Latest Market News
Shares of Zymeworks Inc. ZYME, +9.00% gained 8.4% in premarket trading on Wednesday after the company announced a licensing deal with Jazz Pharmaceuticals plc JAZZ, -1.95% for its cancer drug, zanidatamab, which is currently being tested as a treatment for some HER2-expressing cancers. Jazz will pay Zymeworks $50 million upfront. Including all regulatory and commercial […]
Consumers in India are getting more options for a digital shopping experience as major local e-commerce platforms increasingly experiment with blockchain and the Metaverse. Indian shoppers can try out products from brands like Puma and Nivea in the gamified and interactive metaverse. That is thanks to local e-commerce giant Flipkart launching a metaverse space for […]
EURUSD, “Euro vs US Dollar” EURUSD continues to form a consolidation range around the 0.9790 level. An upside exit would open up the potential for a correction to 0.9873 with the prospect of an upside to 0.9966. An exit downwards would open up the potential to reach 0.9700. GBPUSD, “Great Britain Pound vs US Dollar” […]
Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts. In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 10, Fidelity Digital Assets, the firm’s crypto subsidiary, drew a line between Bitcoin and other currencies. Report: Bitcoin “does not correspond to another person’s […]
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining. 1417 Total views 36 Total shares Bitcoin (BTC) has seen a 41% increase in energy consumption year-on-year (YoY) despite dramatic improvements in energy efficiency and a more diverse […]
• Brent crude oil reversed from resistance level 95.00 • Likely to fall to support level 86.00 Brent crude oil recently reversed down from the resistance level 95.00 (which has been reversing the price from September), coinciding with the daily down channel from July, upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]