Latest Market News
Shares in US social media company Twitter are trading around 5% higher pre-market today following news that the company has approved Elon Musk’s $44 billion takeover bid. Following news of the successful bid, Musk tweeted on the deal saying: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square […]
Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. 993 Total views 8 Total shares The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract […]
Shares of Skechers USA Inc. SKX, -4.66% rose more than 4% in the extended session Wednesday after the footwear retailer reported first-quarter earnings and sales above expectations, saying its wholesale business was strong. Skechers said it earned $121.2 million, or 77 cents a share, in the quarter, compared with $98.6 million, or 63 cents a […]
BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. 4665 Total views 22 Total shares The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to […]
Lucid Group Inc. LCID, -8.74% stock rose more than 4% in the extended session Tuesday after the EV maker said it had reached an agreement with Saudi Arabia to sell up to 100,000 vehicles over a 10-year period to Saudi Arabia’s government, including an initial commitment to buy 50,000 vehicles. That is “another pivotal moment […]
In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years. 484 Total views 5 Total shares After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member […]