Archive

Alphabet’s Waymo Strikes Deal with Avis Budget Group

  On the basis of a report issued by Goldman Sachs on tech stocks, and a rating downgrade by Canaccord Genuity, on June 20th, we had issued a report forecasting a downtrend in the stock of Alphabet (NASDAQ: GOOG), which

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Narrowed Trade Surplus Turns New Zealand Dollar Weak

  A combination of dovish rate hike and struggle by Trump to deliver the election promises such as corporate tax cut and increased spending on infrastructure has kept the Greenback weak for the past one month. In fact, all the

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JnJ Completes Acquisition of Actelion

  On April 25th, we had forecasted an uptrend in the stock of consumer, pharmaceutical, and medical device manufacturer Johnson & Johnson (NYSE: JNJ), and informed our intention to take a long position in the form of a call option.

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Morgan Stanley sees Microsoft Overtaking Amazon in Cloud

  On the basis of impressive fiscal 2017 third-quarter results reported by Microsoft Corp (NASDAQ: MSFT), on May 9th, we had stated our interest to purchase a call option valid for a period of one week. The stock of the

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Alphabet Downgraded on Concern Over Earnings Growth

  The stock of Alphabet (NASDAQ: GOOG), the parent company of internet search engine giant Google, declined last Thursday, after analysts downgraded the stock to a “hold” rating, from a “buy” rating issued earlier. It can be remembered that a

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Amazon to Acquire Whole Foods for $13.7 Billion

  The stock of e-commerce giant Amazon Inc (NASDAQ: AMZN) opened with a positive gap on Friday and gained $23.54 to close at $987.71. The main reason for the uptrend is the announcement of the $13.7 billion acquisition of Whole

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Upbeat Inflation Data Keeps Euro Bullish

  In our analysis report published on May 15th, we had informed our interest to take a long position in the EURUSD pair near 1.0900, with a target of 1.1040 or higher. Additionally, we had expressed our intention to invest

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UBS Signals Reversal on Attractive Valuations

  Last month, Switzerland’s largest lender UBS AG (NYSE: UBS) was hitting the headlines for the wrong reasons. In the first-half of May, the stock tumbled after GIC Private, the Singapore-based Sovereign Wealth Fund, trimmed its stake in the bank,

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Yen Turns Weak on Poor BSI Manufacturing Index Data

  On May 31st, we had forecasted a weakness in the Pound and also mentioned our interest to go short in the GBPJPY pair at 142.20 levels, with a target of 140.10. Additionally, we had expressed our intention to invest

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Dell’s 1Q18 Operating Loss Widens 979%

  Last Thursday, computer manufacturer Dell Technologies Inc. (NYSE: DVMT) reported a fiscal 2018 first-quarter net loss that widened from the year-ago. Notably, the quarterly operating loss widened by a whopping 979% on y-o-y basis. The market did not waste

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