Author: Fernanda T
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Friday’s Wall Street Highlights: Disney, Occidental Petroleum, Alibaba, Farfetch and more
The US Index Futures point to a slight increase and are still trying to extend yesterday’s gains, when optimism prevailed with the signs of progress in negotiations on raising the debt ceiling in the United States. By 6:46 AM, Dow Jones futures were up 34 points, or 0.10%. S&P 500 futures were up 0.11%, while Nasdaq-100…
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Crypto this Thursday: Coinbase Cloud Joins Chainlink, Hong Kong Launches e-HKD Pilot Program, and More
Hong Kong launches e-HKD pilot program Hong Kong has started testing its local digital currency, the e-HKD, allowing the public to shop, dine out and transfer money. Sixteen banks and selected companies will participate in the test to explore different use cases such as online payments, in-store payments and collecting government payments. Test results will be released…
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Thursday’s Wall Street Highlights: Walmart, Alibaba, Deutsche Bank, Snowflake and more
US Index Futures were mixed on Thursday, on optimism that talks to raise the country’s debt ceiling are progressing, and traders digesting gains from Walmart and Alibaba, as well as reports of weekly unemployment claims numbers, the Philadelphia Fed’s manufacturing survey numbers for May, and awaiting existing home sales data for April. By 08:45 AM,…
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Crypto this Wednesday: Axie Infinity on App Store, Tether to Strengthen Reserves with BTC, and More
Axie Infinity game launched on the App Store in Latin America and Asia Sky Mavis is launching its Axie Infinity: Origins card game on the Apple (NASDAQ:AAPL) App Store, expanding its availability in key markets where it is popular. The AXS token (COIN:AXSUSD) reacted, up 6.73% over the last 24 hours to $7.29. The strategic card-based game…
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…
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Crypto this Tuesday: European Regulation Approves MiCA, Countdown to BTC Halving, and More
Bitcoin Halving: Less than 50,000 Blocks Remaining Bitcoin (COIN:BTCUSD) halving is approaching, with less than 50,000 blocks to go. Slated to take place on April 22, 2024, the event will cut the mining block reward in half. The Bitcoin community is looking forward to it, as previous halvings have been linked to a possible rise in price. However,…
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Tuesday’s Wall Street Highlights: Retail Sales, Amgen, Activision Blizzard, Capital One and More
Tuesday’s pre-market was marked by a climate of uncertainty in financial markets, with US Index Futures falling. All eyes on Wall Street were focused on an important meeting between Congressional leaders and President Joe Biden, at which the central issue was the US debt ceiling. By 08:30 AM, Dow Jones futures were down 94 points, or…
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Crypto this Monday: LTC rises with NFT market entry, Samsung and BOK Together for CBDC, and More
SEC revises $22 million fine against LBRY SEC seeks to reduce fine from $22 million against platform LBRY to $111,614 due to lack of company funds. LBRY claims to be financially ruined and alleges that the amount originally required by the SEC was overstated. ”The Commission acknowledges LBRY’s representations that it is bankrupt, ceasing operations and…
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Monday’s Wall Street Highlights: Amazon, Oneok, Vice Media, Athenex and more
US Index Futures rebounded on Monday after the Dow Jones and S&P 500 posted second straight weekly losses. Investors are adopting a more optimistic tone as talks progress among US policymakers on a solution to the debt ceiling impasse. By 7:54 AM, Dow Jones futures were up 121 points, or 0.36%. S&P 500 futures were up 0.34%,…
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Crypto This Friday: Silvergate Delisted by NYSE, Animoca Brands Financial Position and More
BTC drops below $27,000 on US regulatory crackdown Cryptocurrency prices have plummeted due to regulatory and tight supply pressure from major market makers. Bitcoin (COIN:BTCUSD) is down 2.6% over the past 24 hours to $26,301, while Ether (COIN:ETHUSD) lost 1.6% to trade at $1,766. Chart analysts highlight $25,200 as a threshold before a more significant drop, according…