Latest Market News
Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). WEF 2022, the first in-person World Economic Forum event since the pandemic started, continues to bridge traditional finance with the future of money on its […]
Ebay Inc. EBAY, +1.99% announced the launch of the Genesis collection of NFTs on Monday, which will include 3D and animated versions of athletes featured on the cover of Sports Illustrated magazine. Genesis debuts with hockey great Wayne Gretzky. Starting at $10, the NFTs will come in different editions and tiers, some that will be […]
Shares of DiDi Global Inc. DIDI, -4.00% surged 5.3% in premarket trading Monday, after the China-based ride-hailing giant provided details from its delisting from the NYSE after shareholders approved the move. The company said it plans to file a Form 25 with the U.S. Securities and Exchange Commission on or after June 2, and it […]
Consumers might be cutting back on some items due to inflation, but a survey conducted by Cowen analysts shows people plan to stick with their beauty regimen. Cowen surveyed 1,000 respondents and 70% to 75% indicate they will spend the same amount on beauty products this year compared with last year. Cowen puts the total […]
On Monday, the dollar continued to retreat on all fronts, but moderate optimism in the stock market suggests that the sell-off of the dollar is not caused by a quick recovery in risk demand, but by lowered expectations that US assets will best protect against stagflation risks. In light of the Fed’s intransigent stance on […]
Type: Bearish ContinuationKey Levels:Resistance: 103.235Pivot: 102.830Support: 102.370Preferred Case:With price moving below the Ichimoku cloud, we have a bearish bias that price will drop to our support in line with the horizontal swing low support and 78.6% fibonacci projection from our pivot in line with the horizontal pullback resistance.Alternative Scenario: Alternatively, price may break pivot structure […]