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The S&P 500 climbed Wednesday to a fresh record, breaking above 5,600 for the first time, as a sharp rise in semiconductor shares led the industry higher. The broad industry index jumped 1.02%, closing at 5,633.91, and notching a seventh straight day of gains. The Nasdaq Composite advanced 1.18%, also hitting an all-time high and … Read more
The dollar index has been drawing a lot of attention but here’s why you should keep it’s movements in perspective when it comes to forex trading. #DXY #dollar #forextrading “Trade your Edge” is our pledge to you. It’s a promise that we’ll continue to give you the best possible tools and support, so you can … Read more
The U.K. was once home to the developed world’s worst inflation. Now, it’s within striking distance of the central money institution’s 2% target. The Consumer Prices Index rose by 2.3% in the 12 months through April — the smallest gain since the summer of 2021.That is down from the 3.2% in March, a plunge driven … Read more
Monday saw Apple Inc. (NASDAQ:AAPL) maintain its Outperform rating and a solid $220.00 stock price target from Evercore ISI, following a notable increase in App Store revenue expansion. The tech giant’s digital storefront saw a 12% revenue uptick in May, surpassing April’s 9% expansion rate. This acceleration occurred despite new regulatory changes from the EU’s … Read more
Nvidia’s standout first-quarter results now has the chipmaker worth more than all listed German companies put together. According to data from FactSet, companies with primary listings in Germany have an aggregate value of EUR2.315 trillion, or $2.51 trillion, as of Wednesday. Nvidia’s (NVDA) gains in early trading put its valuation at $2.6 trillion. At Axi, … Read more
uncertainty in trading or investing is the probability of losing part or all of your initial funding. On the other side is the potential reward, the profit you could make. In general, we say that the greater the uncertainty, the greater the potential reward or return on funding. However, traders and investors are always looking … Read more
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that have fueled recent gains in equities are justified. Investors’ resurgent appetite for equities has driven the S&P 500 (.SPX), opens new tab back near record highs. Meanwhile, eye-popping rallies … Read more
In the ever-evolving landscape of trading, having the right tools at your disposal can make all the difference between success and stagnation. In this captivating video, David will unveil his top three trading tools that have consistently supercharged my trading endeavors. From cutting-edge technical indicators to intuitive platforms, each tool is meticulously selected to empower … Read more
Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive development. Nvidia shares rose about 10% in extended trading. At Axi, our mission is to help people like you “Trade Your Edge”. … Read more