<p>Texas Instruments Inc (TXN) Q4 2023 Earnings:</p><ul><li>EPS: $1.49, BEAT expectations of $1.46.</li><li>Revenue: $4.00 billion, MISSED expectations of $4.12 billion.</li><li>Guidance: Q1 revenue projected between $3.45-3.75 billion, below expectations of $4.09 billion. Q1 EPS view is $0.96-$1.16,
Blogs
Economic calendar in Asia 24 January 2024 – New Zealand Q4 inflation data due
<p>New Zealand inflation data for the October – December quarter is due soon. Its expected to have continued to decline, which will be welcomed by the Reserve Bank of New Zealand. </p><p>I posted a quick preview here yesterday:</p><ul><li><a href="https://www.forexlive.com/centralbank/new-zealand-q4
Trade ideas thread – Wednesday, 24 January, insightful charts, technical analysis, ideas
<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.
Major US stock indices close mixed. Dow snaps 3 day win streak
<p>The major US stock indices are closing mixed with the Dow sapping it three day win streak after closing at record levels yesterday. The S&P index closed higher and made a new all-time high close in the process. The NASDAQ index led the way with a gain of 0.43%.</p><p>A snapshot of the closing levels shows:</p><
What was harder: Buying China yesterday or buying it today?
<p>Was it harder to buy Chinese stocks yesterday as the Hang Seng broke below the 15,000 level and touched the lowest since October 2022? Or harder to buy today after a 2.6% bounce on a <a href="https://www.forexlive.com/news/bloomberg-headline-china-mulls-stock-market-rescue-package-backed-by-278-bn-20240123/" target="_blan
Crude oil settles at $74.37
<p>The price of WTI crude futures are settling at $74.37. That is down $-0.39 or -0.52%. A low-price today reached $73.41. The high price was at $75.25.</p><p>Later today, the private API inventory data will be released. Tomorrow, the EIA will release its estimates for inventories. The expectations are showing:</p><ul>
AUDUSD sellers gain momentum as price dips below key moving averages
<p>If I were to give a technical tilt for the AUDUSD, the bias is to the downside. </p><p>Looking at the 4-hour chart,</p><ul><li> The price is now below the 200-hour moving average 0.65779 (green overlay line on the chart below). Bearish</li><li> The price is also below the 50% midpoint of the move-u
Apple scales back on autonomous car plans in a sign of the times
<p>In Elon Musk's telling, the world is always one year away from cars that drive themselves.</p><p>However in the real world, there are increasing signs that it's not coming and might not for a long time. </p><p>I've been <a href="https://www.forexlive.com/news/the-automotive-industry-is-facing-
Goldman Sachs continues to highlight the tightness in the global copper market
<p>The copper market is where the green revolution runs into the reality of global scarcity.</p><p>If China managers to stay on track and demand for EVs, green power and infrastructure continue, then the copper market is headed for a supply deficit this decade that's now irreversible.</p><p>It takes at least seven
US and UK aid workers have been asked to leave Yemen
<p>Sky News <a href="https://news.sky.com/story/middle-east-crisis-us-uk-launch-strikes-houthi-targets-israel-gaza-hamas-12978800" target="_blank" rel="nofollow">reports </a>that Houthis have asked British and American aid workers to leave the country within 30 days.</p><p>There were more