Tencent stock has reversed in 2024
Tencent’s stock has reversed course, fueled by an impressive 54% surge in Q1 2024 adjusted net income.
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If people cared about the environment as much as U.S. debt, we might have hit net zero emissions by now. But why think about the planet when it’s easier to predict the collapse of the world’s biggest economy? Every week or so, someone expresses deep concern about rising U.S. debt. Recently, Robert Kiyosaki, then Elon…
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EUR/USD Weekly Outlook – ActionForex
EUR/USD dived to as low as 1.1529 last week but recovered after breaching 1.1576 support briefly. Initial bias remains neutral first and further decline is in favor as long as 1.1740 support turned resistance holds. On the downside, below 1.1529 will target 38.2% retracement of 1.0176 to 1.2081 at 1.1353 next. In the bigger picture,…
USDCAD Extends Downward Retracements
USDCAD has continued to slightly retrace lower price levels despite the improved sentiment of the US dollar. This seems to have emanated from the improved inflation figures in Canada as well as the rising investment in the country’s AI sector. This combination has strengthened the Canadian dollar against the US dollar. Let’s further carefully analyze…
