Author: Fernanda T
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Tuesday’s Wall Street Highlights: Coinbase, Intel, Redfin, Barclays, General Dynamics, GE, and more
US index futures are rising in pre-market trading this Tuesday, reflecting the relief in US interest rates that occurred yesterday, as well as economic activity data in the Eurozone and Japan. Investors are eager for information on corporate results and developments in the Israel-Hamas conflict. At 06:56 AM, Dow Jones futures (DOWI: DJI) rose by…
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Crypto This Monday: Worldcoin Swaps Rewards for WLD, LINK Surges This Week, and More
Bitcoin price remains above $30,000 with potential bullish breakout The price of Bitcoin (COIN:BTCUSD) remained above $30,000 and recorded a 2.88% increase on October 23, reaching $30,855 after reaching $31,000 at the weekly close. Analysts are optimistic about a breakout above $31,000, pointing to encouraging signs such as the Average Active Investor Profit Index (AVIV) surpassing…
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Monday’s Wall Street Highlights: Philips, Chevron, Textainer, Okta, Roivant, and more
US index futures are trading lower in the pre-market on Monday due to uncertainties about the direction of interest rates in the U.S. and escalating tensions between Israel and Hamas, leading to investor concerns. As of 06:55, Dow Jones futures (DOWI:DJI) were down 186 points, or 0.56%. S&P 500 futures dropped by 0.56%, and Nasdaq-100…
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Crypto This Friday: Tether’s Real-Time Attestation Plan, EGLD’s Surge with Google Cloud, Base’s Open Source Move, and More
Bitcoin on the verge of $30,000 as observers await weekly close On October 20th, the price of Bitcoin (COIN:BTCUSD) briefly reached $30,000 at the Wall Street opening, continuing its recent upward trend. However, analysts are focused on the weekly close to assess the sustainability of this move. While some see the breakout above the 100-week…
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Friday’s Wall Street Highlights: SolarEdge, Intuitive Surgical, Knight-Swift, HPE, and more
US index futures were declining in pre-market trading on Friday following comments by Federal Reserve Chairman, Jerome Powell, regarding the potential for future interest rate hikes. Additionally, escalating tensions between Israel and Hamas have dampened investor enthusiasm. As of 06:56 AM, Dow Jones futures (DOWI:DJI) were down by 86 points, or 0.26%. S&P 500 futures…
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Crypto This Thursday: Tesla Holds BTC in 3Q, Coinbase Picks Ireland as European Hub, and More
Bitcoin breaks above $28,500 ahead of Powell speech On October 19, Bitcoin (COIN:BTCUSD) displayed a 1.45% increase, reaching $28,734, as investors eagerly awaited a crucial speech from Federal Reserve Chairman Jerome Powell. Uncertainty surrounding US economic policy and high 10-year bond yields kept investors on alert. BTC volatility has persisted, driven by optimistic outlooks, amid speculation that…
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Thursday’s Wall Street Highlights: Netflix, Tesla, SAP, TSMC, Costco, Rentokil, Nokia, and more
US index futures showed mixed sentiment in early trading on Thursday. This comes amid a rise in long-term interest rates, reaching their highest levels since 2007 due to expectations of sustained high rates. Investors are digesting another batch of quarterly earnings while closely monitoring the evolving conflict between Israel and Hamas, which begins to influence…
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Tesla Reveals 3rd Quarter Results With a Focus On Cost Reduction And Expansion in AI; Stock Rises
After the market closed on Wednesday, Tesla (NASDAQ:TSLA) shared its third quarter financial results. Subsequently, its shares experienced an decrease of more than 3% in extended trading. Relative to Wall Street expectations, based on research from LSEG (formerly Refinitiv), Tesla reported an adjusted profit of 66 cents per share, versus an expectation of 73 cents. Tesla demonstrated…
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Netflix Raises Prices After Record Subscriber Growth and Exceeds Wall Street Expectations
The streaming giant, Netflix (NASDAQ:NFLX), announced an increase in the prices of its subscriptions in the US, France and the United Kingdom. This increase follows a remarkable third quarter, where the company added an astonishing 8.76 million new subscribers, bringing its total base to 247.2 million. Management attributed this expansion to captivating content and measures to crack…
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Crypto This Wednesday: Stellar Integrates Smart Contracts, Floki Launches Staking Feature, and More
Stellar seeks to compete with Ethereum by adding smart contracts to its network A new competitor has emerged in the smart contract blockchain market, with the Stellar (COIN:XLMUSD) project, known for its payment solutions, preparing to integrate smart contract functionality into its platform. While Ethereum leads the industry, Stellar hopes to attract developers and users to…