Category: Include on Menu
-
Crypto This Friday: Executives Resign at Binance, Aptos Network Compromised, and More
BitMEX Co-Founder predicts Bitcoin elected by AI and hitting $760,000 According to Arthur Hayes, co-founder of the BitMEX exchange, Bitcoin (COIN:BTCUSD) will become the artificial intelligence (AI) currency, with a potential to reach $760,000 per coin. Hayes argues that as AI becomes prevalent, Bitcoin will become the logical choice of currency due to its unique qualities…
-
Futures Turn Positive Following Closely Watched Jobs Report
US Market The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. The futures turned positive as the Labor Department’s closely watched monthly jobs report showed employment increased by less than expected in June, easing concerns about…
-
Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
-
North American Morning Briefing: Focus Fixed on Jobs Report
Market Wraps Watch For: Employment Report for June; Canada Labour Force Survey for June Today’s Headlines/Must Reads – Yellen Says U.S. Doesn’t Seek ‘Winner Take All’ Fight With China – Read the Ingredients Before Buying This $25 Billion ETF – A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom Opening…
-
US Futures, European Stocks Slip as Focus Turns to US Jobs Report
In the U.S., futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Scatec rose 5.8% and Coca-Cola HBC added 3.9%. On the other…
-
Top Company News of the Day: Shell, Clariant, Twitter, Meta, Samsung
Shell to Book Charge as Upstream Output Falls Shell said it expected to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year. Clariant Lowers 2023 Guidance on Disappointing Second Quarter Clariant forecast underlying earnings of CHF650-CHF700 million…
-
U.S. Stocks Close Notably Lower As Data Adds To Interest Rate Worries
Stocks saw significant weakness during trading on Thursday, extending the pullback seen during Wednesday’s session. The major averages regained some ground after an early sell-off but remained notably lower. After tumbling by more than 500 points in morning trading, the Dow ended the day down 366.38 points or 1.1 percent at 33,922.26. The Nasdaq slumped…
-
Crypto This Thursday: BlackRock CEO Supports BTC Accessibility, Circle to Launch Stablecoin in Japan, and More
Circle plans to launch stablecoin in Japan Circle plans to launch a stablecoin in Japan, taking advantage of new regulations in place. CEO Jeremy Allaire sees great potential in Japan if adoption of stablecoins in global commerce increases. He expressed interest in partnerships in the Asian country. Japan implemented a new stablecoin law, becoming one of the first…
-
Ongoing Interest Rate Concerns May Weigh On Wall Street
US Market The major U.S. index futures are currently pointing to a lower open on Thursday, with stocks likely to see further downside following the weakness seen in the previous session. Ongoing concerns about the outlook for interest rates are likely to weigh on Wall Street following the release of a report from payroll processor…
-
Thursday’s Wall Street Highlights: BofA, Meta, Stellantis, American Airlines and more
US Index Futures operated lower on Thursday morning due to concerns arising from the minutes of the last monetary policy meeting in the United States, which raised fears about the cycle of monetary tightening. By 6:42 AM, Dow Jones futures (DOWI:DJI) was down 140 points, or 0.41%. S&P 500 futures were down 0.41%, while Nasdaq-100 futures…