021, thanks to continued demand for its electric cars. However, the stock fell nearly 2% in late trading, with sales slightly below the mark and production still hampered by chip shortages…
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Stocks

Stocks to Look Out For in Q2

Daniel John Grady Apr 23, 2021 445 0

Many analysts and public officials are billing the second quarter this year as the "time for recovery". Expectations are for key economies to reach the number of vaccinations required to finally be able to reopen the economy for good…
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Stocks

The Markets in Waves 22.04.2021

Stavros Tousios Apr 22, 2021 439 0

In today’s video, our Head of Investment Research Stavros Tousios dives into the top Elliott Wave opportunities the markets have in store for us. Asset TimeStamps are as follows: EURUSD 01:20 GBPUSD 04:40 USOIL…
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Stocks

StockWatch: Netflix Subscribers Switch Off

David Kindley Apr 21, 2021 327 0

Netflix kicked off 2021 with a huge subscriber miss. The streaming service only added about 4 million people between January and March, well short of the projected 6 million. However, Q1 profits were still up by $1.7 billion, and…
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Stocks

Coca-Cola Signals Recovery

David Kindley Apr 20, 2021 415 0

Coca-Cola has seen some light at the end of the tunnel after battling the effects of the Covid-19 pandemic. The beverage giant said on its Q1 earnings release that global volume in March was back to 2019 levels. IBM reported…
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Stocks

StockWatch: Citigroup Exiting 13 Retail markets

David Kindley Apr 16, 2021 502 0

Citigroup posted results that beat analysts’ estimates for Q1 profits with strong investment banking revenue. The firm also said it was shuttering retail #banking operations in 13 countries across #Asia and parts of Europe to focus…
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Stocks

Microsoft’s $20bn Tech Acquisition

David Kindley Apr 13, 2021 308 0

Microsoft plans to buy a tech firm in a deal valued at almost $20 billion. The purchase of Nuance Communications is the second-largest in Microsoft's history, after its acquisition of networking site LinkedIn in 2016. Apple is…
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Stocks

StockWatch: Alibaba Accepts Record Penalty

David Kindley Apr 12, 2021 433 0

Chinese tech giant Alibaba has accepted a record penalty imposed by the country's anti-monopoly regulator. Regulators slapped a $2.8bn fine after a probe determined that it had abused its market position for years. Amazon has…
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Stocks

ALIBABA Has Cycle Impulse Wave IV Ended?

Roman Onegin Apr 12, 2021 1,552 0

The BABA formation currently hints at the construction of a cycle impulse wave. Bearish correction IV is under development, which takes the form of a primary zigzag and consists of sub-waves Ⓐ-Ⓑ-Ⓒ. Impulse wave Ⓐ and correction wave Ⓑ…
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Stocks

StockWatch: GM Price Surge as Plants Close

David Kindley Apr 9, 2021 414 0

General Motors is temporarily shutting down more auto plants, due to a global chip shortage. The company announced it would shut production at two US plants and this has caused supplies of vehicles at #dealerships to get extremely…
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