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stocks

StockWatch: Lufthansa Hits Worst Ever Annual Loss

David Kindley Mar 5, 2021 347 0

Lufthansa warned that it will not come close to pre-crisis levels of traffic until at least the middle of the decade, after the airline slumped to the worst loss in its history in 2020. The German firm made an operating loss of €5.5bn…
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Stocks

Amazon Higher As UK Grocer Opens

Orbex Mar 4, 2021 713 0

Amazon Lower On Year Shares in tech giant Amazon are trading higher today ahead of the US open. The company’s stock price has been on a steady decline from the yearly highs printed above the 3400 level, taking price down to recent lows…
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Stocks

Exxon Holding Above Key Support

Orbex Mar 3, 2021 487 0

Shares in Exxon Mobil have paused in their recent ascent. The energy company’s stock prices continue to hover around the 55.39 level following a break above it last week. Shares recovered from a brief dip below the level this week to…
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Fundamental Analysis

Alibaba Shares Slide Further

Orbex Mar 2, 2021 458 0

2021 Reversal Underway Shares in Chinese tech firm Alibaba are continuing to slide today, trading lower ahead of the market open on Tuesday. Following an initial rally over January which saw shares climbing off the December 2020 215…
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Stocks

Danone Rallies on Sale News

Orbex Mar 1, 2021 626 0

Selling Stake in Chinese Dairy Firm Shares in French food group Danone are trading higher ahead of the market open as traders digest news that the company has initiated proceedings to sell its stake in Chinese dairy firm Mengniu Dairy…
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Stocks

Is Johnson & Johnson About To Break Lower?

Orbex Feb 26, 2021 721 0

Shares in US pharmaceutical company Johnson&Johnson (J&J) are trading almost 1% lower ahead of the final US session of the week. The company’s shares have been back under selling pressure over recent weeks as the market once…
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Stocks

Societe Generale Testing Key Resistance

Orbex Feb 25, 2021 495 0

SG Rally Continues Shares in French bank Societe Generale have been on a firm rally recently. The company’s stock price has rallied more than 37% off the year-to-date mid 15 lows to current highs around the 21 level. Sentiment towards the…
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Stocks

Apple Recovers Following Wild Tuesday

Orbex Feb 24, 2021 445 0

Shares in iconic US tech firm Apple are trading a little lower pre-market on Wednesday. Following an initial rally, as the year opened, Apple shares have since retreated, falling almost 18% from highs to the lows printed yesterday.…
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Stocks

Facebook Shares Rally As Aussie Ban Lifted

Orbex Feb 23, 2021 602 0

Shares in US social media giant Facebook are trading a little higher ahead of the US open on Tuesday. The company’s shares have been under selling pressure over recent days amidst the broader sell off in tech stocks as US inflation…
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Stocks

Boeing lower Following US Incident

Orbex Feb 22, 2021 443 0

Shares in Boeing are trading a little lower ahead of the US open on Monday. The airliner’s shares have recovered over recent weeks following a steady decline from the December highs above the 235 level. Price found support on approach to…
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