Day: September 15, 2022

Sep 15
Norwegian town wants ‘noisy’ Bitcoin miners out, experts respond

A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns. 2218 Total views 16 Total shares There’s a new Bitcoin (BTC) energy FUD in town: noise. In Sortland, a Norwegian municipality, locals are waging war on Bitcoin miners to thwart further BTC […]

Sep 15
REIT Store Capital agrees to be acquired by GIC and Oak Street in all-cash deal valued at $14 billion

Store Capital Corp. STOR, -1.18%, a Scottsdale, Ariz.-based real estate investment trust, said Thursday it has agreed to be acquired by Singaporean sovereign fund GIC and Oak Street in an all-cash deal valued at about $14 billion. Oak Street is a unit of Blue Owl, a net lease investor. Under the terms of the deal, […]

Sep 15
PFizer announces positive results in late-stage trial of meningococcal vaccine candidate in adolescents

Pfizer Inc. PFE, -0.09% on Thursday announced positive results from a late-stage trial of a meningococcal vaccine candidate called MenABCWY in adolescents and said it will submit an application for approval to the U.S. Food and Drug Administration in the fourth quarter. Meningococcal disease is a relatively rare but serious illness caused by a bacteria […]

Sep 15
Southwest Airlines seeing ‘strong’ revenue trends as leisure travel tops expectations

Shares of Southwest Airlines Co. LUV, +1.44% rose 0.5% in premarket trading Thursday, after the air carrier said it was seeing “strong” revenue trends for the third quarter, boosted by better-than-anticipated leisure travel and “strong travel demand” for the Labor Day holiday weekend. The company revised its third-quarter revenue guidance to 9% to 11% growth […]

Sep 15
Ares marshals capital and celebrities for inaugural sports and media investment fund

Ares Management Corp. ARES, +0.91% said Thursday it has gathered $3.7 billion of capital to invest exclusively in sports leagues and teams and sports-related franchises, as well as media and entertainment companies. The first Ares Sports, Media and Entertainment Finance (SME) fund is comprised of nearly $2.2 billion in equity commitments. Including anticipated leverage and […]

Sep 15
Commercial landscaper BrightView to add more than 250 hybrid vehicles to fleet

BrightView Holdings Inc. BV, -1.10% said Thursday it is adding more than 250 hybrid vehicles to its management fleet in an effort to curb greenhouse gas emissions. The commercial landscaping company said the move will boot its total fleet of electric and hybrid cars to nearly 700 by end 2023. The new vehicles include Ford […]

Sep 15
Railroad stocks rally after strike averted, to provide a big boost to the Dow transports

Shares of railroad operators rallied in premarket trading Thursday, after a railway strike was averted as the White House said a tentative deal has been reached. Shares of CSX Corp. CSX, -1.05% jumped 3.2% ahead of the open, Union Pacific Corp. UNP, -3.69% climbed 3.5% and Norfolk Southern Corp. NSC, -2.16% hiked up 1.7%. The […]

Sep 15
Market Spotlight: CADCHF Trend Line Break on Watch

CADCHF Looking to Break Lows CADCHF shorts look good here. The market has been grinding lower from the May highs and has now broken below the rising trend line from 2020 lows. The retail market is more than 90% long the pair, suggesting plenty of room for the current breakdown to continue. While the BOC […]

Sep 15
E-mini Natural Gas Futures (QG1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 9.250 Pivot: 8.945 Support: 8.495 Preferred Case:On the H4, with the Stoch is over 80 and the price dropping from the 1st resistance, we have a bearish bias that the price may drop from the pivot at 8.945, which is in line with the 23.6% fibonacci retracement and overlap resistance […]

Sep 15
Ethereum community wastes no time minting PoS NFTs right after the Merge

The Merge happened, and now the community watches like proud parents as Ethereum takes its first steps as a proof-of-stake consensus. 295 Total views 4 Total shares The long-awaited Ethereum Merge has happened, and the community can’t sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token (NFT) on […]