What Important Measures Indicate About CME’s (CME) Q3 Earnings

For the quarter ending in September 2023, CME Group (CME) recorded $1.34 billion in revenue, a 9% rise year over year. The same period’s EPS of $2.25 is in comparison to $1.98 from a year earlier. The reported revenue is +0.01% unexpected when compared to the Zacks Consensus Estimate of $1.34 billion. With a consensus … Read more

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US Requests Gulf States’ Assistance in Stopping Hamas Fundraising

During an emergency meeting of the Terrorist Financing Targeting Centre (TFTC) this week, the United States urged its Middle Eastern allies to step up efforts to sever foreign funding for Hamas, the group responsible for the October 7 attack on Israeli citizens. The TFTC’s member nations, which include 2.3 million Palestinians living under constant Israeli … Read more

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Video Forecast: USD/JPY for October 26, 23

On Wednesday, the US dollar made an extremely modest retreat early, and there is still a lot of volatility around the ¥150 mark. The market is probably going to search for support at the ¥152 level if we can break above the ¥150 level, which has been a significant region for a while. The market … Read more

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Treasury rates climb and the US currency strengthens as risk appetite wanes.

The weak corporate results that prompted concerns about the state of the economy and the increase in Treasury rates on Wednesday caused investors’ desire for riskier currencies to wane, which in turn caused the U.S. dollar to appreciate versus a basket of currencies. As a result of Alphabet’s cloud division missing revenue projections and other … Read more

US Stocks: S&P 500 and Nasdaq decline while Alphabet falls

The tech giant Alphabet fell on Wednesday as its cloud business failed to meet sales projections, which caused the Nasdaq and S&P 500 to decline. However, the Dow was boosted by rises in Microsoft and Boeing following their earnings releases. Google parent Alphabet saw its cloud business expand at its slowest rate in at least … Read more

Nasdaq Futures Drop 1% as Markets Close on Poor Earnings

In US pre-market trading, Meta Inc. fell 4% after declaring that the economy is unpredictable. Due to weak cloud data, Alphabet Inc., the parent company of Google, saw a 2.3% decline on Wednesday. After the bell, Amazon.com Inc. releases its earnings, and it fell 1.5%. Other markets were also affected by the pessimistic sentiment, with … Read more

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The Markets Wrap Up the Post-Earnings Meta Rally Failed to Support QQQ

Stocks fell on Wednesday as Wall Street struggled with a slew of corporate earnings and increased volatility in the Treasury market, all while traders kept a watch on the most recent geopolitical events. The S&P 500 saw a 1.5% decline. The Nasdaq 100 fell 2.5 percent after Microsoft Corp.’s sales were eclipsed by Google’s parent … Read more

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