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Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, while a few poked fun at the reality TV star. 1678 Total views 24 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United […]
Shares of Credit Suisse CSGN, +4.90% CS, +2.30% bounced 4% higher in early action, after the Swiss systemically important institution fell as much as 12% on Monday on worries over its financial health. The Swiss bank, which touched a record low on Monday, is nonetheless down 54% this year. Five-year credit default swaps widened on […]
Silver futures rallied on Monday, posting a gain of more than 8% for the session — the largest daily rise since February 2021, according to Dow Jones Market Data. Gold prices also climbed by almost 2%. “Out of the two metals, silver was the most impressive…as yields fell on the back of [the Bank of […]
Shares of Livent Corp. LTHM, -0.03% edged up 0.3% in afternoon trading Monday, even after BofA Securities analyst Matthew DeYoe recommended investors sell, saying the lithium producer’s stock looks “expensive” as lithium prices appear to be near a peak. DeYoe noted that spot prices for lithium, which have been in high demand as it’s used […]
The S&P 500’s SPX, +2.59% energy sector saw a unanimous rally in midday trading Monday, as reports that an large oil-producing cartel plans to cut production provided a big lift to crude oil prices. The SPDR Energy Select Sector exchange-traded fund XLE, +5.65% ran up 5.0% with all 21 components gaining ground. The ETF’s biggest […]
Shares of General Motors Co. GM, +2.43% jumped 2.8% in premarket trading Monday, after the automaker reported a 24.3% jump in third-quarter U.S. vehicle sales to 555,580 vehicles, and a “modestly improving” inventory situation. The sales for the latest quarter included a 27.4% decline in Buick deliveries, a 49.5% rise for Cadillac, a 29.5% increase […]