Nvidia Hits $3 Trillion Valuation, Announces Stock Split
Nvidia Hits $3 Trillion Valuation, Announces Stock Split Quick Look: Nvidia’s Stock Split: Nvidia will initiate a 10-for-1 stock split, trading starting Monday, following a 212% price growth over the past year. Market Impact: Nvidia’s rally has greatly influenced the S&P 500’s performance,
Apple’s Bold Leap Into Generative AI At WWDC 2024
Apple’s Bold Leap Into Generative AI At WWDC 2024 Quick Look: WWDC 2024 Focus: Apple should unveil its ambitious generative AI strategy at WWDC 2024, with significant attention on AI advancements. AI-Powered Siri: A generative AI-powered version of Siri is expected, promising proactive
EUR/USD Falls to Three-Week Low at 1.0775 on Strong USD
EUR/USD Falls to Three-Week Low at 1.0775 on Strong USD Quick Look: EUR/USD Selling Pressure: EUR/USD falls to a three-week low, trading around 1.0775, influenced by strong US economic data. Impact of US Employment Data: The US added 272,000 jobs in May, surpassing
Mortgage Rates at 7.13% for 30-Year Fixed Loans
Mortgage Rates at 7.13% for 30-Year Fixed Loans Quick Overview Current Mortgage Rates: As of May 28th, 30-year fixed rates are at 7.13%, 15-year at 6.69%, and 5/1 ARMs at 6.41%. 2024 Predictions: Rates should stay above 6.5% with a potential gradual decline;
Revised Data Shows Japan’s GDP Shrinks 1.8% in Q1
Revised Data Shows Japan’s GDP Shrinks 1.8% in Q1 Quick Look: Economic Contraction: Japan’s economy contracted at an annual rate of 1.8% in Q1 2024, slightly better than the initial 2.0% estimate. Declining Exports and Spending: Decreased exports and consumer spending contributed to
PeiPei Token Analysis: $16.17M Trading Volume, 22% Drop
PeiPei Token Analysis: $16.17M Trading Volume, 22% Drop At a Glance PEIPEI is trading at $0.061627, with a 24-hour volume of $16.17M and a 22.01% price drop. Reached an all-time high of $0.062387 on June 8, 2024, all-time low of $0.077909 on June
Cardano’s TVL Drops To $230M, DEX Activity Provides Hope
Cardano’s TVL Drops To $230M, DEX Activity Provides Hope Quick Look: Cardano (ADA) Trading Range: ADA is oscillating within a critical range, indicating potential undervaluation and a pending bull run. Technical Indicators for ADA: RSI and MACD suggest future rally potential despite current
Euro Index and Yen: The Euro is under pressure at 1043,5
Euro Index and Yen: The Euro is under pressure at 1043,5 On Friday, we saw the beginning of a bearish consolidation of the Euro index. The yen index managed to stabilize above the EMA200 moving average in the past few days. Euro index
EURGBP and EURCHF: EURCHF in retreat below 0.96300 level
EURGBP and EURCHF: EURCHF in retreat below 0.96300 level During this morning’s Asian session, EURGBP retreated to the 0.84535 support level. EURCHF continues its bearish trend for the third week in a row. EURGBP chart analysis During this morning’s Asian session, EURGBP retreated to
AUDUSD and AUDNZD: AUDUSD is falling below 0.65800 level
AUDUSD and AUDNZD: AUDUSD is falling below 0.65800 level On Friday, we saw a strong pullback in AUDUSD from 0.66700 to 0.65800. AUDNZD continued today with last week’s bullish consolidation, rising to 1.07980. AUDUSD chart analysis On Friday, we saw a strong pullback in