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Amazon shares gain for a second session in a row on Monday, company plays a major role in Wi-Fi speaker market, Strategy Analytics says

June 20, 2017 7:57 am
A report by Strategy Analytics showed that sales of Wi-Fi-based wireless speakers had grown 62% in 2016, while Amazon.com Inc (AMZN) had contributed to 77% of total shipments. Amazon shares closed higher for a second consecutive trading session on Monday. The stock went up 0.76% ($7.46) to $995.17, after touching an intraday high of $1,003.66, […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (June 20th 2017)

June 20, 2017 6:02 am
USD/CHF R1 – 0.9763 R2 – 0.9769 R3 (Range Resistance – Sell) – 0.9775 R4 (Long Breakout) – 0.9793 R5 (Breakout Target 1) – 0.9814 R6 (Breakout Target 2) – 0.9822 S1 – 0.9751 S2 – 0.9745 S3 (Range Support – Buy) – 0.9739 S4 (Short Breakout) – 0.9721 S5 (Breakout Target 1) – 0.9700 […] Read more

General Motors shares retreat the most in three weeks on Friday, a manufacturing facility to be opened in Arlington, over 850 jobs to be added

June 19, 2017 7:36 am
According to a June 16th statement by General Motors Company (GM), a manufacturing facility for suppliers is to be opened at the company’s assembly plant in Arlington, Texas. As a result, over 850 new job positions are expected to be created. General Motors shares closed lower for a second consecutive trading session on Friday. It […] Read more

Commodity Market: Pivot Levels for Monday (June 19th 2017)

June 19, 2017 5:45 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.678 R2 – $16.694 R3 (Range Resistance – Sell) – $16.711 R4 (Long Breakout) – $16.760 R5 (Breakout Target 1) – $16.818 R6 (Breakout Target 2) – $16.841 S1 – $16.645 S2 – $16.628 S3 (Range Support – Buy) – $16.612 S4 (Short Breakout) – […] Read more

Twitter shares close higher on Thursday, company changes design across its products

June 16, 2017 8:58 am
Twitter Inc (TWTR) has reportedly introduced changes to design of its products, as the company aims at speed and simplicity. Changes are to affect Twitter.com, TweetDeck, Twitter Lite as well as the companys applications for iOS/Android during the “coming days and weeks.” Twitter shares closed higher for a third time in the past ten trading […] Read more

Major Currency Pairs: Pivot Levels for Friday (June 16th 2017)

June 16, 2017 5:51 am
USD/CHF R1 – 0.9759 R2 – 0.9765 R3 (Range Resistance – Sell) – 0.9772 R4 (Long Breakout) – 0.9790 R5 (Breakout Target 1) – 0.9812 R6 (Breakout Target 2) – 0.9821 S1 – 0.9747 S2 – 0.9741 S3 (Range Support – Buy) – 0.9734 S4 (Short Breakout) – 0.9716 S5 (Breakout Target 1) – 0.9694 […] Read more

Bank of America shares inch down on Wednesday, holding reportedly laying off employees in its operations and technology unit

June 15, 2017 7:18 am
Bank of America Corporation (BAC) has reportedly initiated layoffs in its operations and technology division, as the holding continues with its cost-cutting plan aimed at achieving CEO Brian Moynihans financial objectives. Many of the job cuts within the unit came from the banks Charlotte, N.C., headquarters, according to a spokesperson, who, however, did not provide […] Read more