Stocks fell sharply Tuesday, with the tech-heavy Nasdaq Composite leading the way among major indexes after remarks by Federal Reserve Gov. Lael Brainard sparked a jump in Treasury yields. The Dow Jones Industrial Average DJIA, -0.80% fell around 280 points, or 0.8%, to close near 34,642, according to preliminary figures, while the S&P 500 SPX, […]
The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership. 483 Total views 7 Total shares Skybridge Capital founder Anthony Scaramucci believes the blockchain industry has a very bright future, but he is concerned about the “very weak leadership” in American […]
The U.S., in coordination with other G-7 nations and the European Union, will announce new sanctions on Russia on Wednesday over Moscow’s invasion of Ukraine, the White House said. “This will include a ban on all new investment in Russia and increase sanctions on financial institutions and state-owned enterprises in Russia, and sanctions on Russian […]
Type: Bearish DipKey Levels:Resistance: 25.005Pivot: 24.665Support: 24.050Preferred Case:Prices are approaching a pivot. We see the potential for a dip from our Pivot at 24.665 in line with 50% Fibonacci Retracement towards our 1st support at 24.050 in line with 61.8% Fibonacci Projection . Our bearish bias is further supported by prices trading below our Ichimoku […]
Risk Assets Lacking Bullish Momentum Following Russian Atrocities NewsA quiet but mostly positive start to the week for global equities markets. Risk assets remain supported despite fears of harsher sanctions to be applied to Russia in the wake of news of the Bucha atrocities. Reports over the weekend confirmed mass civilian murders carried out by […]
The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities. 612 Total views 7 Total shares Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans […]
Spirit Airlines Inc. SAVE, +22.42% said late Tuesday it has received an “unsolicited” bid from JetBlue Airways Corp. JBLU, -7.08% to acquire the ultra low-cost air carrier in an all-cash deal for $33 a share. Spirit’s board “will work with its financial and legal advisors to evaluate JetBlue’s proposal and pursue the course of action […]