JPMorgan Cuts Apple Inc. (NASDAQ:AAPL) Shipment Estimates By 4%

JPMorgan Cuts Apple Inc. (NASDAQ:AAPL) Shipment Estimates By 4%

JPMorgan Cuts Apple Inc. (NASDAQ:AAPL) Shipment Estimates By 4% Chatterjee cut his iPhone shipment estimates by 4% to 139.5 million units for the second to fourth calendar quarters. “The worsening macro environment and its likely impact on consumer spending globally are driving us to trim our iPhone shipment estimates, which in effect modestly lowers the […]

What Alibaba Group Holding Limited (NYSE:BABA) Investors Should Know About the 1-for-8 Proposal

What Alibaba Group Holding Limited (NYSE:BABA) Investors Should Know About the 1-for-8 Proposal

What Alibaba Group Holding Limited (NYSE:BABA) Investors Should Know About the 1-for-8 Proposal An Alibaba stock split proposal has been made by the company in an effort to increase its number of shares. Here’s what investors in Alibaba (NYSE:BABA) need to know about the stock split proposal. The Alibaba stock split would have the company dividing one […]

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains

Twitter, Inc. (NYSE:TWTR) Outpaces Stock Market Gains In the latest trading session, Twitter (TWTR) closed at $36.44, marking a +0.8% move from the previous day. This move outpaced the S&P 500’s daily gain of 0.09%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.62%. Coming into today, shares of the short messaging service […]

Dow Jones Industrial Average (.DJI) US central bank is expected to leave borrowing costs unchanged

Dow Jones Industrial Average (.DJI) US central bank is expected to leave borrowing costs unchanged

Dow Jones Industrial Average (.DJI) US central bank is expected to leave borrowing costs unchanged Wall Street climbed on Monday, with Facebook, Apple and Amazon leading the way, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year. The US central bank […]

Bitcoin: USD/BTC (BTC=X) reaching its highest level in 13 months

Bitcoin: USD/BTC (BTC=X) reaching its highest level in 13 months

Bitcoin: USD/BTC (BTC=X) reaching its highest level in 13 months Bitcoin’s stunning spring continues: It soared past $9,300 Monday, reaching its highest level in 13 months. The cryptocurrency has risen 148% in 2019. Many investors are betting on more growth ahead. As JPMorgan (JPM), Fidelity and the New York Stock Exchange get into the cryptocurrency […]

Facebook, Inc. (NASDAQ:FB) new cryptocurrency could make big waves

Facebook, Inc. (NASDAQ:FB) new cryptocurrency could make big waves

Facebook, Inc. (NASDAQ:FB) new cryptocurrency could make big waves Facebook, Inc. (FB) shares rose nearly 3% during Monday’s session after analysts expressed optimism about its new cryptocurrency offering – Libra. The company will unveil a white paper on Tuesday related to the new cryptocurrency, which has already reportedly gained widespread support from industry partners and […]

United States Oil (USO) on the defensive

United States Oil (USO) on the defensive

United States Oil (USO) on the defensive Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. U.S. crude oil futures shed 0.08% to $51.89 per barrel after retreating 1.1% the previous […]

Metropole Hanoi’s GM William Haandrikman named “General Manager of the Year” in Asia for 2019

Metropole Hanoi’s GM William Haandrikman named “General Manager of the Year” in Asia for 2019

HANOI (June 18, 2019) – William Haandrikman, the General Manager of Sofitel Legend Metropole Hanoi, was named “General Manager of the Year” in Asia at the Stelliers Asia and South Asia 2019 awards ceremony on May 28. Haandrikman, who is also the Area General Manager for AccorHotels in the north of Vietnam, was presented with […]

Top 20 Busiest Airports in the World

Top 20 Busiest Airports in the World

Top 20 Busiest Airports in the World Last year we saw Hartsfield-Jackson Atlanta International Airport top the table, boasting the busiest airport in the world with nearly 104 million (based on 2017 figures), but did it retain its top spot in 2018? Read on to find out more… #1 Hartsfield-Jackson Atlanta International Airport (ATL) Holding […]

