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Since its release way back in 2004, World of Warcraft has stuck to a very familiar revenue model. First, you needed to buy the game, which comes with 30 days of free play time. After that, a $14.99 a month subscription was required to keep playing.
Nearly 14 years later, and Blizzard is finally changing that model by dropping the requirement to purchase the game first. Instead, simply subscribing allows access to all currently available content. The one exception to that is future expansion packs including the forthcoming Battle for Azeroth.
As Polygon reports, Blizzard isn't making a big deal of this (yet). The Battle Chest Box has disappeared from Blizzard's online store and a subscription allows all content to be accessed right up to Legion. So for you $15 each month, you get the base game content as well as The Burning Crusade, Wrath of the Lich King, Cataclysm, Mists of Pandaria, Warlords of Draenor, and Legion. I hate to think how much all that cost if you purchased each expansion on release.
By removing the need to buy the game, Blizzard both lowers the barrier to entry and clears up any potential confusion. The game now simply costs $15 a month to play and you get access to all available content by default.
The Battle of Azeroth expansion arrives on August 14 and will cost $49.99 for the Standard Edition, $69.99 for the Digital Deluxe Edition, or $99.99 for the Collector's Edition. With so much content included in the subscription, though, I'm sure many players will now wait to see if this latest expansion eventually gets added for free as part of the subscription rather than buying it next month.
Today’s price action in this little-known stock is noteworthy. Accordingly, many investors may want to know what’s moving this cloud-based communications stock today.
Of note, Cloopen Group is a China-based company. Given the rally we’re seeing in Chinese equities recently, perhaps today’s move isn’t surprising. Investors seem to be pricing in a return to normal for Chinese equities after what could only be described as a disastrous first half. A string of regulatory crackdowns has driven Chinese stock prices to lows not seen since the pandemic began. However, some indications are that President Xi may be jumping back on the capitalism bandwagon of late.
Indeed, for Cloopen Group, this recent decline has been even more pronounced. RAAS stock opened the year around $50 per share. Currently, shares are trading around the $5-per-share level, representing a decline of nearly 90% year-to-date.
Let’s dive into a few things investors may want to know about this potential recovery stock.If you’re looking to take advantage of the unstoppable electric vehicle megatrend, the time to act is now.
That’s why Luke Lango just released his picks for the 11 Best EV Stocks to Buy Now. Each one has been hand-selected for its potential to deliver life-changing profits as EVs continue to disrupt the automotive industry.
What Investors Need to Know About RAAS Stock
Cloopen Group is a company focused on cloud-based communications solutions.
These solutions include embedded messaging, voice calls, audio and video calls and instant messaging.
Accordingly, given the rising demand for these services as a result of the pandemic, RAAS stock was a high-flyer earlier this year.
Cloopen Group recently reported earnings, which beat analyst expectations.
Specifically, the company’s revenue came in at $42 million versus expected sales of around $40 million.
This 5% top-line beat has gotten investors excited once again in this growth stock.
With a valuation around $920 million, RAAS stock currently trades at around 5.5 times annualized sales.
"Our fans have wanted new uniforms for many years, and today represents the start of an exciting new era in Bengals history," said Bengals Director of Strategy and Engagement Elizabeth Blackburn. "Our new uniforms are bold, sleek and iconic. We designed them to be recognizable and timeless, like the Bengals helmet."
This marks the Bengals' first major uniform change in 17 years, and the fourth significant uniform redesign in team history. The new design is the result of a multi-year process in which the team worked closely with Nike. One element that remained unchanged was the Bengals' iconic striped helmet, which debuted 40 years ago.
"Utilizing the fan-favorite, flooded-white Nike Color Rush uniform as the base, our goal was to modernize the Bengals' uniform as a bold, aggressive and timeless design," according to Nike. "We observed real-life Bengal tigers in motion and redrew the uniform's stripes to mirror the tiger's movements while stalking its prey. The result is a faster on-field expression for one of the league's most distinctive uniforms."
The New Stripes collection includes white, black and orange jerseys with three styles of pants. The stripe pattern on the shoulders of the jerseys was simplified to create a bold design in addition to the removal of the color blocks.
The design features "Bengals" written across the chest, while the legacy of Paul Brown, the team's founder and first head coach and general manager, is honored with a subtle signature detail inside the back neck of the jersey.
