Day: April 8, 2022

Apr 08
Gold futures log highest finish in a week

Gold futures on Thursday marked their highest settlement in a week, with geopolitical risks providing some underlying support for gold, said Edward Moya, senior market analyst at OANDA. “If the next round of sanctions from the [European Union] against Russia are hard-hitting, gold could have a meaningful rally out of its trading range,” he said. […]

Apr 08
Terra buys $200M in AVAX for reserves as rival stablecoins emerge

The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. 1687 Total views 14 Total shares Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX […]

Apr 08
Beyond Meat to begin selling at 2,000 Rite Aid locations

Beyond Meat Inc. BYND, +0.87% announced Thursday that Beyond Meatballs and the Beyond Burger product will be available at about 2,000 Rite Aid Corp. RAD, -17.18% locations around the country. The pharmacy retailer is the latest addition to a long list of restaurant chains and retailers that carry the plant-based meat company’s products. The U.S. […]

Apr 08
Soybean Futures (ZS1!), H1 Potential For Bullish Rise!

Type: Bullish BounceKey Levels:Resistance: 1679Pivot: 1623Support: 1579Preferred Case:With price moving above the Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 1679 in line with the swing high resistance from our pivot of 1623 in line with the 38.2% Fibonacci retracement and the horizontal pullback […]

Apr 08
Light crude oil Futures ( CL1! ), H4 Potential For Further Dips

Type: Bearish DipKey Levels:Resistance: 100.02Pivot: 98.14Support: 90.72Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a dip from our pivot at 98.14 which is a graphical overlap and which is an area of Fibonacci confluences towards our 1st support at 90.72 in line with 100% Fibonacci Projection […]

Apr 08
Lightning to strike Shopify merchants with addition of BTC payments

Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system. Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network. The Lightning Network (LN) is […]

Apr 08
U.S. average life expectancy falls for second consecutive year

The average life span in the U.S. fell in 2021 for a second consecutive year, compounding the effect of a decline in 2020 that was the largest since 1943. Preliminary data, NPR reported citing a new analysis, show the average U.S. life span contracting by just under a half-year in 2021, after a nearly two-year […]

Apr 08
Bitcoin 2022: Thiel calls Buffett ‘sociopathic’, Mexican billionaire has 60% in BTC

The Bitcoin 2022 conference was packed with new announcements, however Peter Thiel stole the show by throwing $100 bills into the crowd and calling Warren Buffet a “sociopathic grandpa.” 702 Total views 44 Total shares Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and […]

Apr 08
WeWork CEO Mathrani’s total 2021 compensation is nearly triple the year before

WeWork Inc. WE, -5.18% disclosed Thursday that Chief Executive Sandeep Mathrani total compensation for 2021 was nearly triple that of 2020, boosted by more than $19 million in cash bonuses and stock awards. Mathrani became CEO of WeWork in February 2020, and chairman in March 2022. In the co-working space rental company’s 2021 proxy statement, […]

Apr 08
Biogen stock edges lower after Medicare restrictions on Aduhelm finalized

Shares of Biogen Inc. BIIB, +0.92% fell 0.3% in the extended session Thursday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said they had finalized their policies about covering the biotech’s controversial Alzheimer’s drug Aduhelm and future others. As it signaled in January, CMS said that Food and Drug Administration-approved […]