ONLINE FOREX BROKER
2021-07-09 • Updated
Amazon is a US tech giant company, involved in e-commerce, cloud computing, digital streaming, and artificial intelligence. Amazon founder Jeff Bezos stepped down as CEO on July 5. Andy Jassy, who ran Amazon's cloud-computing business and worked in a company for 24 years (!), replaced Bezos.
However, it wasn’t the reason for the stock’s jump. What pushed the price up then? Pentagon! Yeah, it decided to divide the $10 billion contract of a cloud-computing deal between Microsoft and Amazon. The full contract should have gone to Microsoft only, but Amazon argued that it would be unfair and Pentagon agreed.
Moreover, Amazon made a multi-year deal with Comcast's Hollywood heavyweight Universal. Amazon will add Universal Pictures’ films to the Prime Video streaming service. It will make Amazon closer to Netflix in terms of gotta-see-it content and prominence. Overall, there has been just good news for Amazon so far.
It’s better to look at the weekly chart to see the whole picture. Since mid-summer of 2020, Amazon was moving back and forth in a horizontal corridor between $2900 and $3500. This week, it has escaped that corridor breaking above the resistance of $3500! Will it reach $4000 soon?
More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
Why? Despite the fact that analysts and experts have been predicting the US stock market crash during pash year S&P500 doubled since March 2020 crush and NASDAQ is also gaining permanently…
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
