Latest Market News

Jan 16
Finance Redefined: Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Despite the market printing bearish numbers for a second consecutive week, the industry is not short of bullish fundamental news. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re about to read is a shorter, more succinct […]

Jan 16
Sherwin-Williams shares slide 3% premarket after paint maker lowers its guidance to reflect supply chain and labor issues

Sherwin-Williams Co. shares SHW, -2.81% slid 3% in premarket trade Friday, after the paint maker lowered its fourth-quarter and full-year guidance, citing a shortage of raw materials amid supply-chain constraints and labor challenges. “While availability of some raw materials has improved slightly, others including select resins and additives specific to our professional contractor products remain […]

Jan 16
22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. Source: Cointelegraph

Jan 16
WHO recommends two new drugs as treatments for COVID-19

The World Health Organization said Friday it is recommending two new drugs as treatments for COVID-19 and said the extent to which they can save lives will depend on how widely available and affordable they will be. The agency said the first drug, baricitinib, a treatment for rheumatoid arthritis, is recommended for patients with severe […]

Jan 16
JPMorgan interest income view falls short of expectations

JPMorgan Chase & Co. JPM, -6.15% shares fell 3% in premarket trades on Friday on the heels of its fourth-quarter profit update and guidance for 2022. The bank expects 2022 net interest income of about $50 billion, which is below the latest target of $55.7 billion in a survey of analysts by FactSet. JPMorgan Chase […]

Jan 16
ODP Corp. delays public company separation to review a new bid for its consumer business

The ODP Corp. ODP, +3.13% said Friday its board has decided to delay its plan to split into two companies to give it time to evaluate the potential sale of its consumer business. The office supplies retailer approved a plan for a tax-free spin off to its shareholders last May that would separate ODP from […]