Latest Market News

Oct 21
EURGBP Wave Analysis – 21 October, 2022

• EURGBP reversed from support level 0.8600 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up with the daily Long-legged Doji from the pivotal support level 0.8600 (which has been reversing the pair from the middle of July), which stopped the previous wave C. The support level 0.8600 was further […]

Oct 21
American Bankers Association survey says two thirds of Americans support cannabis banking

A consumer survey from the American Bankers Association reports that 66% of Americans support allowing cannabis businesses to access banking services including checking accounts and business loans in states where cannabis is legal. Two-thirds of Americans support federal legislation from Congress to allow cannabis businesses to enter into banking services in the 39 U.S. states […]

Oct 21
OpenSea revises NFT rarity ranking protocol after community feedback

A community member argued that the new rarity ranking protocol destroys the market-driven rarity structure for some NFT collections. 228 Total views 1 Total shares While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs or not, some argue that ranking NFTs may do more […]

Oct 21
HCA Healthcare stock falls after profit tops expectations but revenue falls shy, as admissions declined

Shares of HCA Healthcare Inc. HCA, -0.28% fell 1.7% in premarket trading Friday, after the hospital operator reported third-quarter profit that topped expectations but revenue that fell shy, as admissions declined. Net income fell $1.34 billion, or $3.91 a share, from $2.27 billion, or $7.00 a share, in the year-ago period. The latest quarter’s results […]

Oct 21
Twitter tells staff no layoffs are planned, following reports Musk will axe 75% after takeover

Twitter Inc. TWTR, +1.18% has reportedly told staff there are no layoffs planned after a separate report that Tesla CEO Elon Musk would cut 75% of the social-media company’s workers. Twitter General Counsel Sean Edgett sent employees an email on Thursday to say no widespread job cuts are planned, reported Reuters late Thursday, citing a […]

Oct 21
Autoliv stock falls even as profit, sales rise but miss expectations, as pricing actions are taking effect

The U.S.-listed shares of Autoliv Inc. ALV, -2.24% climbed 2.8% in premarket trading Friday, even after the Sweden-based automotive safety systems company reported third-quarter profit and sales that came up short of expectations but said pricing actions were starting to drive improved results. Operating income rose to $171 million, or $1.21 a share, from $99 […]