Latest Market News

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

Oct 12
Cannabis company TerrAscend secures $45.5 mln loan with 12.8% interest rate

TerrAscend Corp. TRSSF, +1.34% TER, +0.98% said Wednesday its New Jersey and Maryland subsidiaries have closed on a $45.5 million, non-brokered senior secured term loan from funds managed by Pelorus Equity Group. The loan currently bears interest of 12.77% per year and is based on a variable rate tied to the one month secured overnight financing rate (SOFR), with interest-only […]

Oct 12
Biden says he doesn’t expect U.S. recession, but if there is one it will be ‘very slight’

President Joe Biden told CNN in an interview that aired late Tuesday that he didn’t expect a recession for the U.S. economy, after he was asked if Americans should prepare for one. “I don’t think there will be a recession. If it is, it will be a very slight recession,” Biden said. “Look, it’s possible. […]