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA

MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA Malaysia Airports Holdings Bhd (MAHB) today launched the country’s first outdoor aircraft observing deck (Anjung Spotter) at the Kuala Lumpur International Airport (KLIA). The deck is located at Jalan Pekeliling next to Runway 32 Left (32L) which MAHB said well-positioned to be the […]

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations

Shanghai: SSE Composite Index (.SSEC) trading remains subdued as investors awaited cues from the U.S.-China trade negotiations Chinese stocks ticked up on Monday on expectations of further policy support, but trading remained subdued as investors awaited cues from the U.S.-China trade negotiations at the G20 summit later this month. At the close, the Shanghai Composite […]

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law

Hong Kong: HANG SENG INDEX (.HSI) investors cheering a decision by the city to suspend plans to push through a controversial extradition law Hong Kong stocks rallied yesterday, leading many Asian markets higher after last week’s losses, with investors cheering a decision by the city to suspend plans to push through a controversial extradition law. […]

Gold 1 OZ (XAU=X) has turned lower, buffeted by a strong US dollar

Gold 1 OZ (XAU=X) has turned lower, buffeted by a strong US dollar

Gold 1 OZ (XAU=X) has turned lower, buffeted by a strong US dollar Gold has been unable to hold its recent 14-month high and is drifting back towards minor support around $1335/oz. after a Friday rebound in the US dollar. The greenback remains the primary driver for gold and this Wednesday’s FOMC meeting will be […]

Euro: USD/EUR (EUR=X) Finds Support in Mixed Eurozone Wage Data

Euro: USD/EUR (EUR=X) Finds Support in Mixed Eurozone Wage Data

Euro: USD/EUR (EUR=X) Finds Support in Mixed Eurozone Wage Data Investors bought the Euro to US Dollar (EUR/USD) exchange rate back up from the lows it saw over the weekend today, as markets reacted to some disappointing US data. The pair’s potential for gains was limited though, amid Eurozone inflation concerns and anticipation for upcoming […]

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate

Japanese Yen: USD/JPY (JPY=X) traders adjust positions ahead of this week’s interest rate The Dollar/Yen is trading higher on Monday as traders adjust positions ahead of this week’s interest rate and monetary policy statements from the U.S. Federal Reserve and the Bank of Japan. Increased demand for risky assets is also helping to support the […]

Silver 1 OZ 999 NY (XAG=X) unable to convincingly break the 200-day moving average

Silver 1 OZ 999 NY (XAG=X) unable to convincingly break the 200-day moving average

Silver 1 OZ 999 NY (XAG=X) unable to convincingly break the 200-day moving average Silver’s recent break above $15.00 did not for long as the 200-day moving average, currently around $15.05, continues to act as strong resistance to a move higher. Silver has broken above the longer-dated moving average three times in the last two weeks […]

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines

Australian Dollar: USD/AUD (AUD=X) hit notable support level after recent declines AUD/USD has continued its declines, with the pair hitting the lowest level in five months. The outlook for the day will depend on the reaction to this $0.6865 support level. The hourly chart shows the move back towards trendline resistance, raising the likeliness of […]

Singapore: STI Index (.STI) more downside risks in 2019 growth

Singapore: STI Index (.STI) more downside risks in 2019 growth

Singapore: STI Index (.STI) more downside risks in 2019 growth SINGAPORE: The slump in Singapore’s non-oil domestic exports (NODX) may not be reversed anytime soon amid an unpredictable trade conflict between the United States and China, said economists. Two watchers of the local economy have cut their full-year forecasts for NODX – the most-watched figure […]

British Pound: USD/GBP (GBP=X) forecasts downgraded amid mounting election risks

British Pound: USD/GBP (GBP=X) forecasts downgraded amid mounting election risks

British Pound: USD/GBP (GBP=X) forecasts downgraded amid mounting election risks The Pound is facing a protracted period of weakness as the risk of a general election and socialist government mounts, according to new forecasts from ING Group, while the Dollar is just months away from a turn lower that brings its 18-month rally to an end […]

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher

Australia: S&P/ASX 200 (.AXJO) poised to open higher The Australian share market looks set to start the week on a high. According to the latest SPI futures, the ASX 200 index is poised to open 0.1% or 8 points higher this morning. This is despite a disappointing end to the week on Wall Street which […]

