AMD is launching its next generation of AI data center hardware Thursday at an event in San Francisco, seeking to capture market share from Nvidia in the data center chip sector, according to Reuters. The company is formally introducing its Helios rack-scale system, which combines Instinct MI455X GPUs, EPYC “Venice” CPUs, Pensando networking chips, and…
July 23 (Reuters) – U.S. energy shares rose in premarket trading on Thursday as Brent crude briefly touched $100 a barrel, extending a āfive-day rally after attacks on two Saudi oil tankers intensified āMiddle East tensions and heightened concerns over global oil supply disruptions. Houthi forces in Yemen have āwidened the conflict by targeting vessels…
What happened: ServiceNow (NOW) gained 3% in early trading on Thursday. What’s behind the move: The Santa Clara, Calif.-based software company reported quarterly subscription revenue and bookings that topped analyst expectations, reinforcing investor optimism that its artificial intelligence offerings are helping drive growth. Subscription revenue climbed roughly 25% year over year to $3.88 billion last…
What happened: ServiceNow (NOW) gained 3% in early trading on Thursday. What’s behind the move: The Santa Clara, Calif.-based software company reported quarterly subscription revenue and bookings that topped analyst expectations, reinforcing investor optimism that its artificial intelligence offerings are helping drive growth. Subscription revenue climbed roughly 25% year over year to $3.88 billion last…
On the one-hour chart, silver initiated a clear upward wave from a low of 54.8, establishing successively higher lowsāa characteristic of a strong primary rally. However, after hitting a new interim high, the price reversed sharply, retreating via consecutive large bearish candles; this marked the end of the short-term uptrend, shifting market control to the…
Gold (XAUUSD) is showing increasing bearish pressure after losing momentum from its recent rally. In today’s H1 analysis, price has broken below the 20 EMA and 50 EMA while the MACD remains bearish, suggesting sellers are currently in control. Our primary scenario looks for a continuation lower if the H1 candle closes below the 4075ā4078…
šÆ Trade Setup:Direction: Long from pullbackš» Entry: $89.20ā$89.60 after bullish confirmationš Stop Loss: $85.90šÆ Take Profit 1: $91.85šÆ Take Profit 2: $93.50 š° News:WTI extended its rally as renewed U.S.āIran tensions, tanker attacks and disruption risks around major shipping routes increased the geopolitical premium. However, the EIA reported a 2.0 million-barrel increase in U.S. crude…
Bitcoin (BTCUSD) recently pushed above the 64,000ā64,100 value area, triggering a strong rally toward the 66,500ā66,700 region. However, the move has since stalled, with price rotating back lower and returning to test the breakout zone. 64,030 Remains the Key PivotThe 64,030 level (black horizontal line) is the most important level on the chart. The volume…
Gold recently delivered an important technical signal, with XAUUSD breaking above the descending trendline that had been controlling the market during the previous correction. From the 1H structure, gold found support around the 3960-4000 area and started a strong rebound. The short-term structure has improved: The previous downtrend line has been broken;Price has recovered above…
Healthcare ranked as the worst place to invest for three years. Thatās over. Nobody wanted this sector. Tech was eating everything, and every drug company on the board had the same cloud hanging over it ā the government was about to negotiate their prices down, and nobody knew how bad it was going to get….
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