Latest Market News

Sep 18
Tired of losing money? Here are 2 reasons why retail investors always lose

A quick flick through Twitter, any social media investing club, or investing-themed Reddit will quickly allow one to find handfuls of traders who have vastly excelled throughout a month, semester, or even a year. Believe it or not, most successful traders cherry-pick periods or use different accounts simultaneously to ensure there’s always a winning position […]

Sep 18
South Korean ministry recommends enactment of special Metaverse laws

The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. 1209 Total views 36 Total shares The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines […]

Sep 18
Flashbots build over 82% relay blocks, adding to Ethereum centralization

BitMEX, too, highlighted the need for a complete redevelopment of Flashbots or a similar system to mitigate unforeseen complications in an era after the Merge. 1159 Total views 22 Total shares Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. […]

Sep 17
U.S. oil futures little changed for session, post a loss for the week

U.S. oil futures gained just a penny on Friday after settling with a nearly 4% loss a day earlier. There’s a lot of uncertainty overseas both on the supply side and on the demand side, said Colin Cieszynski, chief market strategist at SIA Wealth management. For the U.S., however, the most significant fundamental factor is […]

Sep 17
Wix stock rises after activist investor Starboard discloses 9% stake

Wix.com Ltd. WIX, -3.50% shares rose in the extended session Friday following a report that activist investor Starboard Value had built a 9% stake in the company, which was later confirmed. Shares rose 5% after hours, following a 3.5% decline to finish the regular session at $73.69. At first, shares rose following a Reuters report […]

Sep 17
Goldman faces consumer bank inquiry from the U.S. Federal Reserve: Bloomberg

The U.S. Federal Reserve is reviewing Goldman Sachs Group Inc.’s GS, -1.63% consumer-banking business, according to a report Friday by Bloomberg. Citing people familiar with the central bank, Bloomberg reported that the central bank has been questioning Goldman management for several weeks about the business. Goldman Sachs declined to comment, the report said. Goldman Sachs […]