June 5 (Reuters) – Global equity fund inflows surged to a three-week high in the week to June 3 as a set of robust earnings in the technology sector and investor enthusiasm over the AI boom bolstered demand. According to LSEG Lipper data, global equity funds attracted a net $21.44 billion during the week, the…
By Toby Sterling AMSTERDAM, June 5 (Reuters) – The CEO of top European tech firm ASML on Friday welcomed most proposals made by the EU Commission this week to improve Europe’s tech sovereignty but cautioned against plans for its involvement in steering or monitoring “strategic projects” eligible for state aid. Such projects “fundamentally need to…
Amid a fire hose of financial forecasts and guidance from endless talking heads, CEOs, social media personalities and others, more and more industry watchers are pointing to telltale signs that the stock market’s bull run can’t last much longer. One of these is Michael Hartnett, managing director and chief investment strategist at the Bank of…
Tulsa, Oklahoma-based ONEOK, Inc. (OKE) operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States. The company has a market capitalization of $54.7 billion and operates through Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude segments. Companies with…
Despite Eli Lilly‘s (NYSE: LLY) dominance in the weight management market, the company has encountered several obstacles in this field, including spotty insurance coverage for its anti-obesity medicine, Zepbound. If Eli Lilly could make headway in that area, it could boost the already fast-growing sales of this medicine. That’s why recent news from CVS Health…
Monero (XMR) price action is showing increasing signs of weakness after multiple failed attempts to break through the key $410 resistance level. Despite several tests of this region, buyers have been unable to generate enough momentum to establish acceptance above resistance, resulting in repeated rejections and reinforcing the importance of this level. From a market…
NEAR price action recently delivered an impulsive rally, successfully breaking above the key $1.80 daily level before advancing into the point of control, a region representing the highest concentration of traded volume within the current range. The breakout initially signaled strength from buyers and suggested the potential for further upside expansion.However, momentum began to fade…
Cardano (ADA) continues to display a strongly bearish market structure, with recent price action reinforcing the dominance of sellers across multiple timeframes. The latest decline has seen ADA lose acceptance below the value area low, confirming a bearish expansion and increasing the probability of further downside in the sessions ahead. From a technical perspective, the…
Hello everyone,Gold continues to trade under pressure around 4,448 USD/oz after failing to reclaim the 4,480–4,500 region. On the H4 timeframe, price remains below both EMAs, suggesting that sellers still maintain control of the short-term structure. What catches my attention is that every rebound toward 4,500–4,520 has been rejected fairly quickly. This indicates that buying…
Gold is showing a bearish reaction as price continues to respect a descending trendline Each rally is being met with selling pressure, creating lower highs and signalling that sellers remain in control in the short term. The Price sharp price swings in both directions are likely influenced by fundamental factors such as U.S. economic data,…
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