tech giants stumble as Tesla accelerates: Unpacking today’s mixed market signals

Stock heatmap by FinViz.com Fri, 18 Jul 2025 14:46:13 GMT 📉 Technology Sector: Tech Giants Navigate Turbulence Today, the technology sector is showing signs of strain, with key players like Microsoft (MSFT) edging down by 0.17% and Oracle (ORCL) slipping by 0.72%. Semiconductor titan Nvidia (NVDA) is also under pressure, down by 0.38%, reflecting ongoing … Read more

GBPUSD backs off after reaching resistance target

GBPUSD technicals The GBPUSD moved higher today after basing earlier in the week within a lower swing area between 1.3360 and 1.3378. The upside momentum accelerated today after the pair pushed above its 100-hour moving average, currently at 1.3416 (blue line on the chart), and found additional buying interest in the early U.S. session. That … Read more

Major European indices are closing mixed to end the week

The major European indices are ending the week with mixed results: German DAX, -0.35% France’s CAC, +0.01% UK’s FTSE 100 +0.22% Spain’s Ibex -0.04% Italy’s FTSE MIB +0.46%. For the trading week,: German DAX +0.14% France’s CAC -0.08% UK’s FTSE 100 +0.57% Spain’s Ibex, -0.14% Italy’s FTSE MIB, +0.58% Next week will have the clock … Read more

Is there more legs to the dollar short squeeze?

Is the dollar let out of the dog house just yet? Well, not exactly. The latest recovery in the greenback in the past two weeks comes as Trump is threatening tariffs once again. It’s a more moderate version of Liberation Day one might say, with TACO trades seemingly fully priced in before this. So, what’s … Read more

Trump signs GENIUS Act (Guiding and Establishing National Innovation for Stablecoins)

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) is the first comprehensive federal law to regulate U.S. dollar–backed stablecoins. It outlines clear rules for who can issue stablecoins, how they must be backed, and what compliance standards they must meet. Stablecoins are a type of cryptocurrency designed to maintain a stable … Read more

California Gov. Newson proposes to ease permits for oil drilling in California

California Gov. Gavin Newsom proposes to ease permits for oil drilling in California. Governor Gavin Newsom has not supported new drilling, but is also under pressure to stabilize energy supplies, particularly after recent refinery closure announcements. While he remains committed to phasing out oil drilling by 2045, state regulators have recommended limited new well permitting … Read more