Squarespace Inc. (SQSP) recently saw a surge in its stock price after announcing an increase in guidance for 2024. However, from a technical standpoint, the real significance lies in the completion of a “big base breakout” pattern. This pattern suggests the potential for significant gains in the upcoming months. Looking at the weekly chart, we
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The U.S. dollar has been experiencing some volatility in recent trading sessions, as investors eagerly await the release of next week’s U.S. inflation data. The Dollar Index, which measures the greenback against a basket of six other major currencies, was seen trading 0.2% higher at 105.605. This comes after the dollar hit a one-month low
United Airlines Holdings Inc. and American Airlines Group Inc. have finally come to an agreement regarding the $8.5 billion revamp of Chicago’s O’Hare International Airport. However, this agreement comes after months of disputes over escalating costs for the project. Although the parties involved have stated that they have found a solution to prevent further delays
Recent trends in the housing market have shown a significant increase in mortgage rates compared to the beginning of the year. However, there was a slight pullback in rates last week after a continuous period of rising rates. This adjustment sparked new interest in refinancing among homeowners. The average contract interest rate for 30-year fixed-rate
The recent comments from Federal Reserve officials have sparked a wave of speculation in the market regarding U.S. interest rate cuts. This has led to a weakening of most Asian currencies, while the dollar has strengthened. The Japanese yen, in particular, has been struggling to maintain its value against the dollar, despite warnings from government
The recent fall in Bitcoin prices highlights the impact of regulatory scrutiny on the cryptocurrency market. Despite a brief rebound over the weekend, Bitcoin prices dropped as concerns over increased regulation intensified. Traders remained cautious about entering the market, leading to a 1.5% dip in Bitcoin’s price to $62,523.2. This volatility underscores the vulnerability of
As property values continue to soar, more Americans are finding themselves facing capital gains taxes on profits from the sale of their homes. According to a recent report from real estate data firm CoreLogic, nearly 8% of U.S. home sales in 2023 yielded profits exceeding $500,000, a significant increase from the 3% reported in 2019.
AC Milan, the iconic Italian football team, and TG.Casino, a cryptocurrency casino platform, have recently announced a new partnership. This collaboration is set to bring unique opportunities for both parties and their respective followers. The official press release on the acmilan.com website highlighted the excitement surrounding the partnership between AC Milan and TG.Casino. This alliance
Apple’s stock surged following Tim Cook’s announcement of the largest stock buyback in stock market history. However, this surge may not be sustainable in the long run, as there are underlying issues with Apple’s revenue and sales that need to be addressed. Revenue Decline Apple’s revenue dipped by 4% year-over-year, with iPhone revenue down by
The Federal Reserve has been facing high inflation rates and has expressed hesitation to make any immediate interest rate cuts. Analysts are now anticipating that interest rates will remain at a range between 5.25% and 5.50% until September. There is a growing concern that there may not be any rate cuts for the rest of