US stocks opened the week on a cautious note on Monday, with the major averages hovering near the flatline after recent gains. Traders shifted focus to a slate of retail earnings and commentary from the Federal Reserve later this week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite were all little changed in […]
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US stocks were mixed on Tuesday as traders digested the first of several major retail earnings reports while looking ahead to Federal Reserve Chair Jerome Powell’s remarks later this week at the central bank’s annual symposium in Jackson Hole, Wyoming. The Dow Jones Industrial Average rose 105 points, or 0.2%. The S&P 500 was flat, […]
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US stocks were little changed on Wednesday as investors assessed a fresh round of retail earnings and awaited the release of the Federal Reserve’s July meeting minutes. The Dow Jones Industrial Average rose 69 points, or 0.2%. The S&P 500 edged down 0.1%, while the Nasdaq Composite declined 0.3%. The moves followed Tuesday’s session, when […]
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The second-quarter earnings season for the influential “Magnificent Seven” technology stocks begins this week with results from Alphabet Inc. and Tesla Inc., setting the stage for how Big Tech will shape the broader S&P 500’s financial performance. The group—comprising Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—is expected to report combined earnings growth of 14.1% […]
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French authorities have intensified their criminal investigation into X, formerly Twitter, with prosecutors requesting access to the platform’s recommendation algorithm and real-time user post data. The probe, which began in January 2024, is focused on alleged foreign interference through manipulation of automated data systems and the unauthorised extraction of user data. X has denied the […]
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The Metaplanet share price has been in a strong downward trajectory this year, and is now hovering at the lowest point since May this year. It has plunged by over 70% from its highest point this year, erasing billions of dollars in value. This article explores why it is in freefall. Metaplanet share price has […]
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Liquidity is a concept that’s easy to describe but surprisingly hard to visualize. At least it is when discussing financial markets, where the liquidity is entirely digital in nature and thus intangible. We can read it in onchain dashboards revealing the depth of DEX trading pairs, and we can see it on the order books […]
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Teva Pharmaceutical Industries Ltd. stock rose 12% after the company reported stronger-than-expected third-quarter results, buoyed by robust growth in its branded drug portfolio. The Tel Aviv-based pharmaceutical giant’s shift toward innovative medicines appears to be paying off, even as its core generics business continues to face challenges. Branded drug portfolio drives earnings beat Teva posted […]
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After a muted start to the week, gold and silver prices rose on Wednesday as risk-off sentiment dominated the market. Meanwhile, oil prices fell slightly amid weak economic data from top crude-importing countries, even as US inventories limited the losses. Base metals were mostly steady after a volatile start to the week as a firmer […]
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Following intensified attacks by Russia that caused widespread damage, Ukraine has restarted gas imports via a pipeline crossing the Balkan peninsula to Greece. This is to ensure its heating and electric systems can continue operating throughout the winter. The sustained and intensified campaign of Russian strikes against Ukraine’s natural gas infrastructure in October marked a […]
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