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Economy

GBP/USD forecast: forms a giant cup and handle pattern

The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England…
Economy

JEPI vs JEPQ: Which is a better covered call ETF to buy?

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and the JPMorgan Equity Premium Income ETF (JEPI) have accumulated assets because of their…
Economy

S&P 500 Index: Time to sell the SPY ETF in May and go away?

The S&P 500 index and its ETFs like SPY and VOO have bounced back in the past few weeks as investors buy…
Stock

Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain…
Stock

Tesla denies report that the EV maker is looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching…
Stock

Amazon is stepping up to fill a gap in Hollywood’s movie slate

Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie…
Stock

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and…
Investing

Can Lloyds share price surge to 100p after its earnings?

Lloyds share price is hovering at its highest level in over 17 years as the British bank’s performance continues doing well. It…
Investing

Why the Starbucks CEO still backs SBUX stock despite earnings slump

Starbucks Corp (NASDAQ: SBUX) Q2 financials are not at all indicative of how the company’s “Back to Starbucks” strategy has been proceeding…
Investing

Asian FX rally? Poll reveals growing bullishness driven by weaker dollar

Investor sentiment towards most Asian currencies has turned increasingly positive, with market participants ramping up bullish positions as the US dollar continues…
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