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) proposed a one-to-eight stock split ahead of a listing in Hong Kong China’s Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to US$20 billion. The split, to be presented to shareholders for a […]

Dow Jones Industrial Average (.DJI) Higher as Investors Prep for Fed Meeting

Dow Jones Industrial Average (.DJI) Higher as Investors Prep for Fed Meeting

Dow Jones Industrial Average (.DJI) Higher as Investors Prep for Fed Meeting U.S. equity futures edged higher Monday, while the dollar held at a near two-week high against it global currency peers, as investors adopted a cautious stance on risk heading into this week’s Federal Reserve meeting while closely monitoring military developments in the Gulf […]

Bitcoin: USD/BTC (BTC=X) has gained more than $5,000 since the start of 2019

Bitcoin: USD/BTC (BTC=X) has gained more than $5,000 since the start of 2019

Bitcoin: USD/BTC (BTC=X) has gained more than $5,000 since the start of 2019 The price of bitcoin crossed the $9,000 threshold Sunday for the first time in more than a year. Bitcoin BTCUSD, +2.15%   peaked around $9,385 in intraday trading, according to Coindesk. The cryptocurrency slipped in the afternoon, and was last around the $9,100 level. The […]

United States Oil (USO) rise after tanker attacks

United States Oil (USO) rise after tanker attacks

United States Oil (USO) rise after tanker attacks Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week. Brent futures had climbed 26 cents, or 0.4%, to $62.27 a […]

Alphabet Inc. (NASDAQ:GOOG) executives are preparing themselves for a bruising meeting with investors

Alphabet Inc. (NASDAQ:GOOG) executives are preparing themselves for a bruising meeting with investors

Alphabet Inc. (NASDAQ:GOOG) executives are preparing themselves for a bruising meeting with investors oogle executives are preparing themselves for a bruising meeting with investors protesting pay and bonuses for high ranking employees who turn a bind eye to sexual misconduct, following a year of high profile scandals at the company. Shareholders will on Wednesday vote […]

Tesla, Inc. (NASDAQ:TSLA) drivers are caught sleeping

Tesla, Inc. (NASDAQ:TSLA) drivers are caught sleeping

Tesla, Inc. (NASDAQ:TSLA) drivers are caught sleeping Over the last few days, several Tesla drivers were caught sleeping at the wheel on Autopilot. The narrative seems to be that Autopilot is the cause, but people have been falling asleep at the wheel way before Tesla’s driver assist system existed. Someone reported to NBC that he caught a […]

Facebook, Inc. (NASDAQ:FB) GlobalCoin is no threat to Bitcoin

Facebook, Inc. (NASDAQ:FB) GlobalCoin is no threat to Bitcoin

Facebook, Inc. (NASDAQ:FB) GlobalCoin is no threat to Bitcoin When Facebook finally confirmed that it will launch its own cryptocurrency, it was quickly labeled a potential ‘Bitcoin killer’ in the media. Taking a closer look, however, it is clear that Facebook’s new online payment system is an unlikely threat to the world’s leading decentralized digital […]

British Pound: USD/GBP (GBP=X) to move sideways or decline in short-term

British Pound: USD/GBP (GBP=X) to move sideways or decline in short-term

British Pound: USD/GBP (GBP=X) to move sideways or decline in short-term The Pound-to-Dollar rate is trading at around 1.2589 at the start of the new week, after falling 1.13% in the previous week. Studies of the charts suggest that the exchange rate is likely to continue falling over the next five days but we are […]

Euro: USD/EUR (EUR=X) to be impacted by June PMIs

Euro: USD/EUR (EUR=X) to be impacted by June PMIs

Euro: USD/EUR (EUR=X) to be impacted by June PMIs It’s a busy week ahead for the Sterling and Euro and therefore volatility could be elevated: Sterling has the Bank of England and Boris Johnson to consider while the ECB’s Sintra conference could see the Euro hit with a surprise. Technicals however advocate for further losses […]

