Author: Fernanda T

Interactive Brokers (NASDAQ:IBKR) – Interactive Brokers revealed a loss of $48 million due to an error on the New York Stock Exchange that temporarily showed a 99% drop in the stock prices of some companies, including Warren Buffett’s Berkshire Hathaway. The broker attempted to claim compensation for the loss, but the NYSE denied the request.…

U.S. index futures point to a lower opening on Thursday, influenced by a disappointing revenue forecast from chipmaker Micron Technology (NASDAQ:MU), with focus on the release of Q1 GDP this morning and anticipation for May PCE inflation data on Friday. At 6:25 AM, Dow Jones futures (DOWI:DJI) fell 65 points, or 0.16%. S&P 500 futures…

PancakeSwap launches AI prediction market in partnership with Allora Network PancakeSwap, a multichain decentralized exchange, has teamed up with Allora Network to develop an innovative prediction market on the Arbitrum platform. This new feature uses Allora’s AI algorithms to analyze and predict Ether (COIN:ETHUSD) price fluctuations, allowing users to make more informed price movement predictions.…

U.S. index futures are mixed pre-market trading on Wednesday, driven by gains in Nvidia and optimism in the tech sector on Wall Street. U.S. Treasury yields are rising as investors analyze recent Fed statements and await important new economic data. At 6:15 AM, Dow Jones futures (DOWI:DJI) fell 21 points, or 0.06%. S&P 500 futures…

Nubank expands services by partnering with Lightspark to integrate Bitcoin Lightning Network Nubank (NYSE:NU), the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and Universal Money Addresses into its platform. This collaboration aims to offer fast and low-cost transactions between Bitcoin (COIN:BTCUSD) and fiat currencies. The initiative…

U.S. index futures showed mixed results in Tuesday’s pre-market, following a tech sector sell-off the previous day, resulting in the Nasdaq Composite’s worst performance since April. Investors are focusing on financial results from Carnival and FedEx, along with a series of economic indicators to be released throughout the day. At 6:54 AM, Dow Jones futures…

Bitcoin drops to $60,000, lowest level in over a month The price of Bitcoin (COIN:BTCUSD) continued its decline, reaching a low of $59,668.41 on Monday. The cryptocurrency is down 4.5% at the time of writing, trading at $60,330.90. This is about 17% below its March record. Cryptocurrency investments have seen significant outflows in the past…