Day: May 5, 2022
BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. 4417 Total views 31 Total shares Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin […]
Bloom Energy Corp. BE, -6.55% stock dropped more than 8% in the extended session Thursday after the clean-energy company reported a wider-than-expected first-quarter loss and revenue was below estimates. Bloom said it lost $78 million, or 44 cents a share, in the quarter, compared with $25 million, or 15 cents a share, in the year-ago […]
Speech by our Chief Executive, Nikhil Rathi, delivered at the Chartered Institute for Securities & Investment (CISI) 30th anniversary dinner. Speaker: Nikhil Rathi, Chief ExecutiveEvent: CISI 30th anniversary dinnerDelivered: 5 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights We are more resilient to the economic and geopolitical disruptions of today. Digital […]
North East Warrington Credit Union (NEWCU) Limited was placed into administration on 4 May 2022 and has now stopped trading. Mike Dillon and Andrew Poxon of Leonard Curtis Business Rescue and Recovery Limited have been appointed as joint administrators. North East Warrington Credit Union is a financial co-operative owned by its members. It is regulated […]
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. 4479 Total views 119 Total shares Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number 735,000, […]
Dropbox Inc.’s. stock DBX, -4.91% rose 3% in extended trading Thursday after the software company reported fiscal first-quarter revenue that exceeded Wall Street analysts’ forecasts. Dropbox reported net income of $79.7 million, or 21 cents a share, compared with net income of $47.6 million, or 12 cents a share, in the year-ago quarter. Adjusted earnings […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.2870. However, an alternative scenario implies that the asset may […]
EURUSD stopped falling; the asset is recovering after the US Fed’s May meeting. The major currency pair reached stability after the Fed’s meeting. the current quote for the instrument is 1.0598. The US Fed’s meeting, which was highly anticipated, was over yesterday and the results were rather neutral. The regulator raised the benchmark interest rate […]
Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. Under the Act, holders of unclaimed property – like businesses, associations and government organizations – are now required to review their books to search for monetary property that belongs to someone […]
The Fed preferred moderate pace of tightening at the last meeting which contributed to the “sell the facts” market response to the meeting outcome. The Fed hiked interest rate by 50 bp and acknowledged that it will deliver more this year. Given persistence of some pro-inflationary factors (commodity and food inflation, supply disruptions, labor market […]