Latest Market News
Daily Market Outlook, May 3, 2022 Overnight Headlines RBA Lifts Rates By 25bps, Just Weeks Out From Election Australia’s Weekly Consumer Confidence Tumbles Amid Rate Jitters New Zealand Government Raises Debt Ceiling, Sets Surplus Limit USTR Tai: All Tools On Table To Beat Inflation, Tariffs Not Top Of List Italy Approves €14Bln Of Stimulus Measures […]
Bearish pullback in the major USD rally failed to gain traction on Monday as buyers stepped up with bids ahead of the Fed meeting on Wednesday, at which the Central Bank is expected to raise rates by 50 bp and outline a plan to sell assets off the balance sheet. The dollar index (DXY), having […]
An article in the Wall Street Journal has claimed sales of non-fungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted for more than $1 billion in primary and secondary sales. The article cited data from NFT market analysis platform Nonfungible suggesting the number of NFT sales has […]
Livent Corp. LTHM, +2.57% shares rallied more than 14% in the extended session Tuesday after the lithium and lithium compounds producer beat Wall Street expectations for its first quarter and raised its guidance for the year, saying that demand for lithium, used in batteries of all sizes and in myriad of other products, continues to […]
Akamai Technologies Inc. AKAM, +1.33% stock fell more than 10% in after-hours trading Tuesday after the cybersecurity and computing company reported a mixed first quarter. Akamai said it earned $119 million, or 73 cents a share, in the quarter, compared with $156 million, or 94 cents a share, in the year-ago quarter. Adjusted for one-time […]
A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This is […]