The jersey numbers are classic with a twist, with inspiration drawn from the Bengals' uniforms of the 1980s. The team preserved the outline of the numbers, while adding a sharp angle to mimic the modern design of Paul Brown Stadium and the claw marks of a ferocious Bengal tiger. And in keeping with a sleek and simpler thematic, the stroke from the nameplate was removed."These uniforms excite me. They're cool. I think the fans will like them and they'll be good for us. The guys that are here are the kind of people that are going to take this organization to where we want to go. We're the future. It's going to be a fun ride."
Jessie Bates III: "I love the new look. Hopefully these jerseys bring energy, not just to our fan base, but to the city overall. These new stripes come with new standards and new goals. We're looking forward to a lot of great things."
Joe Mixon: "We've got some great uniform combinations. They're fresh. Look good, feel good, play good. That's facts."
Tyler Boyd: "My mind was blown with how many different combinations we have. Seeing the new stripes, new Bengals, new everything, it gives me more excitement to play this year. The best part that you can't really see on the jerseys that I like is the Paul Brown signature. That's pretty cool."
Sam Hubbard: "We're really excited about this. It's going to bring a lot of energy to us and the fan base. Everyone is excited — fans and players — because we've got a great group of young guys. This symbolizes a fresh start where we can go out and accomplish what we want to accomplish."
With the United States Football League set to kick off its reboot season this spring, the Birmingham Stallions, Pittsburgh Maulers, Tampa Bay Bandits, Houston Gamblers, New Jersey Generals, Michigan Panthers, New Orleans Breakers and Philadelphia Stars all unveiled their new uniforms on Thursday.
With a focus on energizing our fans, the uniform and helmet designs reflect a 21st-century look for the new USFL,” president of football operations Brian Woods said in a statement. “The finished product is a collaborative effort by a remarkable group of professionals from across the United States. All eight of our teams will sport a fresh, distinctive style when they take the field starting April 16.”
The uniforms – which were designed by Joe Bosack & Co. and Studio Simon – are manufactured by Ripon Athletic while the helmets were made by Riddell, who actually hand-painted the designs for both the Panthers and Breakers.Our team uniforms and helmets confirm that the USFL is going to be an exciting brand of football,” Woods said.
One consistent theme throughout the uniforms is the placement of the USFL logo on the front bumper and above the numbers on the chest. The uniforms are also not a signifiant departure from what the teams wore during the USFL’s original run.Birmingham has a gold helmet with a red facemask, thick red stripe down the middle, partial version of its primary logo on both sides and a Stallions wordmark on the back bumper.
Both the red home jersey and white road jersey have contrasting numbers with a gold outline and a classic striping pattern on the sleeves, while the white pants include another thick red stripe. The look is complete with solid red socks.Pittsburgh uses a purple helmet with a gray facemask, orange stripe down the middle, partial primary logo on both sides and a Maulers wordmark on the back bumper.
The purple home jersey features white numbers with an orange outline and contrasting orange yoke on the shoulders, while the white road jersey includes purple numbers with an orange outline and purple yoke. Both jerseys have the same logo as the helmet on the sleeves, as well as white pants with a solid purple stripe down the side and purple socks.The Bandits have a gray helmet with a red facemask, a red stripe contained within a black stripe down the middle, their partial primary logo on the side and a Tampa Bay wordmark on the back bumper.
Both the red home jersey and white road jersey feature contrasting numbers with a black drop shadow, as well as the scarf-wearing bandit on the sleeves. The uniform is complete with gray pants featuring the same stripe as the helmet (albeit truncated toward the bottom) and a red socks.
Daily Market Lookup
The U.S. dollar weakened in early European trade Thursday, retreating from a two-year high as the rally in U.S. bond yields paused for breath, ahead of a highly-anticipated European Central Bank meeting. The benchmark 10-year Treasury yield traded at 2.684% early Thursday, retreating from Tuesday's high of 2.836% as weaker than expected U.S. core consumer inflation reined in some expectations of more aggressive Federal Reserve tightening to combat inflation later in the year. Still, most attention Thursday will be on the European Central Bank meeting later in the day, to see whether the policymakers feel the need to combat record inflation levels even in the face of a potential war-induced recession. As it stands the ECB plans to end its emergency bond buying at some point in the third quarter, with interest rates going up "some time" after that. This would be the fourth meeting in a row that the central bank has decided against raising interest rates after, under pressure from President Recep Tayyip Erdogan, it halted a series of rate cuts at the end of last year.To get more news about kot4x, you can visit wikifx.com official website.
