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StoneCo Ltd. (STNE) delivered earnings and revenue surprises of -5.56% and 28.86%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
The British pound rallied again during the trading session on Thursday, as we continue to look at the 1.30 level as a major barrier. At this point, the market is respecting that area as major resistance, so it looks like we will still find plenty of trouble.
Anaplan (PLAN) delivered earnings and revenue surprises of 38.46% and 3.51%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
After trading a bit heavy in the early week, GBP/USD is starting to show upward momentum. More importantly, it has held above a previously broken trendline which signals more upside.
The British pound is trading sideways for a second straight day and I expect the currency to continue to drift throughout Thursday trade. We could see some volatility on Friday, as the U.K. releases key manufacturing and services reports.
The HK Bill in support of the protestors is on its way to the Oval Office. Trump’s signature may well raise doubts over a phase 1 trade agreement.
Investors await the release of the Federal Reserve minutes, and predictably, there is little movement ahead of this major event. We could see some volatility from the British pound and Canadian dollar after the release, which is scheduled for 17:00 GMT.
Zayo's (ZAYO) public sector customers in the Ashburn facility and the National Capital Region are transforming their IT infrastructure and migrating to cloud for scalability and cost savings.
GBP/USD made a bullish break in the early week but fell under pressure just ahead of a test of the psychological 1.30 level. The pair is seen continuing lower ahead of today’s Fed meeting minutes release.
Investing.com - The U.S. dollar was flat on Wednesday ahead of the expected release of the Federal Reserve meeting minutes and as tensions between Washington and Beijing rose.
Trade tensions, UK politics, the FOMC meeting minutes and inflation figures out of Canada will keep the markets busy throughout the day…
The U.S. dollar is pointing higher on Tuesday. The greenback is slightly higher against the Canadian dollar, while the pound has lost some ground against both the U.S. dollar and the euro.
The British pound continues to be all over the place as we have no idea what to do with Brexit. At this point, the market is banking on the 1.30 level, an area that would unleash massive gains.
GBP/USD made a notable bullish technical break on Monday but lost momentum ahead of the 1.3000 handle to fall into a range.
Chatter on trade remains the key driver, with negative updates from Beijing weighing on risk appetite early. The RBA added further pressure on the Aussie.
Investing.com - The U.S. dollar was little changed on Tuesday in Asia as traders await clarity on the Sino-U.S. trade developments.
The company told Juno users on Monday its service would cease to operate that evening, directing riders instead to former competitor Lyft Inc, which it has struck a strategic partnership with. Gett and Lyft declined to provide financial details of their partnership. Gett said it would increasingly focus on the corporate transportation sector.
(Bloomberg) -- Some of the least-loved stocks to make their debuts this year are rallying on Monday as the S&P 500 Index hovers in record territory.Fitness company Peloton Interactive Inc. gained 11% to a record high, closing above its IPO price of $29 for the first time. At its low last month, the stock was down 27% from its September IPO price, after falling amid concerns over its path to profitability. Lyft Inc. rose 4.2%, to its highest in almost two months, after picking up corporate clients in a deal with rival Juno, which is closing its New York-based operations. While the stock has fallen 38% from its March initial public offering, the share have added 10% since Sept. 30, on track for its first quarterly gain.Slack Technologies Inc., down about 40% from a record set on its first day of trading in June, held onto a gain of 1.1% on Monday. Shares of the workplace-collaboration software company are on a record winning streak after advancing for five consecutive days. Pagerduty Inc., meanwhile, traded above its initial offering price for the first time since October but is still down more than 50% from a June record.To contact the reporter on this story: Jeran Wittenstein in San Francisco at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Courtney DentchFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.