Fri, April 26, 2024
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Fri, April 26, 2024
NEWS FLASH
Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03Natural Gas Prices Climb Amid Geopolitical TensionsRay-Ban Meta x Ferrari Smart Glasses Launch at $499EUR/USD Faces 3.4% Drop Amid US and EU Economic ShiftsUSD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies
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Snapchat and new opportunities

Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03

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Quick Look: Snapchat achieved $1.2B in revenue, surpassing the expected $1.1B. Reported $0.03 per share against a forecasted loss of $0.05. Daily active users reached 422M, exceeding expectations. Snapchat has delivered outstanding financial results for the first quarter of 2024. The company outstripped analyst predictions on key financial metrics such as revenue earnings per share …

Snapchat’s Q1 2024 Revenue Hits $1.2B, Up 9.09%, EPS at $0.03 Read More »

gas

Natural Gas Prices Climb Amid Geopolitical Tensions

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Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural gas market has exhibited signs of resilience, with prices nudging upward in Asian markets as of …

Natural Gas Prices Climb Amid Geopolitical Tensions Read More »

ray ban meta

Ray-Ban Meta x Ferrari Smart Glasses Launch at $499

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Quick Look: New Ray-Ban glasses feature a 12 MP camera, voice commands, and multimodal AI for real-time translations. Offers designs like cat-eye, with a special Scuderia Ferrari edition for collectors. Outshines rivals like Humane AI Pin are favored for their innovative use and practical applications in everyday scenarios. Ray-Ban Meta has introduced a limited edition …

Ray-Ban Meta x Ferrari Smart Glasses Launch at $499 Read More »

euro (EUR), European currencies rallied on Monday. What about Dollar?

EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts

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Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The EUR/USD currency pair is moving toward a crossroads, facing challenges and opportunities. Investors and traders are …

EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts Read More »

Wibest – Yen exchange rate: USD and JPY bills.

USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies

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Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth, the dollar attracts investors; USD/JPY faces resistance near 160.00. The financial landscape has been turbulent for …

USD/JPY Hits 34-Year High of 156.00 Amid Fiscal Policies Read More »

Wheat is on active export demand, grain

Global Events and Weather Drive Grains’ Price Increases

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Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude oil rises. Significant movements in the grains markets, especially for wheat, corn, and soybeans, are making …

Global Events and Weather Drive Grains’ Price Increases Read More »

Stocks

Hasbro Inc. Q1: Profits Soar to $58.2M, Shares Up 11.6%

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Quick Look: Hasbro reports a strong recovery with Q1 earnings of $58.2 million, a sharp contrast to last year’s loss. Despite a 24.3% drop in revenue to $757.3 million, performance surpassed analysts’ expectations. The Wizards of the Coast and Digital Gaming segment grew by 7%, led by games like “Baldur’s Gate III”. Hasbro announced a …

Hasbro Inc. Q1: Profits Soar to $58.2M, Shares Up 11.6% Read More »

Wibest – UK Currency: The UK and EU flags in front of the UK parliament.

UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops

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Quick Look: UK inflation hits a 13-month low at 2.4%, unexpectedly driven down by lower airfares. Bank of England may delay rate hikes, with shifting odds now favouring a rise by August. Economic signs mixed, with factory costs up but pound strength and job market stability noted. In a surprising turn of events, British inflation …

UK Inflation Hits 13-Month Low at 2.4%, Unexpectedly Drops Read More »

usd/chf Franc: New Swiss franc bills.

USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts

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Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed signals with stable PMIs; the Swiss economy weakens with low inflation and retail sales. The USD/CHF …

USD/CHF Climbs to 0.9150 on US-Swiss Policy Shifts Read More »

The Canadian Dollar (USD/CAD) Stable, Russia Faces Penalties

USD/CAD Market Trends: Key Financial Events

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Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions.  Oil prices affect CAD; treasury yields and buying interest boost USD. The USD/CAD pair has recently undergone noteworthy fluctuations in the dynamic landscape of global currency exchanges. Presently …

USD/CAD Market Trends: Key Financial Events Read More »

Spectacular weekly rise in Silver Price

Silver Prices Struggle Amid Market Volatility, Down 1.27%

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Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an increasingly volatile market environment. The precious metal experienced a sharp drop in early trading on Monday, …

Silver Prices Struggle Amid Market Volatility, Down 1.27% Read More »

Stocks

HashiCorp Inc.: Market Dynamics and Financial Analysis

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Quick Look: HashiCorp Inc.’s stock price is currently $24.55, up 4.78% in the past week but 11.53% down from its 52-week high. Significant sales from Marc Holmes and Armon Dadgar suggest mixed confidence. Diverse opinions from KeyBanc, Scotiabank, and Morgan Stanley show cautious optimism. Price trends suggest resistance and support levels, with an RSI of …

HashiCorp Inc.: Market Dynamics and Financial Analysis Read More »

Kennedy memorial next to the Nasa globe.

NASA Allocates $93.5M to Space Tech Advancements

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Quick Look: New Frontier Aerospace: Developing the Bifröst orbital transfer vehicle to revolutionize space logistics with its 3D-printed rocket engine. HyBird Space Systems: Focused on eco-friendly propulsion to manage space debris, enhancing the sustainability of orbital environments. The Innovation Laboratory: Advancing air traffic management with AI, aiming to increase the efficiency and safety of air …

NASA Allocates $93.5M to Space Tech Advancements Read More »

Euro is back on track

Euro Wavers: ECB Rate Signals and Mixed Global Indicators

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Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex economic outlook; the US shows weaker figures. Technical patterns suggest a potential decline in EUR/USD amid fluctuating forex markets. In a week filled with pivotal economic updates, the euro experienced significant fluctuations, influenced by European …

Euro Wavers: ECB Rate Signals and Mixed Global Indicators Read More »

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