Tag: NYSE:BK
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ARK Invest Exits BITO ETF Position, Runes Generates $135 Million in 7-Day Fees, and More Crypto News
Bitcoin price stability challenges record ETF outflows Despite significant outflows totaling US$244.49 million from bitcoin ETFs this week, the price of Bitcoin has remained stable around US$64 thousand, showing a 1.01% increase over the last seven days. However, the correlation between bitcoin prices and ETF inflows has decreased, indicating a growing disconnect. Moreover, a substantial…
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U.S. Index Futures Signal Mixed Trading, Oil Prices Dip
U.S. index futures are mixed in pre-market trading this Tuesday, with the Dow Jones aiming to break a six-day losing streak. At 6:26 AM, the Dow Jones futures (DOWI:DJI) were up 65 points, or 0.17%. The S&P 500 futures fell -0.26%, and the Nasdaq-100 futures lost -0.39%. The 10-year Treasury yield was at 4.649%. In…
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Crypto: Toncoin Surges Following Telegram’s IPO Plans, Coinbase Secures $1 Billion via Convertible Bonds, and More News
Toncoin soars after Telegram’s IPO announcement Toncoin (COIN:TONCOINUSD), the cryptocurrency of the TON Network, saw its price surge over 70% in just two days following an announcement by Pavel Durov, founder of Telegram, about plans for an Initial Public Offering (IPO) for the app. Despite the separation of the entities in 2020 due to legal…
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Wall Street Highlights: DocuSign Acquisition Battle, Tesla Berlin Production Halt, and More
In the pre-market on Friday, U.S. index futures are showing mixed behavior, reflecting investors’ caution. The focus is on the awaited Producer Price Index (PPI) report, marking the second major inflation report of the week. The anticipation surrounding the start of the fourth-quarter financial results season is also on the radar, as it offers crucial…
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Alaska Air Acquires Hawaiian Holdings, Spotify Cuts 1,500 Jobs, Uber’s S&P 500 Entry, and More
U.S. index futures are down in Monday’s pre-market trading, reversing some of last week’s gains. This comes amidst growing bets that the Federal Reserve will keep interest rates unchanged at the upcoming monetary policy meeting and initiate a decline next year. Despite efforts by Fed Chairman Jerome Powell to discourage expectations of rate cuts, stating…
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Monday’s Wall Street Highlights: Boeing, Novo Nordisk, Moody’s, StoneCo, and more
In the pre-market on Monday, U.S. index futures are showing a downward trend. Investors are currently assessing the impact of the recent change in the U.S. rating outlook. Additionally, there is growing anticipation for the inflation data, set to be announced tomorrow, which is influencing market decisions. At 05:55 AM, Dow Jones futures (DOWI:DJI) fell…
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Thursday’s Wall Street Highlights: Nvidia, Duolingo, Disney, Virgin Galactic, Applovin, and more
U.S. index futures are mixed in Thursday’s pre-market, reflecting a scenario influenced by both divergent quarterly results and unfavorable economic indicators emerging from China. Investors are eagerly focusing on the upcoming speech by Jerome Powell, Chairman of the Federal Reserve, in search of signals that could guide market trends. At 06:34, Dow Jones futures (DOWI:DJI)…
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Tuesday’s Wall Street Highlights: Snap, Ericsson, NetScout Systems, Baidu, and more
US index futures are declining in Tuesday’s pre-market trading as investors monitor economic data, earnings reports from key companies, and follow developments in the conflict between Israel and Hamas. As of 07:00, Dow Jones futures (DOWI:DJI) dropped by 61 points, or 0.18%. The S&P 500 futures were down by 0.23% and the Nasdaq-100 futures fell…
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Crypto This Tuesday: PayPal Launches Crypto-Dollar Conversion, Franklin Templeton Submits BTC ETF, and More
Bitcoin movement follows varied perspectives On September 12, Bitcoin (COIN:BTCUSD) attempted to consolidate above $26,000, generating optimism among investors. Records indicated that Bitcoin maintained much of its 24-hour advance, reaching 5.5% at one point. Jelle, a renowned trader, showed enthusiasm for a retest of the $27,000 level. Meanwhile, Crypto Ed projected a possibility of reaching $28,000 in the…
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Tuesday’s Wall Street Highlights: Alphabet, Verizon, Joann, Intel, Catalent, and more
US Index Futures are marginally lower in Tuesday’s premarket, awaiting important economic data, which may define the trajectory of interest rates around the world. By 6:51 AM, Dow Jones futures (DOWI:DJI) were down 7 points, or 0.02%. S&P 500 futures were down 0.01% and Nasdaq-100 futures were down 0.01%. The 10-year Treasury yield was at 4.21%. On…