Singapore: STI Index (.STI) cautious trading

Singapore: STI Index (.STI) cautious trading

Singapore: STI Index (.STI) cautious trading Sentiment in the Singapore market was generally risk-off yesterday. Investors took to profit-taking on property-related counters that have rallied, but dips in stocks with heavier exposures to Hong Kong left the blue-chip index nearly unchanged. The Straits Times Index (STI) closed at 3,222.63, up 1.97 points or 0.06 per […]

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut

Australian Dollar: USD/AUD (AUD=X) traders focus on RBA interest rate cut On the back of the recent RBA interest rate cut, there are mounting calls in Australia, to continue to cut with some expecting the cash rate to drop to 0.5%. At least that is the expectation of a few of the major banks both […]

Gold 1 OZ (XAU=X) rally takes price into a multi-year trendline

Gold 1 OZ (XAU=X) rally takes price into a multi-year trendline

Gold 1 OZ (XAU=X) rally takes price into a multi-year trendline The immediate gold price advance is vulnerable while below this slope – risk for exhaustion IF price fails a weekly close above 1351. From a trading standpoint, a good place to reduce long-exposure / raise protective stops. Ultimately, we’ll be on the lookout for more favourable entries […]

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI)

Street demonstrations reduce gains for Hong Kong: HANG SENG INDEX (.HSI) Hong Kong stocks emerged from a topsy-turvy week still in the black — but with considerable worries weighing on sentiment. After surging 2.3% at the start of the week amid global optimism over monetary policy easing, the Hang Seng Index slumped on Wednesday as […]

Silver 1 OZ 999 NY (XAG=X) may give healthy returns in the latter part of 2019

Silver 1 OZ 999 NY (XAG=X) may give healthy returns in the latter part of 2019

Silver 1 OZ 999 NY (XAG=X) may give healthy returns in the latter part of 2019 The price of silver in comparison with the price of gold is at a 26-year low. The ratio of gold price to silver price is currently around 90, the highest after March 1993. A higher ratio indicates that silver […]

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open

Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open Australian shares are poised to edge higher at the open of a week where central bankers are set to dominate. ASX futures are up 8 points or 0.1 per cent to 6565. Local investors will be waiting for the latest RBA meeting minutes to […]

Bitcoin: USD/BTC (BTC=X) incredibly unpredictable

Bitcoin: USD/BTC (BTC=X) incredibly unpredictable

Bitcoin: USD/BTC (BTC=X) incredibly unpredictable Bitcoin and cryptocurrency markets are highly volatile and, according to new research, incredibly unpredictable, appearing to move independently of most traditional or expected indicators. The bitcoin price, which has doubled so far this year after recording heavy losses throughout 2018, is hovering around $8,000 per bitcoin. Most other major cryptocurrencies, […]

Apple Inc. (NASDAQ:AAPL) could move iPhone production from China

Apple Inc. (NASDAQ:AAPL) could move iPhone production from China

Apple Inc. (NASDAQ:AAPL) could move iPhone production from China Earlier this week, Apple’s biggest manufacturing contractor said that it could move iPhone production from China so that Apple could avoid any additional import tariffs imposed by the Trump Administration. The problem is that actually making the move may be too complicated and expensive for Apple. […]

Dow Jones Industrial Average (.DJI) Bounces Back

Dow Jones Industrial Average (.DJI) Bounces Back

Dow Jones Industrial Average (.DJI) Bounces Back The Dow and broader U.S. stock market advanced on Thursday, as investors found a silver lining in the recent string of downbeat data releases. By this time next week, markets will have a clearer picture of whether the Federal Reserve will indeed lower interest rates at its end-of-July […]

Alibaba Group Holding Limited (NYSE:BABA) investors optimistic about the Trump administration reaching a deal with China

Alibaba Group Holding Limited (NYSE:BABA) investors optimistic about the Trump administration reaching a deal with China

Alibaba Group Holding Limited (NYSE:BABA) investors optimistic about the Trump administration reaching a deal with China When the U.S. backed off from imposing tariffs on Mexico, investors became more optimistic about the Trump administration reaching a deal with China. So it’s not surprising that China-based stocks have rallied nicely in the last week, enough to suggest that […]

NASDAQ Composite (.IXIC) hopes of an interest rate cut adding to theupbeat sentiment

