Latest Market News
USDCHF, “US Dollar vs Swiss Franc” On H4, the pair is under the 200-day Moving Average, which means the prevalence of a downtrend. A test of 6/8 is expected, followed by a bounce off it and falling to the support level of 4/8. The scenario can be cancelled by a breakaway of 6/8 upwards, which might […]
Vitalik Buterin, the co-founder of Ethereum, tweeted a message to thank everyone that helped make the Merge happen. 1958 Total views 14 Total shares As the Merge successfully shifted the Ethereum network to proof-of-stake (PoS), the Ethereum community seized the opportunity to celebrate by dropping artworks and music inspired by Ethereum. Nonfungible token (NFT) artist […]
U.S. stocks opened modestly lower Thursday as investors digested fresh economic data on unemployment claims, retail sales and manufacturing. The Dow Jones Industrial Average DJIA, +0.08% edged down 0.2%, while the S&P 500 SPX, -0.35% fell 0.4% and the Nasdaq Composite COMP, -0.55% dropped 0.7%, according to FactSet data, at last check. Initial jobless claims […]
Republic First Bancorp Inc. FRBK, +8.49% jumped 8% in premarket trades Thursday after the company said it’s initiating a strategic review in the wake of “inquiries by multiple parties expressing interest in one or more potential strategic transactions with the company. Republic First said it set up a strategic review committee to review the recent […]
Merrion Investment Management Co. said Thursday it opposes the proposed $8.4 billion buyout deal for Avalara Inc. AVLR, +0.06% at $93.50 a share. Merrio, which owns 31,925 shares of Avalara with a value of about $3 million, said the Aug. 8 deal is not necessary because the company “is perfectly capable of remaining independent and […]
Shares of Steel Dynamics Inc. STLD, +1.95% bounced 4.6% in premarket trading Thursday, after the steel producer and metals recycler provided a third-quarter profit outlook that was above expectations, citing “historically strong” steel operations. The upbeat outlook comes a day after the stock tumbled 9.0%, after fellow steel producer Nucor Corp. NUE, -2.63% issued a […]