Category: fall
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David Rosenberg sees a sharp fall in USD/JPY ahead
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David Rosenberg, a semi-permanent expert on global equity markets, has issued a new commentary as he delves into the foreign exchange market with a strong case for selling the USD/JPY pair. “This may be the most obvious price anomaly on the planet,” he said, with the headline “Want to make…
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Gasoline prices in Israel to fall Saturday night
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The Israeli Ministry of Energy and Infrastructure announced that the maximum price of government-controlled 95-octane gasoline at self-service stations in Israel will be reduced as of midnight on Saturday, September 1, by NIS 0.19 per liter to NIS 7.29 per liter. The Israeli Ministry of Energy and Infrastructure announced that…
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Nvidia fails to impress growth-hungry investors, shares fall By Reuters
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Written by Archia Bajwa (Reuters) – Nvidia Corp’s quarterly outlook on Wednesday failed to meet the lofty expectations of investors who have driven a stunning rally in its shares as they bet billions of dollars on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours…
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Nvidia fails to impress growth-hungry investors, shares fall By Reuters
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Written by Archia Bajwa (Reuters) – Nvidia Corp’s quarterly outlook on Wednesday failed to meet the lofty expectations of investors who have driven a stunning rally in its shares as they bet billions of dollars on the future of generative artificial intelligence. Shares of the chipmaker fell 6% in after-hours…
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Nvidia blows past expectations with record Q2 earnings but shares fall
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Smart chipmaker Nvidia easily beat Wall Street’s bullish financial targets in the second quarter, forecast strong sales in the current quarter and said customers will start receiving shipments of its next-generation Blackwell chip in the fourth quarter. But with Nvidia’s earnings forecast strong, the company’s shares fell about 6% in…
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Super Micro delays annual filing to review internal controls, shares fall By Reuters
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(Reuters) – Super Micro Computer Inc (NASDAQ:SMIC) on Wednesday delayed filing its annual report and said it needed more time to evaluate the “effectiveness of internal controls” over its financial reporting, sending shares of the artificial intelligence server maker down 21%. The move comes a day after Hindenburg Research revealed…
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Asia stocks fall with Nvidia earnings on tap; Australia dips on sticky CPI By Investing.com
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Most Asian shares fell on Wednesday as technology-based indexes fell ahead of earnings from market darling Nvidia, while Australian shares fell on weak inflation data. Ongoing concerns about China also kept sentiment towards Asia on edge, after Canada said it would impose steep trade tariffs on the region’s largest economy.…
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Asia stocks fall with Nvidia earnings on tap; Australia dips on sticky CPI By Investing.com
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Most Asian shares fell on Wednesday as technology-based indexes fell ahead of earnings from market darling Nvidia, while Australian shares fell on weak inflation data. Ongoing concerns about China also kept sentiment towards Asia on edge, after Canada said it would impose steep trade tariffs on the region’s largest economy.…
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Rupee ends lower, logs worst single-day fall in nearly two months By Reuters
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Written by Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee fell on Wednesday, posting its worst day in nearly two months, as demand for dollars from importers and foreign banks erased almost all of the currency’s gains earlier in the week. The rupee closed at 83.9225 against the US dollar,…
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Fall in exports worries Israeli manufacturers
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The Manufacturers Association of Israel expressed concern over figures released earlier this week by the Central Bureau of Statistics, which showed negative per capita growth of 0.4% in the second quarter, while GDP grew by 1.2% year-on-year. Business output fell 1.9% in the second quarter compared to the first quarter…
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Silence reigns in Russia over linking rouble fall to Ukrainian attack By Reuters
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Written by Gleb Bryansky MOSCOW (Reuters) – There appears to be a new rule in Russia: Don’t mention war in connection with the rouble. Russian media and analysts at state-controlled banks have been largely silent on the possible connection between the ruble’s 9% depreciation against the US dollar and Ukraine’s…
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Global stocks fall and yen rises as volatility reigns By Reuters
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By Harry Robertson LONDON (Reuters) – European shares fell and U.S. stock futures fell on Thursday after choppy sessions in Asia and on Wall Street as investors struggled to find their footing in a turbulent week for markets. The yen and U.S. bonds rose as traders awaited weekly U.S. jobless…
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Asian stocks fall as growth jitters persist, Nikkei rebound fades By Investing.com
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Most Asian stocks fell on Thursday as the recovery in Japanese markets stalled amid lingering concerns about slowing economic growth and higher interest rates, while technology stocks saw an extended decline. Regional markets got a negative boost from a weak session overnight on Wall Street, as the recovery from multi-month…
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USD/JPY can fall even further
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Investing.com stock has fallen sharply over the past four weeks, and Citi Research sees the pair as vulnerable to further selling over time. At 08:55 ET (12:55 GMT), the USD/JPY pair was up 1.8% at 146.88 yen, with the pair rebounding after Bank of Japan officials earlier on Wednesday downplayed…
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Walt Disney warns theme park revenue to fall, profit slips By Reuters
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By Dawn Chmielowski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co forecast a “moderation in demand” for its theme park business in the coming quarters, overshadowing the success of Pixar’s animated film “Inside Out 2” and the company’s television business. The company’s shares fell 1.1% on Wednesday after…
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Stocks Rebound From Global Slump, Treasuries Fall: Markets Wrap
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(Bloomberg) — Calm returned to markets as investors looked for bargains after a selloff in global stocks on Monday that peaked after three weeks of losses of about $6.4 trillion. Bond prices also fell. Most Read from Bloomberg S&P 500 futures suggested a recovery could be on the way after…
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Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests
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Kenya’s private sector activity fell by the most in more than three years in July as deadly social unrest disrupted businesses. Business conditions such as output, new orders and employment in July deteriorated at the fastest rate from June since April 2021 when the world was grappling with the shocks…
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Gasoline prices in Israel to fall Wed night
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The Israeli Ministry of Energy and Infrastructure announced that the maximum price of government-controlled 95-octane gasoline at self-service stations in Israel will be reduced as of midnight on Wednesday, August 1, by 0.08 shekels per liter to 7.48 shekels per liter. The Israeli Ministry of Energy and Infrastructure announced that…
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BTC Bulls Back in Town but Will $60K Fall?
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Bitcoin recently saw a surge in demand near a crucial support level, leading to a slight recovery above the 200-day moving average at $59.2k. This price action highlights the possibility of a bullish reversal if the price settles above the 200-day moving average. Technical Analysis by Cheyenne Daily chart A…