Forex market review as of 10/23/2023
Hello. Below are several recommendations for trading on the Forex market on 10/23/2023 EURUSD On the EURUSD pair, last week turned out to be as boring as possible
Missing Earnings of the Week: Nokia Profit Plunges Nearly 70% Amid Higher Interest Rates
Takeaways Nokia completed a difficult quarter in which profits fell almost 70% as customers signed up for fewer subscriptions. Nokia's revenue fell by 20% % compared to last
North American SLB sales fall for second straight quarter, shares fall
Takeaways SLB& North American revenues fell for a second consecutive quarter and overall sales exceeded forecasts. International revenues increased 6% from the second quarter and 12% year-over-year .
Region's financial stocks fall as results miss estimates and are crushed by high interest rates
Takeaways Regions Financial Services missed estimates for profits, sales and interest income as high interest rates weighed on the bank's finances. Regions said their total deposits fell nearly
American Express increases provisions for delinquent customers and shares fall
Takeaways American Express increased its provisions for credit card defaults and its shares fell. The company posted record third-quarter revenue and earnings per share, cardholders having spent more
SolarEdge cuts forecast as European demand slows and stocks plunge
Key takeaways SolarEdge Technologies warned that its third quarter results would be well below previous forecasts due to a sharp decline in its European business. The solar energy
Rising prices helped Union Pacific beat profit estimates
Key takeaways Union Pacific's third-quarter profit beat estimates as the railroad raised prices. Revenue fell as the company got less from fuel surcharges and is reducing volumes. CEO
Tesla Stock Falls on Profit Shortfall; Musk says price cuts are ineffective due to high rates
Key Takeaways Tesla shares fell more than 9% Thursday afternoon after the electric car maker's lackluster third-quarter earnings report. CEO Elon Musk said the rise interest rates canceled
Analytics of the Forex currency market as of October 20, 2023
Hello. Below are several recommendations for trading on the Forex market on 10/20/2023 GBPUSD A Doji pattern was formed on the GBPUSD pair. The week turned out to
OEM Parts Stocks Fall in Aftermarket Estimates as U.S. Auto Unit Underperforms
Key takeaways Revenue at Genuine Parts missed results as its U.S. auto parts group underperformed, sending its shares tumbling. Same-store sales in third quarter changed little from last