Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Markets were also buoyed by upbeat earnings from companies such as General Motors, which closed up ...
Streaming music leader Spotify matched estimates for subscribers in the first quarter and showed improved profitability. Spotify stock rose on the news.
Benchmark S&P 500 rose on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Markets were also buoyed by upbeat earnings from companies such as General Motors, which was up 5.2% after the automaker's better-than-expected quarterly results. Ten out of 11 S&P 500 sectors were advancing led by gains in equities in communication services and technology sectors.
Spotify stock surged after the audio-streaming company swung to a first-quarter profit. Shares jumped over 14% to trade at around $312.90, putting the stock on track for its highest close since March 2021.
The music streamer’s market value has surged on the belief that its money-losing days are in the past.
Wall Street's main indexes advanced on Tuesday as growth and chip shares gained, while stocks like General Motors and Spotify rose on upbeat earnings updates ahead of quarterly reports from big technology companies. On the earnings front, General Motors advanced 4.6% after the automaker posted quarterly results above Wall Street targets and raised its annual forecast.
To call The Tortured Poets Department a hit would be an understatement.
Spotify CEO Daniel Ek suggested more price increases are coming as the audio giant plans to offer various subscription plans to attract as many users as possible.
Spotify Swings to Bigger-Than-Expected Profit Despite Slowdown in Monthly Active User Growth
The audio-streaming platform is setting records as subscribers pay for premium services.