Markets

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisButerin: the Ethereum platform is strongThe ETH joined the Japanese crypto indexThe ETH could grow in price on the coronavirus news but alasOn W1, the Ethereum price does not demonstrate any serious changes in market moods yet. The growth that we can see does not show any signs of a reversal and thus is interpreted as a pullback before another decline. The nearest important goal of the decline is the psychologically...

The ongoing epidemic is still doing a strong and deep dive throughout the world’s financial markets. Generally, the coronavirus has caused stocks in Asia to plunge as panic continues to spread around the continent and even to the rest of the world.Coronavirus Crashes Asia StocksSeveral markets across the continent are having a bad time of the event. The Hang Seng index, which covers the largest companies in Hong Kong, closed at 26,499.13 after losing 2.62%.Most of the hardest-hit stocks all...

Apple TV+ and Apple Watches have been in the news for a bit now and while it might seem like they are the reason behind the boost in Apple’s Q1 earnings this year, there is another quiet star that isn’t even on the market yet is actually behind all the hype.On Wednesday morning, shares in the trading market rose following an announcement from the largest U.S-based mobile phone manufacturer regarding their earnings in December’s first quarter which to the surprise of everyone was substantially...

World Markets is an award-winning firm that offers global investment opportunities. Founded in 2003 as a precious metal dealer, this company has gained a reputation as a leader in the Bullion (Gold/Silver) investment industry and has since expanded its services to provide digital trading services from digital Gold, STOs and now to AI Managed Trading Accounts. With World Markets, both institutional investors such as private banks, funds, and HNW investors; and retail investors, can take...

After several years of failing to meet the excessively optimistic forecasts, Tesla Inc. delivered in 2019. The company continued its profitability streak in Q4. It earned around $105 million and generated $7.4 billion in revenue. That represents 56 cents a diluted share, compared with $140 million, or 78 cents a share, in the same year-ago period. These results beat expectations and sent shares flying in after-market trading on January 29.Most of the promises that the Chief Executive Elon...

Shell stock has dropped quite significantly for 2019, disappointing the company’s teeming investors. The company released the figures earlier today, explaining several reasons for the sad drop in its net profit. The Royal Dutch Shell company believes that several challenges revolving around macroeconomic instability and a drop in the value of oil and gas.Shell Stock Figures for 2019Shell says its profit calculated using the current cost of supplies (CCS), which is data calculated like general...

Facebook recently released its fourth-quarter earnings with interesting figures. The general report shows that on the plus side, the social media giant is doing better than expected. Facebook surpassed the majority of Wall Street estimates for the company. On the other hand, the report shows that the level of growth needs work and seems to be slowing down considerably.Facebook Fourth Quarter HighlightsFacebook’s figures show that the company now sees 2.5 active monthly users. This is a 2%...

Leading cryptocurrency exchange Coinbase has launched Coinbase Custody International Inc. to go ‘international’, as it aims to deliver better quality localized services across Europe and subsequently to other parts of the world.Coinbase CustodyThe company released an official statement via its blog early this morning announcing its new move to launch Coinbase Custody International Inc. which has been in incubation since last year following the company’s acquisition of an e-license to operate...

The U.S. based cryptocurrency exchange Coinbase has hired a former Google executive as a new Chief Product Officer (CPO). After over a month since the previous CPO left the company, the popular exchange has replaced him with Surojit Chatterjee.Coinbase Hires A New CPOIn December last year, Jeremy Henrickson left his position at the company as the Chief Product Officer. Coinbase announced yesterday that they are filling the vacant spot with the former vice president of product at Google...

EOS price gained pace and traded above the $3.880 and $4.000 resistance levels against the US Dollar.The price traded as high as $4.148 and recently corrected lower.There is a key bullish flag forming with resistance near $4.075 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to resume its upward move once it clears the $4.10 and $4.150 resistance levels.EOS price is trading in a nice uptrend above the $3.850 support against the US Dollar, similar to...