Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Adobe posts record revenues
Adobe beat analyst estimates on pretty much every metric in their latest earnings report. They also posted record revenues for the first fiscal quarter of the year.
Aussie to get a budget boost?
Amidst the chaos of recent weeks, the Australian dollar’s held up well and sits in a really interesting spot as we head towards Q2. Let’s take a look at the article...
Stock of the week: Gamestop
The Gamestop turnaround story took another twist in the last quarter. Even as net sales rose 6.2% to $1.88 billion, gross profits fell 15.7% for the quarter and the firm ended up posting a net loss of $147.5 million, compared with a profit of $80.5 million a year earlier.
Bank of England downs the pound
A third consecutive rate hike by the Bank of England sent the pound tumbling against the dollar, before recovering most of the losses later in the day. Plenty of volatility but not much direction!
AMC literally bought a goldmine
AMC can’t stay out of the headlines. CEO Adam Aron was making waves again this week by announcing that AMC had bought a stake in a Gold & Silver mining firm!