Latest Market News
Shares of Meta Platforms Inc. META, +1.29% suffered their largest weekly plunge on record this week as the company’s third-quarter earnings report met a chilly reception on Wall Street. The stock lost 23.7% over the course of the week. The prior worst weekly drop for Meta shares was a 21.4% decline sustained in the week […]
Solidus Labs, which has been monitoring 12 leading blockchains, has detected the majority of scam-like tokens originating from Binance’s BNB Smart Chain. 2636 Total views 46 Total shares The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on […]
Oil futures settled lower on Friday as COVID-19 restrictions in China fed worries about energy demand, but U.S. prices still marked their first gain in three weeks. “Oil markets remain volatile as China ramps up COVID restrictions, some U.S. oil giants signal modest commitments to boost production, and the global economic outlook continues to dim,” […]
Treasury Secretary Janet Yellen on Friday designated Douglas O’Donnell as acting IRS commissioner, saying he will head the agency following the end of Commissioner Charles Rettig’s term on Nov. 12. O’Donnell is now the agency’s deputy commissioner. “Deputy Commissioner O’Donnell has dedicated his career to serving American taxpayers through every level of the agency,” Yellen […]
• GBPAUD reversed from support level 1.7635 • Likely to rise to resistance level 1.8200 GBPAUD recently reversed up from the pivotal support level 1.7635 (former resistance from July and August, intersecting with the 38.2% Fibonacci correction of the upward impulse from September). The upward reversal from the support level 1.7635 started the active shot-term […]
• AUDUSD reversed from resistance level 0.6500 • Likely to fall to support level 0.6300 AUDUSD recently reversed down from the resistance level 0.6500 (which reversed the pair multiple times at the end of September), standing close to the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The […]