The dollar lost ground against most major peers on Thursday, falling from two year peak hit overnight, as U.S. yields paused their march higher after U.S data released earlier in the week showed inflation lower than some analysts had feared. Even the battered yen had some respite, making a small recovery from a 20-year low hit overnight, though analysts reckoned the yen's tone remained weak. Otherwise, investors were awaiting a European Central Bank meeting later in the day, to see whether it was as hawkish as some of its global peers, after a spate of rate increases in recent days. However, while high, these were not quite as bad as some had feared, which observers said caused yields to pause. Other central banks reinforced the hawkish global mood ahead of the ECB meeting. Earlier in the day, the Bank of Korea, surprised markets with a rate hike, and the Monetary Authority of Singapore also tightened policy. The pause in yields meant the Japanese yen managed a small recovery in U.S. trade which continued into early Asia. It was last at 125.37 per dollar, having fallen to a 20 year low of 126.31 on Wednesday. More than three-quarters of Japanese firms say the yen has declined to point of being detrimental to their business, a Reuters poll found, with almost half of companies expecting a hit to earnings.
Gold was down on Thursday morning in Asia. However, the yellow metal was set for a second consecutive weekly gain as the war in Ukraine and broadening inflationary pressures give the safe-haven metal a boost. The benchmark 10-year Treasury yield fell on Wednesday, following steady gains earlier in the month as investors bet that the U.S. Federal Reserve would aggressively tighten monetary policy to curb high inflation. In Asia Pacific, the People's Bank of China (PBOC) is expected to cut the one-year policy loans interest rate on Friday, its second time doing so in 2022 to date. PBOC is also expected to lower the reserve requirement ratio soon The Bank of Korea hiked its interest rate to 1.5% as it handed down its latest policy decision. Investors now await the European Central Bank's policy decision, due later in the day. Meanwhile, the war in Ukraine, ongoing since the Russian invasion on Feb. 24, continues. The U.S. on Wednesday said that it would send an additional $800 million in military assistance to Ukraine, ahead of the widely expected Russian attack on the eastern part of the country.
Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply. Both contracts on Wednesday had shrugged off a large build in U.S. crude inventories to end the trading session roughly 4% higher The International Energy Agency on Wednesday warned that from May onwards roughly 3 million barrels per day of Russian oil could be shut-in due to sanctions or voluntary embargoes At the same time, major global trading houses are also planning to curtail crude and fuel purchases from Russia's state-controlled oil companies in May, Reuters reported on Wednesday. The probability of a EU ban on Russian oil being agreed may be almost zero, but no one will be able or wanting to say that clearly, Vandana Hari, founder of oil market analysis provider Vanda (NASDAQ:VNDA) Insights said. Despite signals that global supply disruption will persist, oil stocks in the U.S. rose by more than 9 million barrels last week, the U.S. Energy Information Administration said on Wednesday, driven in part by releases from the nation's strategic reserves. Analysts in a Reuters poll had anticipated just an 863,000-barrel build. U.S. gasoline stocks fell 3.6 million barrels last week, far above anticipated levels, and distillate inventories also declined.
Views are mixed on today’s employment data are mixed with the conscious forecast suggesting 150,00 jobs were added but PNC is expecting Friday’s payrolls to decline by 400,000 and Goldman Sachs is forecasting a drop of 250,000. Opinions from some of Wall Street’s forecasters suggest employment either slowed to a crawl or could have even turned negative in January and ADP reported Wednesday that companies slashed 301,000 jobs in the month.
The Omicron variant is seen as a key reason for the possible decline but views suggest that the job market should bounce back once the current variant runs its course. The economy is still seen as strong and companies are looking to hire. Could today’s data influence a hawkish FED?
It’s been one-way traffic for the USD this week. It wasn’t long ago we saw 97 traded at. This week so far has been hammer time for the USD with over 2% shredded off price. We can see on the 4H chart below that buyers are trying to hold at the support area seen at 95-95.20. A break below this level continues the overall decline but a hold could start to sow seeds of a counter rally. Could the US employment give USD buyers something to cheer about or could it just maintain the overall pain we’ve seen this week?
ooking at the daily chart we can see that 114.08 continues to show signs of support holding firm for buyers since the 13th. Not only does this level sit just above a round number (114.00) it was also a previous resistance level. These are normally viewed with more regard in strong up-trends but with the failed low and double test it gives the level a bit more credibility. Below this level, we can also see a secondary support level at 113.50, which the failed low tested. If this level (114.08) can remain in play we will be looking for buyers to build on the hold and make a move at 114.64 resistance. A break of that resistance could also set up a break of the current downtrend.
