Latest Market News

Jun 10
Bloomberg Terminal supersizes its crypto coverage: 40 more coins

Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. 633 Total views 24 Total shares Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto […]

Jun 10
Cruise line stocks suffer sharp losses, again

Shares of cruise operators suffered sharp declines for a second-straight session, amid signs of declining pricing and what that might mean for demand. Carnival Corp.’s CCL, -9.28% CCL, -9.18% stock dove 5.6% in afternoon trading, enough to make it the second-worst performer among S&P 500 SPX, -2.38% components. The next two worst S&P 500 performers […]

Jun 10
Palladium Futures (PA1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 1989.0Pivot: 1954.5Support: 1887.5Preferred Case:On the H1, price is moving below the ichimoku cloud and along the descending trendline which supports our bearish bias that price will drop from our pivot at 1954.5 in line with the swing high resistance to the 1st support at 1887.5 in line with the swing low […]

Jun 10
Market Spotlight: UBS Turns Bullish on Tesla

Tesla to Bounce?In a note issued this week, analysts at UBS have upgraded Tesla to a buy following the recent plunge in price. Shares in Elon Musk’s iconic company are down around 45% on the year via a combination of broader tech stock weakness in the face of Fed tightening expectations, the impact of the […]

Jun 10
Alibaba Cloud launches NFT solution… then quickly memory holes it

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. […]

Jun 10
DocuSign shares plunge 23% on earnings miss

DocuSign Inc.’s. stock DOCU, -3.04% fell 23% in extended trading Thursday after the electronic-documents company reported fiscal first-quarter revenue that exceeded analysts’ forecasts but came up short on earnings. DocuSign reported a net loss of $27.4 million, or 14 cents a share, compared with a net loss of $8.35 million, or 4 cents a share, […]