Tag: NYSE:JPM
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Crypto: Tokenized Fund Earns Moody’s AA Rating, Binance Contemplates Privacy Token Removal, and Latest Updates
Bitcoin recovers after a drop due to leveraged liquidations Bitcoin (COIN:BTCUSD) has shown a slight recovery, trading just above $44,000, after dropping by up to 7% on Wednesday due to leveraged liquidations. Increased leverage and a non-consensus report from Matrixport contributed to the cascade liquidation, resulting in the elimination of nearly $560 million in long…
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Wall Street Highlights: Tesla’s Competition with BYD, JPMorgan Stocks Achieve New Records, and More
U.S. index futures show a decline in Wednesday’s pre-market trading, a direct reaction to the performance of the Nasdaq Composite, which faced its most challenging session since October in the previous session. At 05:10 AM, the Dow Jones futures (DOWI:DJI) fell 75 points, or 0.20%. The S&P 500 futures fell 0.25% and the Nasdaq-100 futures…
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Google $700M Antitrust Settlement, TSMC Chairman Retirement, Tesla Nevada Wage Hike, and More
U.S. index futures maintain stability in Tuesday’s pre-market, on a day with few scheduled economic events. As of 05:28 AM, the futures of the Dow Jones (DOWI:DJI) rose 17 points, or 0.05%. The futures of the S&P 500 rose 0.06% and the futures of the Nasdaq-100 rose 0.03%. The yield rate of 10-year Treasury bonds…
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Illumina’s Grail Divestment, Arm’s China Layoffs, IBM’s Software AG Acquisition, and More
U.S. index futures started the week in positive territory on Monday, after the three major indices recorded seven consecutive weeks of gains. At 5:10 AM, Dow Jones futures (DOWI:DJI) rose 64 points, or 0.17%. S&P 500 futures rose 0.21%, and Nasdaq-100 futures rose 0.12%. The yield on 10-year Treasury bonds was at 3.898%. In the…
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Crypto: BONK Price Soars Following Coinbase Listing, JPMorgan Predicts Ethereum Dominance in 2024, and More
Bitcoin boosts the crypto market with a $40 billion surge Following recent statements by Jerome Powell, the chairman of the Federal Reserve, financial markets reacted with expectations of seven interest rate cuts in 2024, with the federal funds rate potentially reaching between 3.50% and 3.75%. This prediction boosted several indices, with the Dow Jones surpassing…
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Crypto: BlackRock’s Bitcoin ETF Adaptation for Wall Street Banks, FIFA’s NFT Launch, and More
Bitcoin and cryptocurrencies show resilience after drop After one of the worst drops this year, Bitcoin (COIN:BTCUSD) and other cryptocurrencies showed a slight recovery, maintaining significant gains since April 2022. The anticipation of a Bitcoin ETF in the US and a favorable macroeconomic context, with signs of slowing inflation, have boosted values. US CPI inflation…
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Hasbro Job Cuts, Oracle’s Stock Decline, Google’s Epic Antitrust Loss, and More
U.S. index futures were slightly up in pre-market trading this Tuesday, focusing on consumer inflation and the Federal Reserve meeting. Expectations for rate cuts by the Fed next year have decreased, with the markets foreseeing a 45% chance of a cut in March, down from 57% the previous week, according to the CME FedWatch tool.…
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Apple Boosts Vietnam Production, Broadcom Revenue Miss, Stellantis Job Cuts – Latest Updates
U.S. index futures showed minimal changes in the pre-market this Friday, as investors maintained a cautious stance while awaiting the release of a crucial report on employment in the U.S. As of 06:01 AM, Dow Jones futures (DOWI:DJI) rose by 28 points, or 0.08%. S&P 500 futures increased by 0.06%, and Nasdaq-100 futures fell by…
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Crypto This Thursday: FCA Warns Against Poloniex, Robinhood Debuts in EU, and More
US jobs report could heavily impact Bitcoin and markets Bitcoin’s recent rise was influenced by falling interest rates, which also benefited traditional markets. Recently, the cryptocurrency market has shown remarkable growth, with Bitcoin, the largest cryptocurrency, exceeding large companies in market capitalization such as Tesla (NASDAQ:TSLA) and Visa (NYSE:V). Bitcoin has reached a market capitalization…
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Mastercard Boosts Buyback and Dividends, Bill Holdings Cuts Jobs, BOX, Asana, MongoDB Dip in Pre-Market, and Latest News
U.S. index futures are slightly up in Wednesday’s pre-market, with investors awaiting new employment data, and the Dow and S&P 500 recovering part of the drop from the last two days. At 5:53 AM, Dow Jones futures (DOWI:DJI) rose 47 points, or 0.13%. S&P 500 futures rose 0.26% and Nasdaq-100 futures increased by 0.37%. The…