If sellers can break below 114.08 support, we will look for the current downtrend to continue pushing price lower. A new LL would continue the pattern of normal trend.
This week so far has definitely been about the USD. Price has seen solid gains so far, with the index adding 0.98% and hitting a new weekly high of 99.65.To get more news about fusion markets, you can visit wikifx.com official website.
Inflation worries in the US, followed by aggressive comments from the Fed regarding rate increases to combat soaring inflation, have been the key driver. US inflation hit40-yearadjustment to try and get it under control. Inflation is now a widespread issue, with Europe, Britain and Australia feeling the pinch.
Today we are focusing on the USDCAD as a higher USD, and weaker oil prices continue to support buying. The price broke out of its mini range yesterday, and buyers have followed up on the break with new weekly highs today. Today's move also confirms the breakout. Price started its move from a solid-looking foundation after forming a range off a well-established support area.
Looking forward, if this is a true move higher, we would like to see if buyers can get the price back up to 1.2626. This area is a previous low and could develop into resistance. What we don't want to see is a new move by sellers pushing price back into the range or back down to support. This could become a failure break and set up new downward pressure.
The information provided here has been prepared by Eightcap's team of analysts. All expressions of opinion are subject to change without notice. Any opinions made may be personal to the author and do not reflect the opinions of Eightcap.
Today we're looking at AUDUSD after the price failed once again to hold above .75 cents. The newest rejection also lines up with key resistance that also continues to hold buyers at bay.
Price failed at 75 cents for a fifth time today, reinforcing the current supply area. Above this area, we also have key resistance at 7540-7540. This level has been in play since July 2021, and for now, it is proving to be a significant sticking point blocking buyer's momentum. Today, sellers so far hold control, and the AUD has led the losses out of the three primary risk majors, dropping 0.50% to today's low.
Price, for now, is setting up a new consolidation pattern with support seen at 7465. This is the area sellers need to break to get a new leg going. A move through this level could set up a new pushback into areas between support and the main trend line retracement point of view, with the idea buyers will look at regaining control. It's the next move that matters as if they can't reach/break supply and resistance. This could be early signs a more significant shift in momentum is developing.
Traders will be watching tomorrow's US employment data as this could impact the USD and, in turn, impact the AUDUSD. The data is due Friday at 11:30 pm AEDT.
Already offering 60+ Forex currency pairs, the recent decision to add to its CFD offering commodities, metals, and indices shows that the broker is ready to accommodate all kinds of traders looking for opportunities to trade during the upcoming US election and expected volatility.
The Volatility Index (VIX), and USD Index are exciting additions for those looking to trade based on the impact of the election. FP Markets have also created a dedicated US Elections Page which features news updates, webinars, articles, and analysis.
The addition of platinum, palladium, and natural gas provide more options for those who like to deal with metals and commodities during times of political uncertainty.
Established in 2005, FP Markets has consistently provided traders with tighter spreads and faster execution. Through the use of Raw pricing, they can aggregate prices across a range of top-tier liquidity providers. Forex and CFD traders seeking optimal trading conditions should look no further.
The Ukrainian comments that peace talks are looking more realistic has set off risk demand with traders moving out of safe-havens and back into traditional risk assets, including stocks and currencies like AUD, GBP and EUR. Meanwhile, stock indexes in Europe and US futures are seeing firm gains heading towards the US session open.
The Fed is another factor to watch today, because they’ll meet at 2 pm ET. FOMC is expected to raise rates by one-quarter of a percent, which will be its first move higher since 2018.
“My guess is it’s going to sound a little more hawkish than people want it to sound, and that’s going to be a little tough to digest, particularly in the fixed income markets,”, David Zervos, chief market strategist at Jefferies, told CNBC’s “Closing Bell” on Tuesday. “I think the equity market might digest it a little better, but it’s going to be a tough swallow.”
