Category: Latest News

U.S. index futures are down in pre-market trading this Monday, marking the start of a week highlighted by the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. According to the CME FedWatch tool, markets are now pricing in only one interest rate cut this year, expected in November. As of 6:39 AM, Dow…

Telegram launches “Telegram Stars” to facilitate in-app payments Telegram announced the launch of “Telegram Stars,” a new in-app token intended for purchasing digital goods and services. Pavel Durov, the company’s CEO, highlighted that the token allows simplified transactions in mini-apps, with the possibility of conversion to Toncoin (COIN:TONCOINUSD). Additionally, developers can use Stars to promote…

Braze (NASDAQ:BRZE) – Braze reported an adjusted loss of 5 cents per share in the first quarter, better than the expected loss of 10 cents per share projected by analysts, according to LSEG. Revenue reached $135 million, exceeding expectations of $132 million. The cloud-based software company forecasts an adjusted loss per share of $0.03 to…

Binance reactivates cryptocurrency purchases with Mastercard Binance, the largest cryptocurrency exchange by volume, has announced the reactivation of Mastercard (NYSE:MA) for cryptocurrency purchases. According to a statement on the X platform, the functionality has been restored with a single purchase limit of up to 5,000 euros, about $5,440, and $20,000 for transactions in U.S. dollars.…

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st. The Labor Department said initial jobless claims climbed to 229,000, an increase of 8,000 from…

The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction following the rally seen over the course of the previous session. Traders may take a step back to assess the outlook for the markets following yesterday’s surge, which lifted the Nasdaq…

Nvidia (NASDAQ:NVDA) – The AI chip manufacturer is now the second most valuable company in the world after reaching a record market value, surpassing $3 trillion and Apple (NASDAQ:AAPL). With growing demand for its AI chips, the company is also preparing for a ten-for-one stock split, increasing interest from individual investors. This valuation increase in…