Latest Market News

Jul 13
Why Coinbase is banning slide decks and ‘endless meetings’

Crypto exchange Coinbase is getting rid of slide decks and “endless meetings” as a way to improve productivity following the purge of roughly 18% of employees last month. In a July 13 blog post, Coinbase CEO Brian Armstrong noted that the company is currently focused on “driving more efficiency” as it continues to scale, pointing […]

Jul 13
Google countersues Match, seeking its ouster from app store

Alphabet Inc.’s Google GOOGL, -1.43% GOOG, -1.44% has countersued Match Group Inc. MTCH, -1.44% for breach of contract, and wants the dating-app company banned from its Google Play app store. The suit, filed Monday in U.S. District Court for the Northern District of California, alleges Match intentionally breached the developer-distribution agreement it signed by using […]

Jul 13
RBOB GASOLINE FUTURES (RB1!), H4 Potential For Bearish Drop

Type: Bearish Momentum Key Levels:Resistance: 3.6525Pivot: 3.5009Support: 3.1892 Preferred Case:On the H4, with price moving below the ichimoku cloud and along the descending trendline, we have a bearish bias that price will rise and drop from the pivot at 3.5009 in line with the overlap resistance to the 1st support at 3.1892 where the 61.8% […]

Jul 13
NZDUSD, H4 | Potential Bearish Continuation

Type: Bearish Reversal Key Levels:Resistance: 0.61959Pivot: 0.61082Support: 0.60072 Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 0.61082 in line with the 127.2% fibonacci extension to the 1st support at 0.60072 in line […]

Jul 13
Dow ends nearly 200 points lower as stocks fall ahead of inflation reading

Stocks ended lower Tuesday, losing ground in afternoon trade as investors appeared reluctant to hold equities ahead of the release of an eagerly anticipated June consumer price index reading. The CPI is expected to show a large 1.1% jump in June when the report is released at 8:30 a.m. ET Wednesday. The increase in inflation […]

Jul 13
Google plans to scale back hiring this year: report

Joining a long list of tech firms, Alphabet Inc.’s GOOGL, -1.43% GOOG, -1.44% Google intends to reduce hiring for the rest of 2022 with the threat of recession, company Chief Executive Sundar Pichai said in an email to staff Tuesday. “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and […]