Oil Prices Remain Under Pressure This Week – Commerzbank

TalkMarkets - Sat, 07/27/2024 - 18:30
"Last but not least, it was thanks to the surprisingly good US growth figures reported yesterday that the price of crude oil is trading above $82 again at the end of the week.”

Forex And Cryptocurrency Forecast For July 29 - Aug. 2

TalkMarkets - Sat, 07/27/2024 - 16:59
The unrest that began on July 17 in the stock market increased demand for the dollar as a safe-haven currency, strengthening it by more than 100 points. However, for the last few days of the trading week, the EUR/USD pair moved within a narrow range.

Tech Stocks: Sharp Decline? Yes. Out Of The Ordinary? No.

TalkMarkets - Sat, 07/27/2024 - 16:40
“Stocks take the escalator up and the elevator down” is a common phrase you’ll be hearing more of as volatility picks up and stocks experience their second major decline of the year. This pullback has been sharp, but otherwise pretty ordinary

VOXX International Corporation: Unpopular But Profitable?

TalkMarkets - Sat, 07/27/2024 - 16:20
The auto industry is going through a downturn, so VOXX International has been losing money and sitting on high inventory levels. But the stock has fallen 90% from its 2021 high, which may be on the excessive side, resulting in an opportunity.

Amphenol Corporation Dividend Increase

TalkMarkets - Sat, 07/27/2024 - 16:10
On July 23, Amphenol Corporation increased its quarterly dividend by 50%, from 11 cents to 16.5 cents per share. The dividend will be paid on Oct. 9, 2024 to shareholders of record on Sept. 17, 2024.

Gold Rises Amid Soft US Dollar As Traders Eye Next Week's Fed Meeting

TalkMarkets - Sat, 07/27/2024 - 16:00
The price of gold made a U-turn after diving to a two-week low of $2,353. It edged higher some 0.80% as market participants seemed secure that the Federal Reserve will lower interest rates at the September meeting.

Time To Buy The Dip On Alphabet Following Earnings?

TalkMarkets - Sat, 07/27/2024 - 15:40
Alphabet reported earnings on Tuesday and beat analysts’ estimates on both the top and bottom lines, yet the stock has been rolling over. Is it time to get out of the stock? Maybe not. Rather, it may be a fantastic buying opportunity.

Wall Street's Top 10 Stock Calls This Week - Saturday, July 27

TalkMarkets - Sat, 07/27/2024 - 15:20
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of July 22-26, 2024.

134-Year-Old American Furniture Chain Files For Bankruptcy, Closes All 553 Stores

TalkMarkets - Sat, 07/27/2024 - 15:00
Conn's, a 134-year-old American furniture chain, has filed for bankruptcy and is shuttering all of its 553 stores after experiencing a slowdown in recent years that affected both sales and liquidity.

Teradyne: What Earnings And The Market Reaction Say About The Semiconductor Sector

TalkMarkets - Sat, 07/27/2024 - 14:40
Throughout 2024, Teradyne Inc. has been a large beneficiary of rising revenue and EBITDA estimates across the semiconductor sector. With the industry and Big Tech seeing a harsh selloff, the risk/reward may have improved for long-focused investors.

Pages