Tag: cryptocurrency

forex and crypto market analysis
July 20, 2020 BY Steffy Bogdanova

Daily Market News: Netflix stock sinks as pandemic boost slows

What to watch Cadence Design Systems: CDS, a $28bn market cap electronics design and engineering services business, has enjoyed a share price gain of 44.5% in 2020 so far. During Q2, the firm announced a collaboration with Taiwan Semiconductor and Microsoft, in order to use cloud technology to reduce the signoff schedules for new semiconductor…

Read more
forex and crypto market analysis
July 15, 2020 BY Valentina Kirilova

Daily Market News: Vaccine hopes spur markets on

Ocado UK sales grow 27% on back of pandemic The FTSE 100 was close to flat yesterday, while the FTSE 250 sank back 1.2% with its year-to-date loss now well past 20% again. In earnings news, online grocer Ocado reported earnings for the six months ended May 31. The firm delivered a pretax loss of…

Read more
forex and crypto market analysis
July 07, 2020 BY Valentina Kirilova

Daily Market News: Stocks pull back after Monday surge, Uber shells out $2.7bn for rival food delivery service

What to watch Paychex: Human resource and payroll outsourcing firm Paychex reports its latest quarterly earnings today. The $28bn market cap firm’s share price is down 8.6% year-to-date, after a 30% surge over the past three months. Analysts are expecting an earnings-per-share figure of $0.60, and overwhelmingly favour a hold rating on the stock. How…

Read more