Day: October 4, 2022
The Dow Jones Industrial Average DJIA, +2.19% surged 722 points, or 2.5%, to extend the previous session’s 765-point bounce off the 17-month closing low on Sept. 30. The two-day, 1,487-point rally takes the Dow back above the June 17 closing low of 29,888.78, the break below of which on Sept. 23 helped kick off a […]
The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with the OneOf Web3 music platform. 821 Total views 19 Total shares This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned […]
Shares of Digital World Acquisition Corp. DWAC, -3.10%, the special-purpose acquisition company, or SPAC, buying the company behind Donald Trump’s Truth Social social-media company, fell 4% Tuesday after news that Elon Musk is now offering to acquire Twitter Inc. TWTR, +12.67% at the original offer price of $54.20 a share. Musk agreed in April to […]
Micron Technology Inc. MU, +5.49% announced Tuesday plans to invest up to $100 billion over the next 20 years to build the U.S.’s largest semiconductor fabrication facility in central New York. The memory chip company’s stock surged 4.4% in morning trading, and has run up 10.0% amid a three-day win streak. Micron said the new […]
Ford Motor Co. F, +7.02% said Tuesday that September U.S. vehicles sales fell 8.9% from a year ago to 142,644 vehicles, as a big drop in truck sales offset a near tripling in electric vehicle sales. The auto maker’s stock charged up 5.3% in morning trading, after rallying 2.4% on Monday to bounce off Friday’s […]
California members of Congress Scott Peters, a Democrat, and Doug LaMalfa, a Republican, on Monday introduced a bill called the Targeting and Offsetting Existing Illegal Contaminants (TOXIC) Act to combat use of illegal and toxic pesticides by unregulated cannabis growers in the U.S. The measure would authorize $250 million over five years for the U.S. […]
General Motors Corp. GM, +7.27% on Tuesday named entrepreneur, venture capitalist and former Tesla Inc. TSLA, +5.68% and Lyft Inc. LYFT, +6.53% executive Jonathan McNeill to its board. “I am excited to help GM unlock the opportunities enabled by its transformative investments in technology,” McNeill said in a statement. McNeill’s lengthy resume includes serving on […]
Citi analyst Keith Horowitz on Tuesday launched a “positive catalyst watch” on buy-rated JPMorgan Chase & Co. JPM, +4.35% ahead of the Dow Jones Industrial Average DJIA, +2.57% component’s earning update on Oct. 14. “We believe a 3Q earnings beat on the top line will lead to upward revisions on full-year guidance and imply a […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, after reaching the predicted downside target at 0.9554, EURUSD is forming the first ascending structure towards 0.9954. Later, the market may resume trading downwards to reach the key target at 0.9388 and then start a new growth towards 1.0360. GBPUSD, “Great Britain […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9760 and then resume moving upwards to reach 1.0085. Another signal in favour of a […]
