Applied Materials stocks drop 10% due to weak outlook amidst economic uncertainties
Applied Materials Faces Significant Stock Drop Applied Materials, a major semiconductor equipment manufacturer, saw its shares plummet by over 10% during an extended trading session on Thursday after the company disclosed its outlook for the upcoming quarter. Here’s a summary of the third-quarter earnings report, comparing it to market expectations: EPS: $2.48, adjusted, against an […]
Gold Price Outlook: XAU/USD seeks direction above $3,340 support
Gold prices are fluctuating but don’t seem to show a strong trend, with dips seen just past the $3,340 mark. On Thursday, the market was notably quiet as investors awaited the US PPI data later that day. XAU/USD is in a consolidation phase following earlier losses within the $3,375 range. After hitting a high above […]
Silver price outlook: XAG/USD pulls back a bit, potential for buying on the dip
Silver faces challenges after a modest session in Asia. Hourly RSI might signal opportunities for profit. A favorable setup could encourage dip buying. Silver (XAG/USD) experienced a slight dip after nearly three weeks at highs during Thursday’s Asian session, trading around the mid-$38.00 range, reflecting a small increase of about 0.10% for the day. The […]
White House adjusts outlook for Trump-Putin meeting
The White House has tempered expectations for a significant outcome from Trump’s summit with Russian President Vladimir Putin on Friday. They’ve referred to the discussions about the war in Ukraine as “listening sessions” and “feelout meetings.” Both Trump and officials from his administration have indicated that this summit in Alaska won’t bring an end to […]
Silver Price Outlook: Optimism Grows as Gold Sets the Trend
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Captain Sig Hansen’s health scares on ‘Deadliest Catch’ altered his outlook.
Captain Sig Hansen Reflects on Mortality and Family Captain Sig Hansen, known for his role on “Deadliest Catch,” is no longer under the illusion of invincibility. At 59, after years battling the harsh conditions of the Bering Sea, he’s now confronting a more personal challenge: his own mortality. Hansen recently shared with Fox News Digital […]
Silver Price Outlook: XAG/USD seeks to break above $38.20 resistance
For the second consecutive day, the silver market is navigating the challenges of high-scale and downward trendlines. This technical landscape supports the possibility of a significant breakout past the aforementioned barriers. Buyers may consider modified pullbacks below $38.00 as remaining shielded. Silver (XAG/USD) is experiencing a positive upswing for the second day in a row, […]
Euro rises despite poor Eurozone outlook; US CPI shows mixed results
The euro climbed over 30 pips to around 1.1630, ending its two-day winning streak after mixed US inflation figures. US headline inflation increased by 0.2% in July, with the annual rate easing to 2.7%. Core consumer prices are expected to rise by 0.3% month-over-month and 3.1% year-over-year, exceeding forecasts. On Tuesday, the euro gained some […]
Gold price forecast for today: What direction will gold rates take on August 12, 2025? Here’s the outlook
Gold Price Prediction Update Gold prices seem to be in a tight range, despite various optimistic factors influencing the market. Praveen Singh, a senior research analyst from Mirae Asset Sharekhan, shares insights on the current gold price outlook and levels worth noting for investors. Current Gold Performance Spot gold wrapped up the week ending August […]
EUR/USD Outlook: Euro still needs to overcome important resistance level
During Monday’s European session, EUR/USD is expected to hover around 1.1650. Dovish comments from the Fed hinder the US dollar’s strength. Attention will be on developments in US-China trade negotiations. After a slight uptick last week, the EUR/USD has settled on Monday, trading around 1.1650 during European hours. The technical landscape indicates that there’s a […]