Latest Market News

Apr 21
Freeport-McMoRan stock pulls back, even as profit and revenue topped forecasts

Shares of Freeport-McMoRan Inc. FCX, -1.46% pulled back 3.2% in premarket trading Thursday, after the gold and copper miner reported first-quarter profit and revenue that beat expectations, while trimming its outlook for quarterly copper sales. Net income more than doubled to $1.53 billion, or $1.04 a share, from $718 million, or 48 cents a share, […]

Apr 21
Goldman Sachs reportedly eyes FTX alliance with regulatory and public listing assistance

The reported discussion between the two CEOs of the company happened in March last month, at a time when FTX requested CFTC to eliminate the role of brokers in product offerings. 184 Total views 6 Total shares Goldman Sachs is reportedly pursuing an alliance with one of the top cryptocurrency exchanges FTX. The chief executive […]

Apr 21
Xerox shares fall premarket after company swings to unexpected loss in Q1

Xerox Holdings Corp. shares XRX, +1.48% slid 1.8% premarket Thursday, after the maker of copiers and printers swung to a loss in the first quarter, weighed down by supply chain issues and inflationary pressures. The company posted a net loss of $56 million, or 38 cents a share, for the quarter, after earnings of $39 […]

Apr 21
FCA stops David Stock & Co Limited disposing of assets without permission

The Financial Conduct Authority (FCA) has stopped David Stock & Co Limited (DS&C), a firm that advised on transfers from the British Steel Pension Scheme (BSPS), disposing of assets without FCA permission. In March 2022, the FCA launched a consultation on a redress scheme for former members of BSPS. The FCA wrote to firms who […]

Apr 21
Bitcoin Suisse adopts decentralized Liquity as lending product

The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. 1306 Total views 28 Total shares Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of […]

Apr 21
Gold futures tally a second straight session loss

Gold futures declined Wednesday for a second consecutive session to mark another settlement at their lowest since April 11. Prices for the precious metal went into “freefall” on Tuesday and now appear to have stabilized around $1,950, said Craig Erlam, senior market analyst at OANDA. “This could potentially mark the new range support after a […]