Category: Adam Vettese

forex and crypto market analysis
October 27, 2020 BY Steffy Bogdanova

Daily Market News: Stocks sell off sharply to start the week

What to watch Microsoft: Microsoft’s share price has gained 33% this year, with the $1.6trn market cap giant helping propel the broader market higher. As with many of the other major tech names, its momentum has stalled of late, with the firm’s share price only advancing 3.1% in the past three months. The company’s cloud…

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forex and crypto market analysis
October 26, 2020 BY Steffy Bogdanova

Daily Market News: Surging coronavirus cases sink US stock futures

What to watch Twilio: Cloud-based platform firm Twilio, which allows software developers to embed voice, messaging, video and other communication services into applications, has seen its share price surge more than 200% in 2020. The shift to a virtual world due to the pandemic has clear benefits for the firm, and earlier this month multiple…

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forex and crypto market analysis
October 16, 2020 BY Steffy Bogdanova

Daily Market News: Third straight day of losses for US stocks

What to watch BNY Mellon: Continuing the run of earnings reports this week from major US banks, Bank of New York Mellon delivers its own quarterly earnings update on Friday. The company is down 26% year-to-date, behind the broader financial sector’s 18.9% drop but ahead of the 34.5% loss suffered by banks specifically. In recent…

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forex and crypto market analysis
October 15, 2020 BY Steffy Bogdanova

Daily Market News: Goldman Sachs at its most profitable in a decade

What to watch Intuitive Surgical: Medical robotics firm Intuitive Surgical’s stock has gained 27% this year, despite Covid-19 disrupting large numbers of medical procedures. The company delivers its latest quarterly earnings update today, where the volume of procedures amid a resurgence in Covid-19 case numbers in several states across the US. Investors will also be…

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