GameStop is back! It has already surged by 14% in pre-trade hours.
Stocks jumped on better-than-expected earnings reports
The start of the US trading session has been positive for traders of Tesla and Microsoft. The financial data of companies bit estimates.
The adjusted earnings per share of Tesla came out at $1.86 vs. $-0.15 expected. The stock of a company gapped up towards the $304.93 level but then fell immediately towards $290.1. The next support lies at $281.6. The retest of the 304.93 level will increase the chance of a breakout of this level and reaching the next resistance at $312.8.
The EPS of Microsoft reached $1.38 (versus $1.25 expected). Plus, the report showed a larger-than-expected revenue ($33.06 vs. $32.23). The price of stocks tested the $140.11 level. The next resistance will lie at $141.62. From the downside, the support levels lie at $136.55 and $134.5.
On Wednesday, Russia’s department of communications control Roskomnadzor slowed down Twitter’s speed. What does it mean for the stock?
Why do we like Tesla so much? Here is why - check the article.
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
In this article, you'll find the latest news and tech analysis of EUR/USD, gold, and GBP/USD!