Latest Market News

Sep 22
OpenSea implements a new protocol that ranks NFT rarity

The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. 1655 Total views 84 Total shares With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the […]

Sep 22
Gold futures settle higher for a second session

Gold futures climbed on Thursday, with the haven precious metal finding support for a second straight session after Russia raised its war efforts in Ukraine, ordering a partial mobilization of reservists into service. Still, strength in the U.S. dollar following the Federal Reserve’s decision Wednesday to hike interest rates by 75 basis points helped to […]

Sep 22
Salesforce stock bounces off 2 1/2-year low as 2023 guidance was affirmed after 2 previous cuts

Shares of Salesforce Inc. CRM, +1.85% rallied 1.6% in afternoon trading Thursday, to bounce off the previous session’s 2 1/2-year closing low, as investors cheered what the customer relationship management software company didn’t say at its investor day as much as what it did say. The stock’s rally comes amid weakness in the broader stock […]

Sep 22
Redfin stock sinks toward record low as surge in Treasury yields weighs on real estate services companies

Shares of Redfin Corp. [rdfn] tanked 6.5% toward a record-low close, as big jump in Treasury yields weighed on real estate services companies, by increasing concerns over rising mortgage rates and further weakness in the residential housing market. Redfin’s stock has tumbled TK% amid a six-day losing streak, and was headed for the lowest close […]

Sep 22
AMC’s ‘APE’ stock tumbles toward a 5th consecutive loss and a new low

Shares of AMC Preferred Equity Units APE, -9.17%, known as “APEs,” tumbled 13.3% in midday trading Thursday, as the trading vehicle of AMC Entertainment Holdings Inc.’s AMC, -8.02% special dividend headed toward a fifth straight loss and new lows. The “APE” shares, a nod to investors who turned a movie theater operator into a “meme” […]

Sep 22
U.S. stocks open mostly lower as investors weigh jobless claims report

U.S. stocks opened mixed Thursday as investors weighed economic data showing initial jobless claims rose slightly. The Dow Jones Industrial Average DJIA, -0.07% was up 0.1% soon after the opening bell, while the S&P 500 SPX, -0.58% slipped less than 0.1% and the Nasdaq Composite COMP, -1.27% fell 0.2%, according to FactSet data, at last […]