Day: July 18, 2022

Jul 18
Otherside Metaverse demo kicks off with 4,500 participants: highlights

Around 4,500 people have jumped into the “first trip” tech demo of the Otherside Metaverse project associated with Yuga Labs’ Bored Ape Yacht Club (BAYC). The highly anticipated first trip occurred on Saturday and was open to Otherdeed nonfungible token (NFT) land owners, known as Voyagers, who have all snapped up tokenized land plots in […]

Jul 18
GSK spinoff Haleon starts trading in largest European listing in a decade

Europe’s biggest listing in a decade, Haleon, started trading on the London Stock Exchange on Monday. Haleon in the consumer-health business spinoff of GSK GSK, -19.64%. The combined price of Haleon, 331.7 pence, and the remaining GSK, 1,383.40 pence, of 1715.10 pence, compares to GSK’s Friday close of 1,719.20 pence. Haleon will start trading on […]

Jul 18
BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD is showing some much needed strength prior to the July 18 Wall Street open. Last […]

Jul 18
JPMorgan lifted to hold from sell at Berenberg, because ‘good banks have bad years’

JPMorgan Chase & Co. JPM, +4.58% was upgraded to hold from sell by Berenberg, analyst Peter Richardson, who said downside risks to shares are more limited now, following disappointing results last week. “JPMorgan is operating in a difficult environment. Global uncertainty has rapidly reduced investment banking activity, and the bank’s current sources of strength, in […]