NASDAQ Composite (.IXIC) hopes of an interest rate cut adding to theupbeat sentiment

NASDAQ Composite (.IXIC) hopes of an interest rate cut adding to theupbeat sentiment Gains in energy shares helped WallStreet’s main indexes snap two days of weakness and trade higheron Thursday, with hopes of an interest rate cut adding to theupbeat sentiment. Crude prices rose as much as 4%, a day after hittingfive-month lows, after a […]

Twitter, Inc. (NYSE:TWTR) Analyst predicts soft second quarter financial results

Twitter, Inc. (NYSE:TWTR) Analyst predicts soft second quarter financial results

Twitter, Inc. (NYSE:TWTR) Analyst predicts soft second quarter financial results Twitter, Inc. (TWTR) shares fell about 4% during Thursday’s session after MoffettNathanson analyst Michael Nathanson lowered his price target from $28.00 to $25.00 per share. The analyst cited a combination of slowing revenue growth and rising cost growth as catalysts for a weak second quarter […]

United States Oil (USO) slammed by worries about the slowing global economy

United States Oil (USO) slammed by worries about the slowing global economy

United States Oil (USO) slammed by worries about the slowing global economy Oil prices have been crushed by worries about weaker demand and a slowing global economy, but the market could begin to price in greater geopolitical risks if there are more attacks like the one on two oil tankers in the Gulf of Oman […]

Tesla, Inc. (NASDAQ:TSLA) enduring a rough patch

Tesla, Inc. (NASDAQ:TSLA) enduring a rough patch

Tesla, Inc. (NASDAQ:TSLA) enduring a rough patch At Tesla’s annual shareholders meeting on June 11th Elon Musk was as ebullient as ever. But its shares, which started the year above $300, have plunged close to $200 and its bonds recently traded at an all-time low of close to 80 cents on the dollar. Deliveries of the […]

Facebook, Inc. (NASDAQ:FB) The Future is Private

Facebook, Inc. (NASDAQ:FB) The Future is Private

Facebook, Inc. (NASDAQ:FB) The Future is Private Facebook has restricted public access to a feature that has been used to pursue war criminals, expose human rights abuses and identify corrupt officials. The social media giant — which had vowed to become more transparent about its operations — last week quietly “paused” public access to a […]

Amazon.com, Inc. (NASDAQ:AMZN) Expands With Prime Launch in UAE

Amazon.com, Inc. (NASDAQ:AMZN) Expands With Prime Launch in UAE

Amazon.com, Inc. (NASDAQ:AMZN) Expands With Prime Launch in UAE In order to strengthen presence in the Arabian Peninsula, Amazon AMZN has rolled out Prime services in the United Arab Emirates (UAE). The company expanded e-commerce operations in the UAE just a month ago by launching Amazon.ae. Amazon Prime and its customer friendly services will help the e-commerce […]

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns The superficial logic holds water. Although not facing a direct threat, the ongoing U.S.-China trade war still imposes concerns against Alibaba Group (NYSE:BABA) Naturally, this dynamic threatens Alibaba stock. Moreover, Alibaba’s flagship property Tmall has capitalized on the rise of China’s consumerism. But if […]

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade The Dow Jones Industrial Average finished lower for a second day in a row as investors digested a reading on May consumer inflation and continued to eye the U.S.-China trade fight. How did benchmarks perform? The Dow Jones Industrial Average DJIA, -0.17% ended down 43.68 […]

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments Stocks fell for a second day on Wednesday, pressured by declines in tech and bank shares, pausing a sharp rally to start off June. The Dow Jones Industrial Average dipped 43.68 points, or 0.2%, to 26,004.83 while the S&P 500 closed 0.2% lower at […]

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up Anyone who remembers the 2008 financial collapse and the subsequent federal actions likely have a bitter taste in their mouths. Rather than give the American people a break, the government decided to help out major corporations; the very ones that almost destroyed global markets. […]

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist Oil prices on Wednesday logged the lowest finish since January as U.S. crude supplies climbed a second week in a row and concerns about energy demand persisted on the back of growing U.S.-China trade tensions. “The dominant trend remains bearish as U.S. […]

