U.S. stock futures dropped early Friday as the postelection rally showed signs of faltering and the Federal Reserve indicated a cautious stance on further interest rate cuts. Dow Jones Industrial Average futures fell 156 points, or 0.36%, while S&P 500 and Nasdaq 100 futures declined 0.51% and 0.76%, respectively. Tech stocks saw mixed fortunes, with...

Nvidia’s stock has surged to unprecedented heights, and Melius Research suggests the momentum isn’t over. A recent note by Ben Reitzes, managing director at Melius, raised Nvidia’s price target to $185, suggesting a potential 26% increase from its current level. Reitzes likens Nvidia’s trajectory to Apple’s groundbreaking iPhone launch, suggesting that selling now could be...

Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute Time Frame On the November 10, 2024 trading session, Bitcoin surged...

Shares of Shopify surged as much as 25% following the company’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The e-commerce giant reported earnings per share (EPS) of $0.35, surpassing the anticipated $0.26. Meanwhile, its revenue reached $2.16 billion, above forecasts of $2.12 billion. This strong performance, along with Shopify’s optimistic holiday outlook, helped push...

Tencent Holdings Ltd (HK:0700) reported robust third-quarter results, surpassing profit expectations primarily due to strong growth across its gaming, advertising, and cloud segments. Profit attributable to shareholders surged 47% year-over-year to 53.23 billion yuan ($7.37 billion), well above LSEG’s forecast of 46.18 billion yuan. However, revenue came in slightly below estimates, rising 8% to 167.19...

Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute Time Frame On the November 10, 2024 trading session, Bitcoin surged...

Overall Analysis Bitcoin made an all-time high of $81,751, continuing its rally for six consecutive trading sessions. Trump’s win has fueled Bitcoin’s rise. Ethereum successfully closed above a major resistance level, and the rally seems poised to continue upward. Bitcoin Chart Analysis BTC/USD 15-Minute Time Frame On the November 10, 2024 trading session, Bitcoin surged...

Overall Analysis USD/CHF in an uptrend with strong channel support; the pair stays strong on the daily time frame. USD/JPY breakout of the distribution zone; breaking the halt zone will decide the direction. USD/CHF Chart Analysis 15 min time frame On the 11th Nov 2024, the pair kept its rally strong towards the upside with...

Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On November 11, 2024, the Dollar Index increased by 0.50%, currently trending upwards within a channel. The price might face strong rejection at the 105.77 level,...

Overall Analysis Oil turned highly volatile continuously on the 2nd trading session. Price action indicates an uptrend. Natural Gas fell sharply, going -4% in a single day. High volatility and a tight zone continue. Oil Chart Analysis Oil/USD 15-Minute Chart (Source: TradingView) On the 7th November 2024 trading session, oil can be seen highly volatile...