Author: Fernanda T

US index futures indicate a higher open in pre-market trading this Wednesday, as investors focus on the Federal Reserve’s monetary policy decision and Jerome Powell’s press conference. Earnings highlights include Boeing, Mastercard, Kraft Heinz, Meta Platforms, Arm Holdings, and Qualcomm. At 5:24 AM, Dow Jones futures (DOWI:DJI) rose 169 points, or 0.41%. S&P 500 futures…

ASML Holding NV (NASDAQ:ASML) – Semiconductor stocks rose globally after news that the US will exempt chipmakers in Japan, the Netherlands, and South Korea from new export restrictions. This followed discussions on the Foreign Direct Product rule, potentially impacting China. ASML’s stock rose 7.6% pre-market. Intel (NASDAQ:INTC) – Intel plans to cut thousands of jobs…

U.S. index futures rose slightly in pre-market trading on Tuesday, with major corporate earnings and the start of the Federal Reserve’s policy meeting in focus. The Fed’s two-day meeting, starting today, will be crucial for future rate cut expectations. At 4:59 AM, Dow Jones futures (DOWI:DJI) rose 30 points, or 0.07%. S&P 500 futures gained…

F5 (NASDAQ:FFIV) – The security and networking solutions company reported adjusted earnings of $3.36 per share in the third fiscal quarter, beating LSEG’s estimate of $2.97 per share. Revenue was $695 million, above the expected $686 million. F5 shares rose 15.4% in pre-market trading. Diageo Plc (NYSE:DEO) – Diageo Plc faced its first annual sales…

Controversy at Compound Finance after DeFi proposal approval Compound Finance’s native token (COIN:COMPUSD), a notable decentralized finance (DeFi) protocol, is declining following a possible governance attack. The DAO’s decision was manipulated by a group called Golden Boys, using whale Humpy to allocate $24 million in COMP to their controlled project. The final proposal, Proposal 289,…

U.S. index futures point to a higher open in pre-market trading on Monday. This week will feature quarterly results from tech giants including Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN), along with the anticipated Federal Reserve meeting on Wednesday. Economists indicate a 96% chance that the central bank will keep interest rates unchanged…

Bitcoin rises boosted by Bitcoin Conference 2024 and economic expectations On July 26, Bitcoin hit three-day highs driven by anticipation for the Bitcoin Conference 2024. In June, the US Personal Consumption Expenditures (PCE) price index rose 0.2% from May and 2.6% year-over-year. Strong consumer spending suggests progress in curbing inflation without harming the economy, potentially…