Latest Market News

Apr 29
Elon Musk discussed layoffs and monetizing Twitter with bankers during deal negotiations: report

Tesla CEO TSLA, -0.45% Elon Musk reportedly discussed job cuts and ways of monetizing Twitter TWTR, +0.97% with bankers during negotiations for his $44 billion takeover of the online news and social networking site. Without offering specifics, Musk said cutting costs and jobs would help generate returns for Twitter, according to a Thursday report on […]

Apr 29
VeChain can be used as payment in 2M stores — and VET bridged to BNB chain

VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. 1568 Total views 16 Total shares Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over […]

Apr 29
Western Union dials down outlook on Russia-Ukraine war

Shares of Western Union Co. WU, +3.06% fell more than 4% in the extended session Thursday after the financial services company reported quarterly results within expectations but tweaked its 2022 outlook lower, saying it was impacted by halting its business in Russia and Belarus due to the war in Ukraine. Western Union said it earned […]

Apr 29
The Crude Chronicles – Episode 133

Oil Traders Raise Upside Bets on Supply FearsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long position last week for the first time in well over a month. The increase in upside exposure is likely a reflection of resurgent fears over the path the conflict in Ukraine is taking. […]

Apr 29
Investment Bank Outlook 28-04-2022

CIBCKey Headlines $YEN bought for the fix because today is month-end for Japan. Usual comments from Japanese Fin Min but no one paid any attention. Waiting for BoJ, no change expected, ultra-easy monetary policy to continue. BoC Governor Macklem reiterated that Canadian interest rates will go higher, how high they go will depend on how […]

Apr 29
Silver Wave Analysis – 28 April, 2022

• Silver broke support level 24.00• Likely to fall to support level 22.00 Silver recently broke the support level 24.00, intersecting with the 38.2% Fibonacci correction of the upward impulse from the end of last year. The breakout of the support level 24.00 accelerated the active intermediate ABC correction (2). Silver can be expected to […]