Day: November 1, 2022
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of growth to 1.0080 and a minimal correction to 0.9890. At the moment, the market is forming a consolidation range above this level. An escape downwards and extension of the range to 0.9800 are not excluded. Next, we expect a structure of growth […]
EURUSD, “Euro vs US Dollar” The pair completed correction to 0.9880. Today a wave of growth to 0.9988 might start. After this level is reached, a link of decline to 0.9930 is expected. Practically, a consolidation range is forming between these levels. With an escape upwards, a pathway to 1.0150 will open. GBPUSD, “Great Britain […]
China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume. 2456 Total views 16 Total shares Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called […]
Chief Justice John Roberts on Tuesday temporarily halted the release of former President Donald Trump’s tax returns to a House panel. Trump asked the Supreme Court on Monday to block the House Ways and Means Committee from accessing his tax records. Roberts called for more briefing in the case, reported the Washington Post, and called […]
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer. 2750 Total views 22 Total shares Nikolai Mushegian, co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico last week. Mushegian died due to drowning after being dragged […]
JPMorgan Chase & Co. JPM, +1.26% said Tuesday its J.P. Morgan Asset Management unit is launching a new private capital team aimed at investments in life sciences. Stephen Squinto is now chief investment officer and managing partner of Life Sciences Private Capital for the bank. He previously worked at private equity firm OrbiMed Advisors. Squinto […]
United Parcel Service Inc. UPS, +0.36% said Tuesday that of the more than 100,000 employees it plans to hire for the holidays, at least 60,000 will be hired in the coming weekend. The package delivery giant said its “UPS Brown Friday” will start Nov. 4, and will include more than 450 in-person and virtual hiring […]
Molson Coors Beverage Co. TAP, -1.31% said Tuesday its third-quarter profit fell 52% to $216.4 million, or 99 cents a share, from $453 million, or $2.08 a share, in the year-ago quarter. Adjusted earnings at the alcoholic beverage maker fell to $1.32 a share, from $1.75 a share. Net sales rose 4% to $2.94 billion. […]
Sealed Air Corp. SEE, -0.29% announced Tuesday that it agreed to buy Liquibox, the maker of bag-in-box sustainable fluids and liquids packaging and dispensing products for $1.15 billion. The packaging company said the acquisition is “highly complementary” to its Cryovac Fluids & Liquids business, which is the fastest growing area of Sealed Air. The company […]
Shares of Carvana Co. CVNA, -6.63% were surging more than 9% in premarket trading Tuesday after JPMorgan analyst Rajat Gupta ended his bearish call on the used-car retailer, upgrading the stock to neutral from underweight. Gupta wrote that Carvana was “not out of the woods” but that risks around the name “seem better understood.” He […]
