Latest Market News
NordicTrack brand owner iFit Health & Fitness Inc. is scrapping its plans for an already postponed initial public offering, according to a filing with the Securities and Exchange Commission on Wednesday. In its brief filing with the SEC, iFit merely said: “The company is applying for withdrawal of the registration statement because the company has […]
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768 BTC. Terra buys the dip… again The move comes after a multi-day lull in buying activity […]
In the latest sign that multi-cloud computing awards will become a corporate and government agency norm, Boeing Co. BA, -2.24% on Wednesday announced it has awarded a contract to the three biggest U.S. cloud-computing companies — Amazon.com Inc.’s AWS AMZN, -3.19%, Microsoft Corp. MSFT, -4.33% and Alphabet Inc.’s Google GOOGL, -3.00% GOOG, -2.85% — to […]
The cryptocurrency expectedly responded to the US stock market decline. Yesterday, American policymakers spoke and said that the US Fed’s portfolio would be cut much faster than in the past, as well as announced a possibility of a 50-point rate hike during its meeting on 3-4 May. This news made investors sell assets and indices […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming the descending wave and may soon reach at 1.0860. After that, the instrument may correct towards 1.0945 and then start another decline with the target at 1.0806. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at 1.3079, GBPUSD is forming a new consolidation […]
Type: Bullish RiseKey Levels:Resistance: 73.42Pivot: 72.11Support: 70.81Preferred Case:With price moving above the Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 73.42 in line with the overlap resistance and 61.8% Fibonacci retracement from our pivot of 72.11 in line with the 23.6% Fibonacci retracement and […]