Latest Market News
Shares of General Mills Inc. GIS, -0.55% climbed 0.9% in premarket trading Wednesday, after the branded consumer foods company, which brands include Cheerios, Betty Crocker and Häagen-Dazs, reported fiscal first-quarter profit that rose above expectations and raised its full-year outlook, as strength in its North America and pet businesses offset international weakness. Net income for […]
The Beneficient Co. Group, a provider of liquidity and related services for investors in alternative assets, is going public via a merger with special purpose acquisition corporation Avalon Acquisition Inc. AVAC, in a deal valued at $3.5 billion. Beneficient has financed transactions to deliver liquidity on about $1.1 billion in net asset value of alternative […]
Shares of Glatfelter Corp. GLT, +2.41% dropped 4.7% in premarket trading Wednesday, after the supplier of engineered materials said it suspended its quarterly dividend, as part of a “reprioritization” of capital as it focuses its efforts on optimizing financial results. The company had last paid a quarterly dividend of 14 cents a share in June, […]
Type: Bullish Rise Key Levels:Resistance: 147.900Pivot: 144.275Support: 141.100 Preferred Case:On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.275 to the 1st resistance at 147.900 where the 127.2% fibonacci extension is. Alternative Scenario:Alternatively, price could break […]
Type: Bearish Drop Key Levels:Resistance: 681.75Pivot: 688.00Support: 668.25 Preferred Case:On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being inside ichimoku cloud, we have a neutral bias on corn. price could back to 668.25 where the previous swing low is. Alternative Scenario:Alternatively, price might go back up towards […]
Ethereum co-founder Vitalik Buterin has reiterated his support for decentralized autonomous organizations (DAOs), arguing that in some circumstances, they can be more efficient and fairer than a traditional corporate structure. In theory, DAOs are collectively owned and managed by their members and have no central leadership. All decisions relating to aspects such as the usage […]