ADVFN US – Market Content Editor
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Mixed Inflation Data May Lead To Initial Pullback on Wall Street
The major U.S. index futures are currently pointing to a lower open on Wednesday, with stocks likely to give back ground after moving mostly higher over the two previous sessions. The futures remained in negative territory following the release of the Labor Department’s closely watched report on consumer price inflation in the month of August.…
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U.S. Futures Drop Ahead of Inflation Data; Oil Rises on Hurricane Francine
U.S. index futures fell in pre-market trading on Wednesday as investors await the August inflation report and assess the presidential debate between Donald Trump and Kamala Harris. At 5:24 AM, Dow Jones futures (DOWI:DJI) fell by 199 points, or 0.49%. S&P 500 futures lost 0.41%, and Nasdaq-100 futures dropped 0.46%. The 10-year Treasury yield stood…
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GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial
GameStop (NYSE:GME) – GameStop announced an offering of up to 20 million shares. In Q2, GameStop reported revenue of $798.3 million, compared to $1.16 billion in the same period last year. Net income was $14.8 million (4 cents per share), while the prior year showed a $2.8 million loss (1 cent per share). Analysts expected…
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Nasdaq, S&P 500 Add To Yesterday’s Gains But Dow Gives Back Ground
Stocks fluctuated over the course of the trading session on Tuesday but managed to end the day mostly higher. The Nasdaq and the S&P 500 added to the strong gains posted during Monday’s session, although the narrower Dow bucked the uptrend. The Nasdaq and the S&P 500 saw further upside going into the close, reaching…
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Nansen Acquires StakeWithUs; Polygon Labs Launches Crypto Chip; Bitcoin ETFs See Positive Inflows
Nansen acquires StakeWithUs to expand staking services Nansen has acquired the staking platform StakeWithUs to diversify its services by offering non-custodial staking for over 20 assets. The transaction value was undisclosed. This acquisition aims to broaden Nansen’s support for blockchain ecosystems and integrate new blockchains, such as Berachain, into its platform. Nansen will also become…
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Futures Pointing To Extended Rebound On Wall Street
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to add to the strong gains posted in the previous session. Traders may continue to pick up stocks at somewhat reduced levels, as the major averages remain well off their recent highs even after yesterday’s rally. Optimism about…
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US Index Futures Drop Amid Economic Report Caution; Oil Prices Fall
U.S. index futures dropped in pre-market trading on Tuesday, reflecting investor caution ahead of upcoming economic reports and a potential interest rate decision. At 5:04 AM, Dow Jones futures (DOWI:DJI) fell 54 points, or 0.13%. S&P 500 futures lost 0.18%, and Nasdaq-100 futures dropped 0.39%. The 10-year Treasury yield stood at 3.708%. In today’s U.S.…
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Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9%
Apple (NASDAQ:AAPL) – The European Court of Justice ruled against Apple in a tax case regarding benefits received in Ireland, potentially leading to the recovery of up to $14.4 billion in back taxes. This decision follows a long dispute beginning in 2014 with an EU investigation. Apple launched the iPhone 16 yesterday, featuring AI and…
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U.S. Stocks Show Strong Move Back To The Upside
Following the sell-off seen in the previous week, stocks showed a strong move back to the upside during trading on Monday. The major averages all moved sharply higher over the course of the session. The major averages pulled back off their highs of the session in afternoon trading but remained firmly positive. The Dow surged…
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BTC ETFs Lost $1.2B in September; Leak Suggests Chainalysis Can Track Monero, and Latest in Crypto
Leak suggests Chainalysis can trace Monero transactions A leaked video from Chainalysis indicates that despite Monero’s (COIN:XMRUSD) reputation for privacy, its transactions may be traceable. The video, which was removed, shows methods like using malicious Monero nodes to capture IP addresses and transaction data. While this raises concerns, some believe these methods could actually improve…