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Casino resort operator MGM Resorts International MGM, -2.31% reported a surprise loss for its third quarter, and shares fell 5% after hours on Wednesday following the results. The company reported a net loss of around $1.06 billion, or $1.45 per share, compared with a $1.34 billion profit, or $2.77 per share, in same the quarter […]
Shares of the U.S.’s largest banks moved higher into positive territory on Wednesday after the U.S. Federal Reserve hiked its key lending rate by 75 basis points as expected. JPMorgan Chase & Co. JPM, -0.92% rose 1.3%, Goldman Sachs Group Inc. GS, +0.35% advanced by 1.9%, Citigroup Inc. C, -1.45% rose 1.3%, Morgan Stanley MS, […]
Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws. 1379 Total views 10 Total shares United States Securities and Exchange Commission Chair Gary Gensler cited major enforcement actions against crypto firms as part of the “economic realities” of securities […]
• MDAX reversed from key resistance level 24350.00 • Likely to fall to support level 23000.00 MDAX index recently reversed down from the key resistance level 24350.00 (former support from the start of September), intersecting with the 61.8% Fibonacci correction of the downward impulse from September. The downward reversal from the resistance level 24350.00 stopped […]
• EURJPY reversed from multi-year resistance level 148.00 • Likely to fall to support level 144.00 EURJPY currency pair recently reversed down from the multi-year resistance level 148.00 (which stopped the sharp uptrend in 2014), standing above the upper weekly Bollinger band. The downward reversal from the resistance level 148.00 stopped the earlier sharp upward […]
Shares of Fortinet Inc. FTNT, -5.65% were off more than 13% in after-hours trading Wednesday after the cybersecurity company topped expectations with its latest earnings and revenue numbers but delivered a billings forecast for the current period that came up light. The company logged third-quarter net income of $231.6 million, or 29 cents a share, […]