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AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Shares of Advanced Micro Devices tumbled Thursday as the chipmaker's new AI lineup failed to excite investors who are eager to see the company take on Nvidia. Shares of Advanced Micro Devices (AMD) tumbled 4% on Thursday as the chipmaker’s newly unveiled AI lineup failed to generate excitement among investors eager to see AMD directly…

ByPexecoOctober 11, 20240Comments

Stocks

Meta Stock Hits Record High Amid AI Hype

Meta shares hit a new record high Friday as investor optimism about the tech giant’s AI opportunities runs high. Meta Platforms (META) shares reached a new record high Friday, continuing their strong 2024 rally as investor optimism surrounding the tech giant's AI and metaverse innovations remains strong. Meta's recent showcase at its Connect conference highlighted…

ByPexecoOctober 5, 20240Comments

Stocks

Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Microsoft shares rose for the the seventh consecutive session on Tuesday, with the latest gains coming after the tech giant hiked its quarterly dividend by 10% and approved a $60 billion stock buyback. Microsoft shares extended their rally for the seventh consecutive session on Tuesday, fueled by the company’s announcement of a 10% increase in…

ByPexecoSeptember 18, 20240Comments

Commodities

Oil Prices Steady Amid US Market Slack and Middle East Tensions

Oil prices seem to have stabilised somewhat since last report, in a sign of hesitation on behalf of oil bulls to advance further. In today’s report we are to have a look at the data relating to the US oil market, and continue to view the fundamentals surrounding the international oil market. To conclude the report…

ByPexecoJuly 3, 20240Comments

Commodities

Oil Bullish Sentiment Prevails Despite Bearish US Signals

Oil prices continued to be on the rise since last report, and the bullish sentiment for the commodity seems to remain present. In today’s report we are to have a look at the data relating to the US oil market, and continue to view the fundamentals surrounding the international oil prices. To conclude the report we…

ByPexecoJune 20, 20240Comments

Stocks

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership

KEY TAKEWAYS As Nvidia, Microsoft, and Apple jostle for the mantle of the world’s most valuable company by market capitalization, watch out for these key chart levels. Monitor if buyers can defend an uptrend line in Nvidia shares around $87 during periods of profit taking. A breakdown below a key uptrend line in Microsoft shares…

ByPexecoJune 19, 20240Comments

Commodities

Oil Market Analysis: Are Oil Bulls Taking a Breather?

Oil prices seemed to be on the rise since last report, yet oil bulls seem also to be taking a break over the past 24 hours. Hence today in the report we are to have a look at the data relating to the US oil market, the Fed’s interest rate decision and a wider look at…

ByPexecoJune 14, 20240Comments

Commodities

Gold Outlook: Stabilising somewhat

Gold’s price moved decisively lower , since our last report, after reaching a new record high.Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may affect the direction of its price action. Finally, we will be concluding this report with a technical analysis of…

ByPexecoJune 4, 20240Comments

Finance News

Manufacturing PMIs in the epicenter

OThe USD edged lower against its counterparts on Friday, yet the big picture of an overall sideways movement seems to be maintained. The highlight of the week for USD traders and not only for them, is expected to be the release of the US employment report for May on Friday, yet for today we highlight…

ByPexecoJune 4, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Meta Stock Hits Record High Amid AI Hype

Microsoft Shares Surge Amid Dividend Hike, $60 Billion Buyback

Oil Prices Steady Amid US Market Slack and Middle East Tensions

Oil Bullish Sentiment Prevails Despite Bearish US Signals

Key Levels to Watch as Nvidia, Microsoft, and Apple Compete for Market Cap Leadership

Oil Market Analysis: Are Oil Bulls Taking a Breather?

Gold Outlook: Stabilising somewhat

Manufacturing PMIs in the epicenter