Hawkish is normally seen as a positive for the country’s currency, but we wonder how much could be factored in from the Fed? Could it disappoint an already weak USD? It will be interesting to see if the Fed can overrule factors in Europe that have been supporting higher USD values. Oil continues to sell off from its highs. On other hand, inflation fears on the front might have started to cool off in the short-term.
We can see the lower highs (LH) on the daily US Dollar Index chart. If this point can continue to hold, we will look for a new short-term trend to remain in play—a break and close above the LH at 99.07. We will be looking for bulls to resume their push.
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We now offer Forex Trading on both MetaTrader 4 and MetaTrader 5, two of the industry's leading trading platforms and we are confident that the MT5 will add significant value to our clients' trading experience.
Today we're looking at the GBPUSD as buyers continue to hold firm and now only face one level of resistance both they can get the new uptrend back on track.
We've seen recently that fair ups support the USD, and any new escalations could drive the USD higher, which would hurt the GBPUSD. T-note yields are another constant factor, but yields have settled for now. However, new highs could once again break risk pairs, including the GBPUSD.
US inflation and UK inflation
US inflation and rate rises could be factored in unless we see a new spike. The minutes didn't do much to drive the USD this week, while a recent increase in UK inflation supported the GBP yesterday, giving the GBPUSD a nice boost in Wednesday's session.
Let's look at some of the technicals we're watching on the GBPUSD chart with that in mind. For now, we see the price stuck in consolidation with support and resistance currently holding the price. Overall we can see two new uptrends in play in short and medium times. Price also sits above all three moving averages, and the short term MAs are trading above the 86 MA.
While support remains firm, we will continue to look for buyers to push at a new continuation. The key to this is a break above the two resistance points. This could confirm a new breakout and suggest that the medium-term trend could continue. A break below support and a move back to the new Med-trend would be a small warning sign, and further evidence would be required before thinking that the trend will continue.
Picking the right wave
Trading is effectively a three-way competition. First, you compete with yourself and your psyche, of course, you also compete with the market in the same way that a surfer competes with the ocean. That is reading the changes in the swell and the wind in order to pick to the right waves. However, you are also competing with other traders, because in forex for every winner there is a loser, and to make money, you need to try to ensure that other traders and not you are on the losing side, more often than not. To succeed, we need to follow a rules-based trading strategy that helps us back only the best trading opportunities that the market presents to us. We also need to try and develop an edge over our competition, that is other traders.
Of course, we don’t and can’t know who these other traders are, and even if we did it wouldn’t do us much good, because there are millions of them spread out across the globe trading away at any one time. However, the fact that there are so many competitors out there can work in our favour. Why? Because a crowd that big leaves a trail that we can follow and that can provide us with an edge.
Tracking the markets thinking
One of the methods that we can use to gauge what the rest of the market is thinking and doing is to look at what they are buying, selling and saying. That is measuring the sentiment towards the markets, and doing that in aggregate.
There are several ways in which we can do this. For example, we could study the weekly Commitment of Traders reports that are produced by the US CFTC which track changes in positioning in listed futures contracts (including FX majors) among key investor and trading groups. However, these reports are released three days in arrears, late on Friday afternoon in the USA. What’s more, they are not exactly user friendly in terms of their layout or the way that the data is presented or in the ease of interpretation (the CFTC is not known for its beautiful charts!).
Perhaps a more simplistic way to track trader sentiment is to look at what’s happening to the prices of safe-haven assets such as gold, the Japanese yen and Swiss franc and government bonds. If these instruments are rising in price, then that’s a sign of Risk-Off sentiment among traders.
If those safe-haven assets are strengthening when risk assets such as equities and Emerging Market currencies like the South African rand, Brazilian real and Turkish lira etc. are weakening, then you will know it’s risk-off. Of course, if we see risk assets appreciating while safe-havens are falling in price, that’s an indicator of Risk-On sentiment among market participants.
However, there are quite a few items to monitor the strategy outlined above. Since we are trying to gauge the aggregate sentiment of the crowd, it would be good if we had an indicator to gauge sentiment across a wide range of assets as well.
True we could try to use the VIX and other volatility indices, volatility is a measure of the rate and severity of price changes within an instrument or market. It tends to rise sharply as markets become fearful and trend lower when fear subsides and greed re-asserts itself. But once again, this would mean monitoring multiple items from different sources, to which we may have varying degrees of access.
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