ADVFN US – Market Content Editor

Bitfarms calls shareholder meeting in response to Riot Platforms’ acquisition attempt Bitfarms (NASDAQ:BITF), a cryptocurrency mining company, has scheduled a shareholder meeting for October 29 in response to a $950 million acquisition bid by Riot Platforms (NASDAQ:RIOT). Riot, which has already attempted to replace Bitfarms’ board members to advance its acquisition bid, faces resistance from…

Following yesterday’s tamer-than-expected consumer price inflation data, the Labor Department released a report on Friday showing producer prices in the U.S. increased by slightly more than expected in the month of June. The Labor Department said its producer price index for final demand rose by 0.2 percent in June following a revised unchanged reading in…

The major U.S. index futures are currently pointing to a roughly flat higher open on Friday, with stocks likely to show a lack of direction following the substantial downturn seen over the course of the previous session. Traders may take a step back following the recent volatility in the markets, which saw stocks surge on…

U.S. index futures are little changed in pre-market trading this Friday, with traders focused on the imminent release of June’s producer price index results and the quarterly earnings reports from financial sector giants. As of 5:52 AM, Dow Jones (DOWI:DJI) futures were up 31 points, or 0.08%. S&P 500 futures gained 0.08%, while Nasdaq-100 futures…

SEC closes investigation on Paxos without enforcement action The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Paxos Trust Company without taking any enforcement action. The investigation, which focused on the stablecoin Binance USD (COIN:BUSDUSD), was closed after a federal judge ruled that BUSD sales did not violate securities laws. Paxos, which…

Consumer prices in the U.S. unexpectedly edged slightly lower in the month of June, according to a highly anticipated report released by the Labor Department on Thursday. The Labor Department said its consumer price index slipped by 0.1 percent in June after coming in unchanged in May. Economists had expected consumer prices to inch up…

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to see further upside following the rally seen over the course of the previous session. The futures turned positive following the release of a highly anticipated Labor Department report showing consumer prices in the U.S. unexpectedly edged slightly…

U.S. index futures registered a decline in pre-market trading this Thursday, ahead of the release of an important inflation report, which could reinforce expectations of an interest rate cut as early as September. At 5:39 AM, Dow Jones futures (DOWI:DJI) fell 50 points, or 0.12%. S&P 500 futures retreated 0.11%, and Nasdaq-100 futures lost 0.10%.…