This Bullish Chart Pattern Led To 39% Gain For Netflix Stock
The cup with handle is a simple base pattern that leads to successful breakouts. Netflix gained 39% after breaking out from a cup with handle's buy point in 2023.
The cup with handle is a simple base pattern that leads to successful breakouts. Netflix gained 39% after breaking out from a cup with handle's buy point in 2023.
Lild announced a £500m investment into the British pork sector
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up from 648 billion rubles in April 2023.
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
(Bloomberg) -- A vessel owned by sanctioned Russian tanker giant PJSC Sovcomflot is heading to India, a signal that flows using the state-owned company’s fleet to the key Asian market may be resuming after a pause.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesAlphabet Beats
HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when prices spiked after Russia invaded Ukraine. In the U.S., Exxon Mobil missed Wall Street earnings targets on fuel derivatives and Chevron beat tempered expectations with better-than-expected U.S. oil production.
There's a trade war brewing between China and the West, at stake is who will dominate the global market for electric vehicles.
Grupo Mexico expects its Southern Copper mining arm to produce over 1 million metric tons of copper by 2027, the division's finance chief said on Friday, pointing to better-than-expected production from its portfolio of projects. The company also edged up its forecasts for this year, predicting output of 949,000 tons, said Leonardo Contreras, the unit's chief financial officer, in an earnings call. Earlier this year, Grupo Mexico predicted output of 935,900 tons of copper for 2024, up from the 911,014 tons produced last year.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
As the FTSE 100 experiences fluctuations influenced by global economic cues and sector-specific developments, investors remain attentive to shifts in market dynamics and potential opportunities. Amidst this landscape, dividend stocks continue to attract attention for their potential to offer steady income streams, particularly appealing in times of market uncertainty.
(Bloomberg) -- Oil rose this week amid signs of a tightening physical market while traders continue to assess lingering Middle East risks. Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldWest Texas Intermediate edged higher to se
Police have issued a warning to passengers planning to park at Gatwick airport.
The BBC has removed an edition of Sunday with Laura Kuenssberg from iPlayer following a complaint about comments made by Chris Packham.
New research has revealed the worst country in Europe for pickpockets - and it's a popular holiday destination for Brits
The presenter, 56, needed medical care following the live broadcast
Meghan Markle has been ridiculed online after Kris Jenner shared a snap of the gift she received from the Duchess of Sussex from her newly launched brand as fans branded the gift basket as "garbage".
Officers rushed to reach the man after he was spotted walking dangerously close to traffic
The Princess of Wales is known widely by her nickname Kate, but her real name is of course Catherine - and it seems this once caused a clash with her father-in-law King Charles