
Why Is The Pound Sinking Again? Should You Buy GBP?
Hedge funds were long as the pound fell and the GBP/USD is expected to hit parity very soon.
Hedge funds were long as the pound fell and the GBP/USD is expected to hit parity very soon.
The Pound is getting crushed and traders are betting for the prices to crash even more after the UK’s mini rescue budget
Sterling drops to a new low which is not seen in 37 years and traders have made money by selling the Pound.
Brent and Crude prices are tanking as traders are reacting to weak economic numbers from two important countires. Should you buy oil?
Disney reported strong quarterly earnings yesterday, which boosted its stock price by 6%. Their earnings were much better than Netflix and investors are wondering if they should buy the stock now.
The US inflation number for August 2022 will be released today. The data will make or break the bear market rally as the Fed watches this economic number.
With an economic slowdown, Apple is scheduled plans to reduce employment announces results this week, it makes apple stocks vulnerable.
Snap’s stock dropped 38% on Friday after the company released its second-quarter earnings report, which was less than encouraging. A slump in online consumption, Apple’s 2021 iOS upgrade, and competitors from TikTok all contributed to Snap’s poor earnings
Tesla earned $2.27 billion in adjusted profits per share on $16.95 billion in sales. Inflation and competitive pressures for batteries and other materials used in electric cars harmed the automotive gross margin, which fell to 27.9% from 32.4 percent last quarter and 28.6 percent a year earlier.
Netflix financial reports were keenly anticipated. For a corporation that planned to lose 2.2 million paying customers in the three months that ended June 30. The loss of 975,000 paying customers is a significant victory.
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