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Qualcomm stock falls as outlook lets down investors

Qualcomm stock falls as outlook lets down investors

Qualcomm Incorporated (NASDAQ:QCOM) saw a decline in its stock during after-hours trading on Wednesday. This dip came despite a fourth-quarter guidance that raised concerns about demand in end markets. The shares dropped by 4.1%, even though chipmakers reported better-than-expected revenues, which left some investors feeling disappointed. For the quarter ending June 29, Qualcomm posted non-GAAP […]

Gold Price Outlook: XAU/USD stays negative, with $3,345 expected to support buyers

Gold Price Outlook: XAU/USD stays negative, with $3,345 expected to support buyers

Gold is currently making a corrective recovery against the US dollar, facing resistance at $3,345 and $3,360. Strong GDP figures and hawkish expectations from the Fed are influencing the market. XAU/USD exhibits a bearish flag pattern, targeting a measured value of $3,245. On Wednesday, gold (XAU/USD) showed some upward movement, partly due to a slightly […]

USD/CAD Outlook for 30/07: Rises Ahead of Fed and BoC

USD/CAD Outlook for 30/07: Rises Ahead of Fed and BoC

The US dollar is gaining strength against the Canadian dollar in today’s trading session. This shift is largely due to interest rate announcements from both the Bank of Canada and the Federal Reserve. In the end, the spotlight is likely to remain on the US, though it’s clear that traders are paying attention to the […]

Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed

Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed

Gold Stabilizes After Four-Day Slide Gold (XAU/USD) has stabilized around $3,321 on Tuesday, after reaching a nearly three-week low of about $3,300, effectively stopping a four-day losing streak. Risk-on sentiments and easing geopolitical tensions are contributing to a reduction in demand for safe havens as the August 1 deadline approaches. The market remains cautious ahead […]

USD/JPY Price Outlook: Increasing 20-day EMA indicates a significant upward trend

USD/JPY Price Outlook: Increasing 20-day EMA indicates a significant upward trend

USD/JPY falls to about 148.35 after a three-day winning streak. US tariff agreements bolster the US dollar. Market participants are keenly awaiting monetary policy updates from the Fed and BOJ this week. The USD/JPY pair dipped to around 148.35 during the late Asian trading session on Tuesday, having difficulty maintaining its three-day run of gains. […]

Mark Halperin Shares Somber Outlook on Kamala Harris’ Political Future

Mark Halperin Shares Somber Outlook on Kamala Harris' Political Future

Kamala Harris’s Political Future Uncertain Political analyst Mark Halperin suggested that former Vice President Kamala Harris might withdraw from the political scene during a recent morning meeting. He noted that she is expected to make a decision about entering the California governor’s race by the end of summer. In March, he referenced two unnamed sources, […]

GBP/USD Price Outlook: Remains positive above 1.3550, staying above the 100-day EMA

GBP/USD Price Outlook: Remains positive above 1.3550, staying above the 100-day EMA

GBP/USD shows a slight gain of around 1.3440 in Monday’s Asian trading session. The pair maintains an optimistic tone above the 100-day EMA, though some consolidation might happen soon. Immediate resistance is identified at 1.3588, while initial support is at 1.3365. During Monday’s Asian hours, GBP/USD managed a modest profit, nearly reaching 1.3440. This comes […]