Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the company’s share price.... more...
Ramki Ramakrishnan, Elliott Wave specialist, suggests a possible retest of the $200 level, but After we move to between $233 and $260. more...
The improvement in risk appetite may keep the S&P 500 index afloat over the coming days as the Federal Reserve appears to be in no rush to winddown its balance sheet. more...
Crude oil recovered ground going into the weekend as supply concerns re-emerge and the war goes on. Have markets seen a base for WTI? more...
The Australian Dollar rebounded sharply last week after Chinese authorities’ pledge to support the economy boosted market sentiment. A robust Australian jobs report also lifted the commodity currency. more...
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