Latest Market News

May 19
Flight from Risk Gains Momentum, Setting Stage for a Rally in Gold

The flight from risk assets becomes more apparent on growing concerns about global slowdown and even recession, in particular, markets appear to be pricing in that the US economy will not be able to carry out soft landing (lowering inflation while maintaining positive GDP growth) that the Fed pledged to deliver in spite of aggressive […]

May 19
Market Spotlight: Tesla Shares Plunge On S&P ESG Ejection

Tesla Shares Lower AgainTesla shares are back under pressure this week. With tech stocks among the hardest hit during the current risk-off action, Elon Musk’s alt-energy and vehicle making company has seen further losses. Tesla shares are now down around 40% from the April highs. However, the big news for Tesla this week is that […]

May 19
Caution: Han Global Investing Limited (web: HanTrade.Ltd)

The Financial and Consumer Services Commission (FCNB) has become aware that Han Global Investing Limited (web: HanTrade.Ltd), which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services.  New Brunswickers are urged to exercise caution when investing with Han […]

May 19
FTX US to launch stock trading against stablecoins

FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. 1669 Total views 48 Total shares Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform. West Realm Shires Services, the owner […]

May 19
Harley-Davidson stock tumbles after suspending assembly, shipments related to regulatory compliance matter

Shares of Harley-Davidson Inc. HOG, -7.61% tumbled 10.5% in premarket trading Thursday, after the motorcycle maker said it would suspend all assembly and shipments for two weeks. The company said the suspension was for “an abundance of caution” following information provided by a third-party supplier regarding “a regulatory compliance matter relating to the supplier’s component […]

May 19
$3B flows to metaverse and Web3 gaming this month as a16z’s tips in $600M

GAMES FUND ONE will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a metaverse. 2750 Total views 52 Total shares Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus […]