Gross margin of 16.8% fell short of the 19.4% forecast despite revenue and free cash flow beating estimates. Tesla Inc reported second-quarter adjusted earnings per share of $0.33, missing the $0.52 estimate as gross margins compressed to 16.8%. Revenue reached $28.2 billi
Alphabet’s $9.11 EPS and $119.8 billion revenue surpass forecasts, driven by Google Cloud and Gemini user growth. Alphabet Inc reported second-quarter earnings of $9.11 per share, crushing the $2.88 estimate, as revenue rose to $119.8 billion against a $117.00 billion fore
Analysts see limited downside risk for the Singapore dollar but flag potential for a break below 1.2860 if resistance holds. USD/SGD traded narrowly above 1.29 in a quiet session, with UOB noting tentative upward momentum but insufficient strength for a sustained rally. Th
Markets expect steady unemployment at 4.4% in Australia, with limited impact on RBA policy or the AUD. Australia’s labor market report is set for release today, with the unemployment rate forecast to remain at 4.4%. The figure has edged higher in recent months as three con
The currency pair fell through a critical trendline, signaling potential further declines amid seller dominance in early trading. GBP/JPY broke below a key support trendline on Wednesday, trading at 218.16 after shedding early gains. The move suggests sellers are gaining c
The currency pair falls after breaking a critical support trendline, with sellers driving momentum toward a potential test of 217.53. GBP/JPY slipped below a key support trendline on Wednesday, trading at 218.16, down 0.05% as sellers gained control. The break opens the do
USD/CNY holds near 6.77 as Q2 GDP growth of 4.3% yoy falls short of Beijing’s 4.5%-5.0% target range. The Chinese yuan traded at 6.77 against the dollar, slightly lower on the day, as weaker-than-expected growth and anticipated policy easing weighed on sentiment. Q2 GDP ex
The currency pair climbs to 0.8146, extending gains as the Swiss Franc underperforms amid broader Greenback strength. USD/CHF advanced to 0.8146, marking a gain of over 0.5% as the Swiss Franc lagged despite the US Dollar’s mixed performance against G8 currencies. The pair
The currency pair climbs 0.2% to 0.8146, defying broader USD softness amid Swiss Franc’s haven demand decline. USD/CHF advanced to 0.8146 on Wednesday, gaining over 0.2% as the Swiss Franc underperformed despite the US Dollar’s mixed session against G8 currencies. The move
Investors remain cautious as the Euro stabilizes near multi-decade lows for the Yen before Thursday’s ECB rate decision. EUR/JPY traded marginally higher at 186.20 on Wednesday as the Japanese Yen lingered near multi-decade lows. The Euro showed limited volatility as trade
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