Latest Market News

May 10
Market Spotlight: EURCAD Breakout on Watch

EURCAD Testing Channel TopPrice action in EURCAD is looking interesting here. The pair has been grinding steadily lower within a well-respected bear channel over the course of 2022 so far. However, we’ve seen strong bullish divergence creeping in at the recent lows. Price has since reversed higher off the 1.3439 level and is testing the […]

May 10
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond

A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. 1906 Total views 5 Total shares Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC […]

May 10
Playtika stock falls after revenue comes up shy, full-year outlook is below expectations

Shares of Playtika Holding Corp. PLTK, -11.80% shed 3.1% in premarket trading Tuesday, after the Israel-based mobile games company reported net income that rose nearly four-fold but revenue that came up shy of expectations, and provided a downbeat full-year outlook. Net income rose to $98.6 million, or 20 cents a share, from $25.7 million, or […]

May 10
S&P 500 ends below 4,000 Monday for first time in over a year

U.S. stock indexes finished deeper in the red on Monday, with energy and technology stocks leading a swoon ahead of the closing bell. The Dow Jones Industrial Average DJIA, -1.99% lost about 653 points, or 2%, to end near 32,245. Declines were even steeper for the S&P 500 index SPX, -3.20%, which tumbled 3.2% to […]

May 10
White House says Larry Summers wasn’t right about inflation

White House press secretary Jen Psaki on Monday pushed back after a reporter asked if economists such as Larry Summers were right last year to warn that some government policies were going to lead to inflation. “I wouldn’t say we agreed with them then and we don’t agree with them now,” Psaki told reporters during […]

May 10
Daily Market Outlook, May 9, 2022

Daily Market Outlook, May 9, 2022 Overnight Headlines China Export Growth Slows To Lowest In Almost 2 Years, Imports Flat China Paper Sees Q2 GDP Slow To 2.1%; RRR Cut Unlikely In May China Stimulus Fails To Ignite Housing Sales Over Key Holiday China Premier Warns Of ‘Grave’ Jobs Situation As Lockdowns Weigh Shanghai Tightens […]