© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar was firmly pinned at a one-week low on Tuesday as an overnight slide in U.S. Treasury yields raised doubts on the outlook for the greenbackRead More →
Meme-based cryptocurrency Dogecoin (DOGE) gained 25% in minutes on Feb. 4 after a fresh endorsement from the world’s richest man. DOGE/USD 1-minute candle chart (Bittrex). Source: TradingView DOGE in new “Elon pump” Data from Cointelegraph Markets and TradingView showed DOGE/USD rebound past $0.05 per token on Thursday, edging towardsRead More →
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of the crypto-economy.” Record-Breaking Growth Across the Indian Crypto Industry Cryptocurrency tradingRead More →
‘Get out of trash. There’s still a lot of money in cash.’ Ray Dalio If there are investors who believe cash is king amid this market bull run, they ought to think again, suggests Ray Dalio. The billionaire founder of the hedge fund Bridgewater Associates said during a CNBC interviewRead More →
Editor’s note: A previous version of this report misstated analysts’ expectations for revenue in the fifth paragraph. AFP/Getty Images The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich. Credit Suisse Group AG (CS) said Wednesday that third-quarter net profit more than doubled, beatingRead More →
© Reuters. The German share price index DAX graph at the stock exchange in Frankfurt By Danilo Masoni MILAN (Reuters) – Oil prices hit four-month highs on Monday after attacks on crude facilities in Saudi Arabia fueled worries over the impact of an oil shock on economic growth, halting aRead More →
© Reuters. Investing.com – Stocks in focus in premarket trading on Tuesday: Papa John’s (NASDAQ:) stock jumped 6.8% in premarket trade by 8:40 AM ET (12:40 GMT) after it named Arby’s President Rob Lynch as its new president and CEO. He replaces Steve Ritchie, who took over as CEO lastRead More →
© Reuters. Investing.com – Nvidia rallied on Tuesday thanks to a timely boost ahead of its due later this week after the U.S. delayed some tariffs on Chinese goods, lifting investor sentiment on chipmakers. The United States Trade Representative office said Tuesday that new tariffs on certain consumer items, whichRead More →
© Reuters. Investing.com – Square (NYSE:) surged Tuesday after Raymond James upgraded its outlook on the stock, abandoning its bearish outlook on payments company, citing a more balanced risk-reward profile. Raymond James upgraded its rating on Square (NYSE:) to market perform from underperform, sending its shares more than 6% higher.Read More →
Gold prices shot to levels not seen since 2013 on Thursday, as investors flocked to the metal after the U.S. Federal Reserve left key interest rates unchanged but shifted away from its “patient” stance on monetary policy. In electronic trading, August gold GCQ19, +2.72% soared $33.50, or 2.5%, to $1,382.20Read More →
© Reuters. FILE PHOTO: Pedestrians walk past electronic board showing the Nikkei stock index outside a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – The pound jumped and Asian shares rallied on Tuesday after the European Commission agreed to changes in a Brexit deal ahead of a vote inRead More →
Shares of Microchip Technology Corp. shot up to a six-month high Wednesday, after the semiconductor maker provided a downbeat provided outlook for the current quarter, but Chief Executive Steve Sanghi said he believes that will mark the bottom for the company. And he’s been spot on before. Microchip MCHP, +7.62%Read More →
Online marketplace eBay Inc. has a lot going on, and shareholders are betting that the company could benefit from more focus. Shares of eBay climbed Tuesday morning after Elliott Management announced a 4% stake in the company and suggested a five-step plan for unlocking shareholder value, which included spinning outRead More →
© Reuters. Investing.com – Stocks in focus in premarket trade Wednesday: • Alphabet (NASDAQ:) stock lost 1.98% by 8:12 AM ET (13:12 GMT) despite news that company’s for a radar-based motion sensing device known as Project Soli. • Microsoft (NASDAQ:) stock fell 2.43% amid reports that the company received .Read More →
A GoFundMe page to raise money for President Donald Trump’s proposed border wall has raked in over $18.5 million in just two weeks with an ultimate goal of $1 billion, and inspired at least one competing page dedicated to paying for ladders to get people over said wall (that pageRead More →
