Author: Fernanda T
-
Wednesday’s Wall Street Highlights: AMD, Amazon, Alphabet, Shell, Vodafone and more
US Index Futures were mixed on Wednesday morning as investors awaited the Federal Open Market Committee (FOMC) meeting after the May Consumer Price Index (CPI), released yesterday, helped to consolidate the expectation of the first maintenance of the basic interest rate since March 2022 At around 7:04 AM, Dow Jones (DOWI:DJI) futures were down 36 points,…
-
Crypto This Tuesday: BTC and ETH Dominate After Altcoin Aversion, Ripple Reveals SEC Documents, and More
Bitcoin, Ethereum lead cryptocurrency market as investors move away from Altcoins amid regulatory crackdown The dominance of Bitcoin (COIN:BTCUSD), Ethereum (COIN:ETHUSD) and stablecoins in the cryptocurrency market has reached its highest level since February 2021, as investors move away from smaller tokens due to regulatory crackdowns in the US. The combined market capitalization of these assets…
-
Tuesday’s Wall Street Highlights: CPI, Manchester United, Oracle, Toyota, Apple and more
The inflation rate hit its lowest annual level in about two years in May, with the CPI rising just 0.1% for the month. However, excluding food and energy, core inflation rose 0.4% on the month and 5.3% year-on-year. These numbers are in line with consensus estimates. At around 8:32 AM, Dow Jones (DOWI:DJI) futures were up 23 points,…
-
Crypto this Monday: Robinhood Volume Slumps in May, a16z Expands to UK, and More
Former Head of SEC Enforcement Division Warns Cryptocurrency Investors of Need to Get Off Crypto Platforms Former head of the SEC’s Division of Enforcement, John Reed Stark, has issued a warning to cryptocurrency investors, urging them to “Exit Crypto Platforms Now”. He highlighted the lack of protections for customers and the exchanges’ failure to comply with…
-
Monday’s Wall Street Highlights: UBS, Illumina, Oracle, Salesforce, Chinook and more
US Index Futures advanced in premarket trading on Monday. The FOMC announces its decision on Wednesday and derivatives this Monday point to a 75.9% chance that the interest rate will be maintained between 5% and 5.25% in the US, while the high bet of 0.25 percentage point is at 24.1%, according to the Chicago Mercantile Exchange’s…
-
Crypto This Friday: AliExpress Will Accept Cryptocurrencies, Robinhood End Support For ADA, MATIC, SOL, And More
AliExpress collaborates with The Moment3 to launch 5,555 NFTs and accept cryptocurrencies as payment Ecommerce platform AliExpress is collaborating with The Moment3 to release 5,555 non-fungible tokens (NFTs) on June 25, marking a step towards the Web3 space. As part of its expansion efforts in the crypto sector, AliExpress will also accept cryptocurrencies as a payment…
-
Friday’s Wall Street Highlights: GM, UBS, Planet Labs, DocuSign and more
US Index Futures trade lower as the S&P 500 consolidates in a bull market – more than 20% above the last technical bottom after US jobless claims data showed some market normalization of work. At around 7:27 AM, Dow Jones (DOWI:DJI) futures were down 72 points, or 0.21%. S&P 500 futures were down 0.03%, while Nasdaq-100 futures…
-
Crypto this Wednesday: Circle Singapore Gets License From MAS, Mint Square Shuts Down Services, and More
US hearing to discuss future of cryptocurrencies, regulatory clarity The US House of Representatives Financial Services Committee has scheduled a hearing to discuss the future of cryptocurrencies and bring clarity to the digital asset ecosystem. The aim is to provide regulatory guidance and address critical issues such as investor protection and innovation. The hearing will take place…
-
Wednesday’s Wall Street Highlights: Netflix, Diageo, Mondee Holdings, Yext and more
US Index Futures traded close to flat on Wednesday as investors digested weak China trade balance data. At around 7:25 AM, Dow Jones (DOWI:DJI) futures were down 20 points, or 0.06%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were flat. The 10-year Treasury yield was at 3.683%. West Texas Intermediate crude rose 1.03% to settle at $72.48…
-
Crypto this Tuesday: SEC Sues Coinbase, Swift and Chainlink Join Forces, and More
Coinbase shares drop after SEC legal actions Shares in Coinbase Global Inc (NASDAQ:COIN) are down more than 11% at press time on June 6, as the cryptocurrency exchange is the subject of legal action by the SEC, which alleges unregistered operations. SEC Chairman Gary Gensler commented: “ Coinbase’s alleged flaws deprive investors of critical protections, including rulebooks…