Apple Inc. (NASDAQ:AAPL) Stock Moving Beyond Trade Worries

Apple Inc. (NASDAQ:AAPL) Stock Moving Beyond Trade Worries

Apple Inc. (NASDAQ:AAPL) Stock Moving Beyond Trade Worries In the past few weeks, Apple stock dipped to less than $175. If the trade war between the U.S. and China escalates further, Apple would face significant headwinds. Goldman Sachs has forecasted that Apple could show a 29% decline in EPS if China bans Apple products. Recently, […]

Top 10 Cruise Destinations

Top 10 Cruise Destinations

Top 10 Cruise Destinations Some destinations seem like they were specially designed to be a port of call. Exuberant scenery from the sea, ports conveniently located near the city centres, and a range of tourist attractions easily reachable in just one day – these are just some the factors that make a destination an excellent […]

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors Tesla’s recent strong run hit a big bump today after the company’s shareholder meeting yesterday. The stock was up nearly twenty percent in the last ten days but fell 3.61 percent a day after CEO Elon Musk gave his annual […]

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow Just as Costco (NASDAQ: COST ) enjoys high profit margins through membership fees, Amazon Prime is of strategic importance. Last year, more people signed up for Prime than any year before. The more time people spend watching videos and listening to music, the more they are likely to renew their membership […]

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum This year is almost halfway over, and bitcoin is looking back on an exciting year in the price category. It rose from the doldrums, all the way up to arguable exuberance and parabolic action. Lately, bitcoin’s price has seen a bit of ranging activity as the market looks indecisive on […]

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices Facebook stock dipped on a Wall Street Journal report that the company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices. Shares were down more than 2% following the news. […]

Angsana Lang Co Drums Up Summer Family Fun

Angsana Lang Co Drums Up Summer Family Fun

LANG CO, Vietnam (June 13, 2019) – Angsana Lang Co is pushing the boat out this summer when it comes to family fun with a new action-packed promotion. The luxury resort in central Vietnam, which is part of the expansive Laguna Lang Co integrated property, has long been well-regarded for its family friendly qualities. The […]

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment Shares were mostly lower in Asia on Wednesday and Hong Kong’s Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy. Renewed […]

British Pound: USD/GBP (GBP=X) Returning to Recent Lows

British Pound: USD/GBP (GBP=X) Returning to Recent Lows

British Pound: USD/GBP (GBP=X) Returning to Recent Lows The Pound returned toward recent lows against the Euro and Dollar going into the London close Wednesday after an opposition attempt to create law preventing a ‘no deal’ Brexit from taking place under the next Prime Minister was defeated in the House of Commons.  Shadow Brexit Secretary […]

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher The Euro-to-Dollar rate may have formed a major bottom on the charts from which it would be likely to reverse and trend higher, according to analysts at Faraday Research, who’re telling clients the down-move in the exchange rate could now be over. Euro-to-Dollar rate charts […]

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone USD/JPY is trading into a critical support zone we’ve been tracking for months now at 107.84-108.43– a region defined by the 61.8% retracement of the 2018 advance and the 2017 low-week close. A break below this key zone is needed to keep the bears in control targeting the 2013 trendline […]

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate AUD/USD is slightly lower in the Wednesday session. In North American trade, AUD/USD is trading at 0.6950, down 0.17% on the day. On the release front, Australian Westpac Consumer Sentiment declined 0.6% in June, after a gain of 0.6% in the May release. In […]

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast Local shares picked up from where they left off on Tuesday and seemed headed for another positive finish yesterday – until the old spectre of trade tensions and the Hong Kong protests hit investor sentiment. The change in mood […]

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion Gold prices are moderately higher in early morning U.S. trading Wednesday. At mid-week there is somewhat heightened trader/investor risk aversion, as evidenced by lower world stock markets today. August gold futures were last up $8.10 an ounce at $1,339.20. July Comex silver prices were last up $0.07 at $14.81 an ounce. European […]

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold Last week, gold rallied strongly into a major zone of resistance, measuring from the February peak at 1347 up to the July 2016 high at 1375. The macro-wedge has a top-side trend-line running over from 2014, with several important connecting points […]

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center Stocks dropped in Hong Kong on Wednesday as tens of thousands of people marched through the city’s financial district to protest a controversial extradition bill. The Hang Seng index ended the day 1.7% lower. Leading the sell-off were property companies like Wharf […]

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit?

