Day: September 20, 2022
Shares of Etsy Inc. ETSY, -3.01% slumped 3.2% in morning trading Tuesday, after the BofA Securities analyst Curtis Nagle’s lackluster call on the online crafts marketplace, calling the company an “eclectic, high margin” e-commerce company, but “not at a bargain price.” Nagle initiated Etsy with a neutral rating and stock price target of $120, as […]
Capital markets issuance by U.S. banks fell to $4.65 billion in August, down nearly 28% from year-ago levels and a drop of 64% from July, S&P Global Market Intelligence said Tuesday. Senior debt remained the largest deal type in August with $3.2 billion, down 72% from July’s total of about $12 billion. Issuance of subordinated […]
Nasdaq Inc. NDAQ, -1.61% said Tuesday it’s launching its Nasdaq Digital Assets unit to offer proprietary custody services with liquidity and execution services for financial institutions. Nasdaq named Ira Auerbach as senior vice president and head of digital assets. He has joined Nasdaq from Gemini, where he most recently worked as global head of Gemini […]
Shares of Change Healthcare Inc. CHNG, +6.28% jumped 7.0% in premarket trading on Tuesday, the day after a federal judge ruled in favor of UnitedHealth Group’s UNH, -0.34% acquisition of the company, according to media reports. The Justice Department had tried to block the deal. Change’s stock is up 19.1% this year, while the broader […]
U.S. stocks opened lower Tuesday as the Federal Reserve heads into a two-day policy meeting and Treasury yields continue their climb amid expectations the Fed will announce another large interest rate hike. The Dow Jones Industrial Average DJIA, -1.05% was down 0.8% soon after the opening bell, while the S&P 500 SPX, -0.99% dropped 0.8% […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 0.9992; it has already expanded the range up to 1.0049 and is currently falling to return to 0.9992. If later the price breaks this range to the downside, the market may form a new descending wave to reach 0.9800; if to the upside – resume […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to break 2/8 and continue falling to reach the support at 0/8. However, this scenario may no longer be valid […]
The CEO of Wintermute has stated that it is “open” to treating the hack as a white hat hack and would speak to the attacker. 1987 Total views 31 Total shares Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks, losing approximately $160 million, according to […]
Shares of Huntsman Corp. HUM, +1.67% slumped 3.1% toward a 13-month low in morning trading Tuesday, after J.P. Morgan turned bearish on the chemical products company, citing concerns over slowing demand. Analyst Jeffrey Zekauskas cut his rating to underweight, after being at neutral for at least the past 2 1/2 years, and dropped his stock […]
Shares of Compass Inc. rallied 2.2% in premarket trading Tuesday, after the online real estate platform said it will cut jobs as part of a cost-cutting plan. The company did not detail the number of employees that will be laid off, but said a “significant portion” will in the product and engineering team. The company […]
