Forex Trade Time

Apple, PepsiCo, JetBlue fall premarket; Amazon, GM and UPS rise :

  U.S. futures edged higher Tuesday, amid cautious trading on a week dominated by Big Tech earnings. Here are some of the biggest premarket U.S. stock movers today: Apple (NASDAQ:AAPL) stock fell 0.2% after the company’s iPhone sales in China plummeted by 19% during the March quarter, according to data from Counterpoint Research, marking the device’s poorest performance in the […]

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Short sellers pocket record weekly profit from Big Tech selloff :

#Traders who bet against the “#Magnificent 7” group of big #usatechstocks booked their biggest-ever weekly #profit of more than $10 #billion last week, with the biggest gains coming from their short position in shares of #Nvidia (NASDAQ:#NVDA) and Tesla (NASDAQ:#TSLA), Ortex data showed. The chip designer shed almost 14% last week to clock its worst

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Dollar

Dollar hits new 34-year peak against yen on higher US rate outlook :

The #usadollar hit a fresh 34-year high against the yen in subdued trade on Monday, with #market participants taking their cue from the #FederalReserve’s higher-for-longer interest rate stance, even as they remained alert to any signs of intervention by Japanese authorities to prop up the struggling #yen. The #dollar hit a fresh 34-year high of

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