Author: Anthony M. Orbison

The retail sector represents a wide array of companies selling goods directly to consumers through various channels. This includes traditional brick-and-mortar stores, e-commerce platforms, and omnichannel retailers. Retail stocks offer investors a chance to own shares in these companies on the stock market. The sector is diverse, covering everything from grocery stores to luxury brands. Retail stocks often reflect consumer spending habits and broader economic trends. Investing in retail stocks can offer several potential benefits in the stock market. Many established retailers pay dividends, appealing to income-focused investors. The sector can provide exposure to consumer trends and economic cycles. Some…

How Does Forex Trading Work? An In-Depth Explanation Forex trading, also known as Foreign Exchange trading or FX trading, is the trading of currencies in the global foreign exchange market. It is the largest and most liquid financial market in the world, with a daily trading volume of over $6 trillion. In this article, we will provide an in-depth explanation of how forex trading works, its mechanics, and the key players involved. What is Forex Trading? Forex trading involves the buying and selling of currencies on the foreign exchange market. The market is decentralized, meaning that it is not controlled…

Today, history was made as President Donald Trump became the first US president to make a Bitcoin payment.WATCH: 🇺🇸 DONALD TRUMP MAKES FIRST #BITCOIN TRANSACTION AT NYC BAR pic.twitter.com/rAjae6agH1— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 The former President showed up to PubKey, a Bitcoin-themed bar located in the heart of Greenwich Village, New York City, to purchase some cheeseburgers (on National Cheeseburger Day) at the establishment, which was packed with Bitcoin enthusiasts there to welcome him.“I think it’s a great place,” Trump said to Bitcoin Magazine about PubKey, before urging the types of Bitcoin enthusiasts who frequent the bar to…

LONDON (Reuters) — Hedge funds bought US tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on Monday, spurred by the Federal Reserve’s anticipated 50-basis point rate cut.Falling rates are expected to rejuvenate industrial spending, making it easier for companies to borrow money at lower costs and for consumers to buy tech products, all of which might benefit the stock prices of these companies.Hedge funds placed almost three times as many long positions on the bet that information technology stocks would rise, compared to…

Tesla shares nudged higher in early Monday trading, extending a solid September gain, after a top Wall Street analyst revisited his rating an price target on the group ahead of two key events over the coming weeks.Tesla  (TSLA) , which will publish its third quarter delivery figures next week, and has fallen around 9.5% since delaying its robotaxi unveiling, originally slated for early August, around ten weeks ago. CEO Elon Musk said the delay was needed in order to “make some important changes that I think would improve the vehicle.” Musk added that he would be “shocked” if the first unsupervised rides couldn’t…

Forex Outlook: USD/JPY Eyes Breakout Above 110.00 The US dollar (USD) and the Japanese yen (JPY) have been in a tight range over the past few weeks, with the USD/JPY currency pair hovering around the 109.00-109.50 region. However, recent price action suggests that a breakout above the 110.00 mark could be imminent, presenting a significant opportunity for traders to take long positions in the pair. Technicals Suggest Breakout Potential On the technical front, the USD/JPY pair has been trading within a well-defined range since early September. The pair has been capped at the 109.50 level, while support comes in at…

Germany’s two of the largest five banks, Commerzbank and DZ Bank, are launching Bitcoin and crypto trading services amid growing institutional demand.JUST IN: 🇩🇪 $500 billion Commerzbank to offer #Bitcoin and crypto trading. pic.twitter.com/KrOCOx5N9P— Bitcoin Magazine (@BitcoinMagazine) September 19, 2024 Commerzbank, the country’s second-biggest bank by number of branches, signed a deal with Deutsche Boerse’s subsidiary Crypto Finance to provide trading access for corporate clients. DZ Bank, the nation’s number two lender, is enabling its 700 cooperative banks to offer Bitcoin and crypto trading via a tie-up with the Boerse Stuttgart exchange.The moves come just weeks after Zurich Cantonal Bank…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Swedish private equity group EQT plans to sell a minority stake in the €15bn valued software group IFS, as buyout investors search for creative ways to return cash to their backers, say people familiar with the matter. Founded in 1983, IFS was delisted by EQT, one of the world’s largest buyout groups, from the Stockholm stock exchange in 2016. Since then, it has grown by providing software to large businesses including via acquisitions.While private equity firms typically seek to offload assets after…

In the dynamic world of semiconductor and telecommunications, Qualcomm (NASDAQ:) Inc. stands as a pivotal player, particularly noted for its wireless telecommunications products and services. With its roots deeply embedded in the technology that powers our smartphones and a myriad of other devices, Qualcomm’s market presence is both significant and subject to intense scrutiny from industry analysts. Company Profile and Market PositionQualcomm’s current relevance in the market is not just a result of its technological prowess but also due to strategic partnerships. Notably, its exclusivity agreement with Microsoft (NASDAQ:) for Arm-based Windows PCs, set to expire in 2024, underscores its…

The Ultimate Guide to Trading for Beginners Trading has become increasingly popular in recent years, with more individuals seeking to diversify their investment portfolios and potentially generate higher returns. However, trading can be a complex and overwhelming field, especially for those new to it. This article aims to provide an ultimate guide for beginners, covering the essential concepts, strategies, and best practices to help you get started. Understanding Trading Trading involves buying and selling financial instruments such as stocks, options, futures, currencies, or cryptocurrencies at varying prices in the hope of making a profit. It’s important to recognize that trading…