Canada’s economy grew at an annual rate of 2.2% in Q1. USD/CAD trades marginally lower on the day below 1.3800. Canada’s real Gross Domestic Product (GDP) grew by 0.5% on a quarterly basis in the first quarter, Statistics Canada reported on Friday. This reading matched the 0.5% expansion recorded in the last quarter of 2024. … Read more
Elliott Wave Forecast suggests ITC remains in a bullish cycle with further upside ahead as long as key levels hold. ITC Ltd (NSE: ITC) shows a powerful long-term bullish trend based on Elliott Wave analysis. The stock has followed a textbook impulse sequence since the 1990s. The wave count reveals a clear five-wave structure, suggesting … Read more
GBP/USD Forecast: Pound Sterling sets trading range before next breakout GBP/USD managed to rebound from the multi-day low it set early Thursday and ended the day with small gains. The pair struggles to gather directional momentum early Friday and trades in a narrow band below 1.3500. The US Dollar (USD) failed to preserve its strength … Read more
Alphabet share price is trading near $172.2 in Friday’s premarket session, edging up from Thursday’s close of $171.8. This follows a turbulent two-day stretch in which price action was shaped by both bearish technical patterns and market reactions to the Fed’s latest tone on inflation and interest rates. Alphabet stock holds firm above $170.6 key … Read more
Shoe Carnival came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 25.93%. A quarter ago, it was expected that this … Read more
The S&P 500 failed to extend advance – are bears taking over again? Thursday’s session brought little change to the broader stock market, despite earlier optimism driven by Nvidia’s earnings and a tariff-related ruling from the U.S. Court of International Trade. The S&P 500 closed 0.40% higher after a volatile session. This morning, markets are … Read more