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AUD/USD Current Price: 0.6964 * The Australian NAB's Business Confidence improved to -20 in May from -45 in April. * Australia will publish the June Westpac Consumer Confidence, previously at 16.4%. * AUD/USD is correcting lower but neutral in the short-term.The AUD/USD pair put a halt to its bullish run this Tuesday, ending the day in the red in the 0.6960 price zone. The pair bottomed at 0.6898 during the European session, weighed by the sour tone of equities, later bouncing on the back of the broad dollar's weakness. Australian data released at the beginning of the day was mixed, as the NAB's Business Confidence improved to -20 in May from -45 in April. The NAB's Business Conditions for the same period came in at -24 from -34, missing expectations of -16. On a positive note, the ANZ Job Advertisements improved to 0.5% in May from -53.4% in April.Early on Wednesday,...
Other car companies besides Tesla are hopping on the electric car band wagon, with companies like Nikola and GM developing electric vehicles. Yahoo Finance’s Rick Newman joins The Final Round panel to break down when he anticipates the automotive industry to make a hard shift to electric vehicles. ...
AMC released its first quarter earnings report after hours on Tuesday, which missed on both top and bottom lines after closing down all its theaters for the coronavirus pandemic. The company did announce that it was expecting to be fully re-opened around the globe in July. Yahoo Finance’s Jared Blikre breaks down the movie theater company’s earnings....
In this article we will take a look at whether hedge funds think Macy's, Inc. (NYSE:M) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]...
Chewy released its first-quarter earnings results after market close on Tuesday, beating on its top line. The company offered guidance with stronger-than-expected estimates for its second quarter. Yahoo Finance’s Myles Udland breaks down the pet e-commerce company’s earnings on The Final Round....
