Equities ended the week on an up note thanks to some of the market's biggest names.
Disappointing readings on GDP and inflation helped tank equities.
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff […]
Stock market futures are indicating a lower open today. The S&P 500 futures are down by 22 points, or 0.5%, Nasdaq 100 futures have dropped 123 points, or 0.7%,
Netflix’s first-quarter earnings report on Thursday (April 18) paints a picture of success, with nearly 270 million paying customers globally and a 15% year-over-year surge in revenue. Operating income soared by 54% to hit $2.6 billion, fueled by subscriber fees and its burgeoning ad business. This significant growth not only reaffirms Netflix’s dominance in the […]
While Alphabet briefly hit this mark in 2021, Google has now surpassed it comfortably, maintaining this valuation for an entire day.
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]
The CEO of Tesla Inc, Elon Musk, has moved ahead of Meta CEO Mark Zuckerberg to claim the title of the world's third-richest billionaire, following a resurgence in Tesla's stock value. read more
The owner of a premium hospitality investment group which is targeting revenue of £100m over the next three years has said operators in the casual dining market have gotten “lazy” because of private equity backing.
Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 3,344,212 shares were traded during mid-day trading, an increase of 383% from the previous session’s volume of 692,679 shares.The stock last traded at $24.09 and had previously closed at $24.18. Dimensional Emerging Core Equity Market […]
It's been five years since Canada stepped into the forefront of cannabis legalization, setting a significant precedent in the realm of drug policy. With Canada and 24 US states now embracing recreational cannabis, the battle against the illegal market remains a key concern, one highlighted in the federal government's final report on the Cannabis Act.
US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.