Latest Market News
Gold prices rise by $19 as the Ukrainian crisis escalates Gold prices rose more than 19 dollars, during trading on Monday, recording their highest levels since mid-March; The uncertainty surrounding the Russian-Ukrainian conflict dampened risk sentiment and pushed investors towards bullion safety. This comes with the escalation of tensions in the Ukraine crisis; Several explosions […]
Shares of Nektar Therapeutics Inc. NKTR, -33.93% were down 35.9% in trading on Monday after the company announced Friday that it halted development of bempegaldesleukin in combination with Bristol Myers Squibb’s BMY, -0.95% Opdivo. The combination was being tested in several types of cancer, including renal cell carcinoma and urothelial carcinoma. Wall Street now views […]
Shares of Forward Air Corp. FWRD, +1.27% jumped 1.5% in morning trading Monday, putting them on track for a fifth-straight gain, after the trucker raised its first-quarter profit and revenue outlook, citing “continued strong demand for services.” The company raised its net earnings-per-share guidance range to $1.52 from $1.61 from $1.15 to $1.19, which compares […]
Natus Medical Inc. NTUS, +0.58% announced Monday a deal to be acquired in a deal valued at $1.2 billion by an affiliate of investment firm ArchiMed. Natus Medical’s stock was still halted for news until 7:30 a.m. Eastern. Under terms of the deal, ArchiMed will pay $33.50 in cash for each Natus Medical share outstanding, […]
After updating its 20-year high, USDJPY continues rising. The Japanese Yen remains very weak against the USD. The current quote for the instrument is 126.65. The JPY is mostly pressured by the “greenback” and the US Fed’s monetary policy. Because of high inflation, the American regulator had to tighten its monetary policy, thus supporting the […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the support level at 0.7358; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 0.7370 and then resume moving downwards to reach 0.7275. Another signal in favour of a […]