Latest Market News

May 21
FOMO Friday: USDCHF Falls 4%

USDCHF Reversal UnderwayFeels like I’ve been saying this a lot recently but it’s been another hectic week for markets with plenty of big moves across the board. Important to remember that we don’t always get this type of volatility so its important to make the most of it. Certainly, a plentiful time for momentum traders. […]

May 21
Leafly draws outperform rating as Cowen initiatives coverage of cannabis marketplace

Leafly Holdings Inc. LFLY, +0.31% shares rose 2.6% in premarket trades Friday after the company drew an outperform rating and a $12 price target as Cowen analysts Harrison Vivas and Vivien Azer initiated coverage of the online cannabis marketplace. Leafly currently counts 8% more paid retailers than its rival company Weedmaps, which is run by […]

May 21
Web3, NFTs, Metaverse: The tools for a truly decentralized future

If the crypto community can successfully decentralize the internet, “it’s a future really worth getting excited about,” said NFT3 founder Dylan Dewdney. 577 Total views 14 Total shares Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, non-fungible tokens (NFT) and the Metaverse. It turns out […]

May 21
Match withdraws restraining order after Google agrees to ‘various concessions’

Shares of Match Group Inc. MTCH, +2.20% surged 5.2% in premarket trading Friday, after the data apps company after Alphabet Inc.’s GOOG, -1.29% GOOGL, -1.34% Google made “various concessions” regarding Match’s complaints. As a result, Match said it has withdrawn its request for a temporary restraining order, which it said last week that it would […]

May 21
Zymeworks rejects ‘unsolicited, opportunistic’ buyout bid by UAE-based All Blue Falcons

Shares of Zymeworks Inc. ZYME, +2.92% rallied 1.5% in morning trading Friday, after the biopharmaceutical company said it rejected the “unsolicited, opportunistic, non-binding” $10.50-per-share buyout bid by activist investor All Blue Falcons FZE. The company said it determined that the bid by the UAE-based investment holding company “significantly undervalues” the company and its prospects, and […]

May 21
Gold (GOLD1!), H1 Potential For Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 50906Pivot: 50469Support: 50300Preferred Case:With price moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 50906 in line with the 61.8% Fibonacci projection , 100% fibonacci projection , -27.2 fibonacci expansion and overlap resistance from our pivot of 50469 in line […]