Latest Market News

May 20
Stocks open higher as Dow heads for longest weekly losing streak since 1932

Stocks opened higher Friday, attempting to bounce at the end of what’s shaping up to be another losing week for major indexes. The Dow Jones Industrial Average DJIA, +0.58% was up 217 points, or 0.7%, at 31,470, while the S&P 500 SPX, +0.88% gained 0.9% to trade at 3,936. The Nasdaq Composite COMP, +1.08% was […]

May 20
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash

A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash 1592 Total views 26 Total shares The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents […]

May 20
Foot Locker shares rise after profit beat

Foot Locker Inc. FL, -2.01% shares rose 4.1% in Friday premarket trading after it reported first-quarter profit that beat expectations. The athletic retailer posted net income of $133 million, or $1.37 per share, down from $202 million, or $1.93 per share, last year. Adjusted EPS of $1.60 beat the FactSet consensus for $1.54. Sales of […]

May 20
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’

“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. 2422 Total views 40 Total shares Tether (USDT) and Bitfinex chief technology officer Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, […]

May 20
Dippin’ Dots to be acquired by ICEE parent J&J Snack Foods for $222 million

ICEE and Minute Maid frozen beverage parent J&J Snack Foods Corp. JJSF, +3.49% announced Thursday an agreement to buy flash-frozen beaded ice cream maker Dippin’ Dots LLC for $222 million. The deal, which is expected to close by the end of June, will be funded through cash and debt financing. The deal is expected to […]

May 20
Ichimoku Cloud Analysis 20.05.2022 (EURUSD, USDCAD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD is no longer moving within the bearish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0515 and then resume moving upwards to reach 1.0750. Another signal in favour of a […]