Latest Market News

Nov 01
Murrey Math Lines 01.11.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI earlier bounced off 70 and is going down step by step. Currently, we should expect a test of 4/8 (0.6347), a breakaway of it, and falling to the support level of […]

Nov 01
Twitter monetization and free speech drove Binance’s $500M injection: CZ

Binance will also assist Twitter’s integration into Web3 by implementing crypto payments and deploying a dedicated team of on-chain specialists to stop spam bot accounts. 3213 Total views 35 Total shares Binance CEO Changpeng “CZ” Zhao has explained the reasoning behind its $500 million co-investment into Elon Musk’s Twitter, citing monetization potential, crypto community free […]

Nov 01
El Salvador’s Bitcoin purchase information can’t be made public: Trustee

As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants. 2163 Total views 43 Total shares Ever since El Salvador legalized Bitcoin (BTC) as mainstream tender, President Nayib Bukele used Twitter on numerous occasions to announce the country’s BTC acquisitions. However, […]

Nov 01
Oil prices post first gain in 3 sessions

Oil prices ended higher on Tuesday to log their first gain in three sessions. “Risks to energy supplies remain elevated after reports that Iran was planning an attack on targets that include Saudi Arabia and Northern Iraq,” said Edward Moya, senior market analyst at OANDA. Meanwhile, “global economic outlook remains very fragile to a swathe […]

Nov 01
Intuit stock selloff is ‘overdone,’ analysts say

Shares of Intuit Inc. INTU, -7.68% were falling more than 8% in Tuesday afternoon trading after Bloomberg News reported that the company was pausing hiring in its Credit Karma segment amid “revenue challenges due to the uncertainty of the economic environment.” The report cited an email that was sent to employees. Intuit didn’t immediately respond […]

Nov 01
Catalent stock paces S&P 500 losers as it suffers record selloff after earnings miss, lowered outlook

Shares of Catalent Inc. CTLT, -24.13% plunged 23.4% toward a record one-day selloff, and enough to pace the S&P 500’s SPX, -0.30% losers, after the contract drug manufacturing company reported fiscal first-quarter profit and revenue that missed expectations and cut its full-year outlook. The stock’s previous record one-day drop was 18.7% on March 16, 2020. […]