Day: October 12, 2022

Oct 12
Tap-to-pay Bitcoin Lightning Bolt cards strike El Salvador

CoinCorner, a Bitcoin Lightning-based card payment service provider, is looking to install NFC card readers across El Salvador to offer a seamless retail BTC ex… Source: Cointelegraph

Oct 12
USDA cuts forecast for U.S. wheat exports to lowest in over 50 years

The U.S. Department of Agriculture lowered its 2022/2023 outlook for U.S. wheat exports by 50 million bushels to 775 million bushels, according to a report released Wednesday. That would be the lowest amount of domestic wheat exports since the 1971/1972 marketing year, the government agency said. The USDA cited “reduced supplies, slow pace of export […]

Oct 12
FDA said children between 6 and 17 can get Moderna’s new COVID-19 booster

Shares of Moderna Inc. MRNA, +10.92% soared 9.4% in trading on Wednesday after the Food and Drug Administration said children between the ages of 6 and 17 years old can now get the bivalent COVID-19 booster developed by the company. The regulator also said that children between the ages of 5 and 11 years old […]

Oct 12
Pfizer, BioNTech stocks surge after FDA grants emergency use of BA.4, BA.5 adapted booster shots in children

Shares of Pfizer Inc. PFE, +1.28% climbed 2.2% and BioNTech SE BNTX, +6.83% hiked up 5.5% in morning trading Wednesday, after the companies said the U.S. Food and Drug Administration has granted Emergency Use Authorization (EUA) for its omicron bivalent COVID-19 booster vaccine for children aged 5 through 11. The drug makers said pending recommendation […]

Oct 12
U.S. stocks open lower after hotter-than-expected producer price inflation data

U.S. stocks opened lower on Wednesday after erasing their premarket gains as data showed producer-price inflation accelerated more quickly than expected last month. The S&P 500 SPX, +0.24% fell 10 points, or 0.3%, to 3,579. The Dow Jones Industrial Average DJIA, +0.47% retreated 84 points, or 0.3%, to 29,155. The Nasdaq Composite declined 27 points, […]

Oct 12
Lucid stock extends bounce after EV production was in line with expectations, full-year target affirmed

Shares of Lucid Group Inc. LCID, +2.29% rallied 2.9% in premarket trading Wednesday, after the electric vehicle maker said it produced 2,282 vehicles during the third quarter, more than triple the number produced in the second quarter. The company said it delivered 1,398 vehicles during the latest quarter. Lucid said its production and delivery performance […]

Oct 12
Novavax has fresh data showing that its COVID-19 shot works as a booster

Shares of Novavax Inc. NVAX, +5.38% jumped 1.7% in premarket trading on Wednesday after the company said its COVID-19 vaccine boosted antibody levels when used as a booster. The data, from a Phase 3 clinical trial, tested a third shot in adults who had been vaccinated with Novavax’s initial series of shots 8 or 11 […]

Oct 12
The cryptocurrency market digest (BTC). Overview for 12.10.2022

The BTC reached stability at $19,140 on Wednesday. Nevertheless, bot short and mid-term trends remain bearish. A local correction in the USD and controversial dynamics in the US stock market helped the major cryptocurrency recover a little bit. However, nothing is changing strategically – investors aren’t interested in risks. At the same time, there are […]

Oct 12
The Pound slowed down its decline. Overview for 12.10.2022

The Pound Sterling is trying to reach stability against the USD. The current quote for the instrument is 1.0990. The statistics published by the United Kingdom in the morning weren’t too positive. The GDP lost 0.3% m/m in August after adding 0.2% m/m in July. The Industrial Production declined 1.8% m/m in August after losing […]

Oct 12
Middle East gets physical Bitcoin ETP listed on Nasdaq Dubai

The Middle East, one of the world’s fastest-growing crypto markets, now offers a new opportunity for direct investment in Bitcoin through the 21Shares Bitcoin E… Source: Cointelegraph