Latest Market News

May 26
Iovance’s stock slides 40% after sharing data about its melanoma therapy

Read Next Elon Musk commits more cash to Twitter deal, sending Twitter stock higher and Tesla shares lower Tesla Inc. undefined Chief Executive Elon Musk increased the amount of cash he is committing to acquiring Twitter Inc. undefined, according to a Wednesday filing with the Securities and Exchange Commission. Musk increased his commitment by $6.25 […]

May 26
Iovance’s stock slides 40% after sharing data about its melanoma therapy

Shares of Iovance Biotherapeutics Inc. IOVA, +2.30% tumbled about 40% in after-hours trading on Thursday. The company had announced new clinical data for its experimental melanoma drug, including a 29% objective response rate in one cohort of patients. In that cohort, there were three complete responses and 22 partial responses, and the median duration of […]

May 26
WEF 2022: Metaverse should be developed from children’s perspective, says Lego VP

A Lego Group vice president believes the Metaverse will be a disruptive force that will change the way people learn things, especially children. 1093 Total views 35 Total shares The Metaverse and Web3 dominated discussions on the fifth day of the ongoing World Economic Forum (WEF). The panel discussion “The Possibilities of the Metaverse” featured […]

May 26
U.S. forward rates market is producing clear, broadening sign of potential for Fed policy mistake, JP Morgan says

Concerns over the potential for a policy mistake by the Federal Reserve “have clearly broadened,” and are being reflected in a deeply inverted forward spread on the 1-month overnight indexed swap rate, according to strategists at JPMorgan Chase & Co. In particular, the 1-year to 2-year forward spread on the 1-month OIS has declined to […]

May 26
Japanese Candlesticks Analysis 26.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.0810. However, an alternative scenario […]

May 26
Forex Technical Analysis & Forecast 26.05.2022

EURUSD, “Euro vs US Dollar” After finishing the descending impulse at 1.0643 along with the correction up to 1.0705, EURUSD is forming a new descending structure to break 1.0640 and may later continue trading downwards with the short-term target at 1.0575. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has formed a new consolidation range […]