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit?

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit? he AMA Group Ltd (ASX: AMA) share price has jumped to a record high this morning after the panel beating and automotive services group released a trading update. The AMA share price advanced around 3% to $1.29 at the time of writing, taking its gain to nearly […]

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals Even though shares of Facebook have fallen sharply on headlines about regulatory scrutiny, Moffett Nathanson said Tuesday the stock’s valuation is attractive given the health of its core business and potential for growth. “We believe improving underlying fundamentals offsets the risk of greater regulatory scrutiny,” Moffett Nathanson’s Michael Nathanson said in […]

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin is trading at $7,878, down 0.82% over the past 24 hours, seeing a sufficient recovery from the intraday low of $7,778. The biggest cryptocurrency […]

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock Back in September, Alibaba (NYSE: BABA ) announced a joint venture in Russia called AliExpress Russia JV. It now is a done deal. The question is how it might affect Alibaba stock. So let’s take a look at the details: The company, along with the Russia sovereign […]

United States Oil (USO) EIA cuts forecasts on prices

United States Oil (USO) EIA cuts forecasts on prices

United States Oil (USO) EIA cuts forecasts on prices The U.S. Energy Information Administration reduced its forecasts for oil prices and U.S. crude-oil production, according to its Short-term Energy Outlook report released Tuesday. The EIA forecasts 2019 U.S. crude production of 12.32 million barrels a day, down 1% from the May forecast. It also cut […]

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level”

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level”

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level” Tesla has “a decent shot at a record quarter on every level”, CEO Elon Musk has told the company’s annual shareholder meeting, soothing concerns about weak demand for the electric car maker’s sedans. Tesla’s stock rose 3.6 per cent to $US225 […]

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions U.S. stocks edged lower in late afternoon trading on Tuesday, as investors paused following a run of gains tied to optimism over easing trade tensions and the prospect of an interest rate cut by the Federal Reserve. Industrials […]

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer Alphabet Inc. investors have been sweating a potential antitrust investigation into the Google parent, but one analyst suggests that regulatory scrutiny — meaning a potential breakup of the company — could be reason to cheer. Needham’s Laura Martin said Tuesday that […]

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative The Dow Jones Industrial Average ended the day down 14.17 points at 26,048.51, erasing a gain of 185.99 points. The S&P 500 slipped less than 0.1% to 2,885.72 while the Nasdaq Composite finished just below breakeven at […]

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings Robb said on Yahoo Finance’s The First Trade that the Amazon deal for Whole Foods was a game-changer. “The deal heralded as a proxy that integrated retailing is the future,” Robb said. “The customer is now in charge of what choices they make — they aren’t […]

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming If you took good advice and have just held Apple (NASDAQ:AAPL) stock, say for five years, your patience has been rewarded. AAPL stock has more than doubled the gain in the S&P average, rising 109%, and delivered a […]

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats China stocks led Asian markets higher Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from that country. Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 […]

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally USD/JPY reinstated its southerly trajectory on Tuesday following a run to the upside that occurred in Asia with follow through in European markets. The pair was capped at 108.80 and resumed back to the top of the hourly cloud and support, albeit, currently trading below short […]

Singapore: STI Index (.STI) risk-on sentiment alive

Singapore: STI Index (.STI) risk-on sentiment alive

Singapore: STI Index (.STI) risk-on sentiment alive Shares in mainland China surged on Tuesday, as a signal of an infrastructure boost from Beijing outweighed comments from U.S. President Donald Trump on the ongoing trade war between the two economic powerhouses. The Shanghai composite rose 2.58% to close at about 2,925.72 and the Shenzhen component jumped […]

