Tag: NYSE:BLK
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Crypto This Thusday: Worldcoin launches World ID and integrates Okta in Germany, UK enacts crypto law, and more
DeFi Compound token rises 60% buoyed by Binance exits Decentralized finance (DeFi) protocol token Compound (COIN:COMPUSD) has seen an increase of over 60% in one week, driven by an increase in volume and outflows on Binance. The token is up more than 26% in the last 24 hours. From a low of $22.89 on June 10, the…
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Thursday’s Wall Street Highlights: Apple, BlackBerry, Joby Aviation, Virgin Galactic and More
US Index Futures rose on Thursday, with shares of microchip makers higher in premarket. Other markets operated without direction this morning, Asian stocks closed generally in the red and European stocks registered slight gains, driven by shares of the public utilities, technology and banking sectors. By 07:01 AM, Dow Jones (DOWI:DJI) futures are up 101 points, or…
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Crypto This Tuesday: Fidelity Plans Spot BTC ETF, Robinhood Lays 150 Employees, and More
Bitcoin reacts after reports Fidelity plans to apply for Bitcoin ETF The price of Bitcoin (COIN:BTCUSD) surged following reports that asset management firm Fidelity was planning to apply for a spot Bitcoin ETF. While there was a brief increase to $31,000, it soon returned to $30,500. Fidelity had previously tried to apply for an ETF in 2021,…
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Tuesday’s Wall Street Highlights: Walgreens, Lordstown Motors, AMD and more
US stock futures show timid signs of recovery after Chinese Premier Li Qiang’s speech at the World Economic Forum, announcing the country’s intention to implement new, “more effective” measures to boost domestic demand. The sectors with the best pre-market performances are telephony, technology and energy. By 07:02 AM, Dow Jones (DOWI:DJI) futures were up 3 points, or…
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Friday’s Wall Street Highlights: Ford Motor, Meta Platforms, 3M, Conformis and more
Worries about demand and a slowing economy weigh on US Index Futures and European stocks as central banks in Europe and the US indicate a leaning towards raising interest rates to ensure inflation converges towards the goal. By 07:27 AM, Dow Jones futures (DOWI:DJI) fell 90 points, or 0.26%. S&P 500 futures were down 0.41%, while…
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Crypto This Wednesday: BTC Jumps, Jerome Powell Emphasizes Stablecoin Oversight, And More
Jerome Powell Highlights Oversight of Stablecoins as “Form of Money” US Federal Reserve Chairman Jerome Powell has stated that the regulator considers stablecoins to be a “form of money” and believes that central banks should oversee them. He made this statement during a hearing in response to Congresswoman Maxine Waters, who questioned whether stablecoin issuers should…
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…
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Crypto This Thursday: BlackRock Plans to Launch BTC ETF, New York Banned CoinEx, and More
BlackRock Plans to Launch Bitcoin ETF Amid Regulatory Investigations BlackRock (NYSE:BLK) is close to applying for a bitcoin ETF, using offline storage solution Coinbase Custody and market data from the cryptocurrency exchange, according to CoinDesk. This decision comes amid regulatory investigations into the cryptocurrency industry in the US. CoinEx banned from operating in New York and…
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Thursday’s Wall Street Highlights: Adobe, MicroVision, XPeng, Tesla, Citigroup and More
US Index Futures are operating at lows, still under the effect of signals from the Federal Reserve yesterday that new interest rate hikes are yet to come, and before the decision of the European Central Bank for the interest rate in the Euro Zone. By 7:00 AM, Dow Jones futures (DOWI:DJI) was down 73 points,…
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Tuesday’s Wall Street Highlights: CPI, Manchester United, Oracle, Toyota, Apple and more
The inflation rate hit its lowest annual level in about two years in May, with the CPI rising just 0.1% for the month. However, excluding food and energy, core inflation rose 0.4% on the month and 5.3% year-on-year. These numbers are in line with consensus estimates. At around 8:32 AM, Dow Jones (DOWI:DJI) futures were up 23 points,…