Latest Market News

May 06
GBPAUD Wave Analysis – 6 May, 2022

• GBPAUD reversed from support level 1.7200• Likely to rise to resistance level 1.7493 GBPAUD currency pair recently reversed up sharply from the key support level 1.7200 (which stopped wave 1 at the start of April). The upward reversal from the support level 1.7200 created the daily candlesticks reversal pattern Hammer – standing far below […]

May 06
OpenSea Discord server hacked, users warned to be vigilant of phishing scams

The hacker’s initial post, which was published in the announcements channel, claimed that OpenSea had “partnered with YouTube to bring their community into the NFT Space.” 692 Total views 10 Total shares Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot […]

May 06
Nike’s stock in danger of first back-to-back 5%+ drops in 22 years

Shares of Nike Inc. NKE, -6.62% dove 6.4% in morning trading, enough to pace the Dow Jones Industrial Average’s DJIA, -1.53% decliners, in the wake a disappointing earnings report from Germany-based athletic apparel and gear rival adidas AG ADDYY, -5.37% ADS, -5.49%. Nike’s stock was trading at the lowest price seen during regular-session hours since […]

May 06
FCA warns businesses to stop misleading credit adverts to protect consumers

Home News FCA warns businesses to stop misleading credit adverts to protect consumers The Financial Conduct Authority (FCA) is warning lenders and brokers to stop using misleading terms in their advertising or face regulatory action. The increased cost of living means that more people may take out loans. Marketing that does not give clear information […]

May 06
Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

After almost seven months and over 8.4 million emails on the waitlist, Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. 2597 Total views 51 Total shares Coinbase, one of the largest crypto exchanges by volume, opened its beta nonfungible token (NFT) marketplace to the public on […]

May 06
Business development company Owl Rock upgraded to outperform at Hovde Group

Hovde Group analyst Bryce Rowe on Friday upgraded shares of Owl Rock Capital Corp. orcc to outperform from market perform and maintained his target price of $15 a share for the New York-based business development company. While he cut his second-quarter net interest income view by 3 cents a share to $1.32 a share, Rowe […]