Shanghai: SSE Composite Index (.SSEC) markets celebrate

Shanghai: SSE Composite Index (.SSEC) markets celebrate

Shanghai: SSE Composite Index (.SSEC) markets celebrate Despite Trump’s warning, Chinese indexes jumped on June 11 on the expectation of an infrastructure boost. After rising 1.1% on June 10, the benchmark Shanghai Composite Index rose 2.58% to 2,925.72 on June 11. The tech-focused Shenzhen Component Index outperformed the Shanghai Composite Index, gaining 3.74%. The CSI […]

Silver 1 OZ 999 NY (XAG=X) price tries to recover

Silver 1 OZ 999 NY (XAG=X) price tries to recover

Silver 1 OZ 999 NY (XAG=X) price tries to recover Silver markets gapped initially during the trading session on Tuesday, but then pulled back to fill that gap to find signs of support. By forming a tiny hammer, this suggests that we are going to try to recover the massive bearish candle from the Monday session, […]

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations Gold prices remain under pressure as producer inflation pressures rise in line with expectations. Tuesday the U.S. Labor Department said its Producer Price Index (PPI) rose 0.1% in May, following April’s increase of 0.2%; the data were in […]

Euro: USD/EUR (EUR=X) upside fairly limited

Euro: USD/EUR (EUR=X) upside fairly limited

Euro: USD/EUR (EUR=X) upside fairly limited The Euro to US Dollar exchange rate struggled to find direction during Tuesday’s session amid side-ways price action with the single currency last seen trading at $1.13210, up marginally. Data-wise, Tuesday saw the latest Sentix Investor Confidence (Euro zone) fall sharply, printing in pessimistic territory at -3.3, in contrast […]

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding After months of scrimping on public spending, the Pakatan Harapan (PH) government is showing signs of easing its purse strings and reviving large state projects as investors return to Malaysia. Bloomberg reported today that foreign investors have been coming back, adding that the turnaround would be a boost to […]

Australian Dollar: USD/AUD (AUD=X) holds key resistance

Australian Dollar: USD/AUD (AUD=X) holds key resistance

Australian Dollar: USD/AUD (AUD=X) holds key resistance On the long-side of the US Dollar, AUDUSD may retain some interest. I had looked at the pair in this week’s FX Setups as one of the more attractive backdrops for a return of USD strength, and the resistance zone investigated has thus far held the highs fairly well. Current […]

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data Pound Sterling was seen staging a recovery against the Euro and U.S. Dollar in mid-morning trade on Tuesday, June 11 after UK labour market data showed wages continue to rise. According to ONS data, average earnings, with bonuses included, grew 3.1% in April, which […]

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) planning to raise $20 billion from a secondary stock offering in Hong Kong Alibaba’s $25 billion debut on the New York Stock Exchange in 2014 was, at the time, the largest-ever initial public offering in the U.S. Now that the company is said to be planning to raise $20 billion from a […]

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality Broadcom Inc. AVGO, +1.94% disclosed Monday afternoon that it has landed a two-year deal with Apple Inc. AAPL, +0.95% to provide some components, sending shares higher in after-hours trading. In a […]

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision Oil futures finished lower on Monday as investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision on whether to extend production curbs beyond their expiration this month. Prices fell closer to the session’s lows […]

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones Facebook (NASDAQ: FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones, according to Reuters. The decision comes after several other companies — including Intel , Qualcomm , and ARM Holdings — cut ties with […]

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone Recently, bitcoin price traded to a new weekly swing low close to $7,500 against the US Dollar. The BTC/USD pair found support near $7,500 and recently started a decent upward move. It broke the $7,600 and $7,700 resistance levels to start […]

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu HANOI (June 11, 2019) — Le Beaulieu, the upscale French restaurant at Sofitel Legend Metropole Hanoi, has launched a new à la carte lunch menu and a special five-course degustation dinner menu under executive sous chef Raphael Kinimo. The […]

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser Google pays Apple billions of dollars to be the default search engine in the Safari browser on iPhones and Mac computers. A deal like that doesn’t come together overnight, and a new interview with Apple’s former general counsel Bruce Sewell […]

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility Wall Street investors are enjoying a multiday rally, with the Dow Jones Industrial Average poised for a six-session advance, but strategists at Citigroup say looming trade tensions still make a bear market a possibility if the Trump administration’s tariff disputes aren’t resolved […]