News

Oct 25
Stocks log sharp gains to end near session highs as yields pull back

Stocks rallied sharply on Tuesday, finding support as investors weighed a stream of earnings and a retreat in Treasury yields. The Dow Jones Industrial Average DJIA, +1.07% rose nearly 340 points, or 1.1%, to close near 31,837, according to preliminary figures, while the S&P 500 SPX, +1.63% advanced around 62 points, or 1.6%, to finish […]

Oct 25
Bitcoin trades above $20,000 for first time in 2 weeks as Treasury yields pull back

Bitcoin BTCUSD, -0.18% is trading above $20,000 Tuesday to the highest level since Oct. 6, amid renewed hopes among investors that the Federal Reserve may slow the pace of its aggressive rate hikes by year-end. Bitcoin went up 5% Tuesday while Ether ETHUSD, -0.07% rallied 11% to around $1,500, the loftiest level since Sept. 15, […]

Oct 25
Universal Health Services Q3 results beat estimates, stock rockets higher

Universal Health Services Inc. UHS, +3.90% jumped 12% after hours after the hospital and health-facility operator reported third-quarter results that beat estimates. The company reported net income of $182.8 million, or $2.50 a share, compared with $2.60 a share, during the third quarter of 2021. Net sales rose 5.7% to $3.34 billion, compared with $3.16 […]

Oct 25
Ecosystem is bullish on the metaverse, no matter what the numbers imply

Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on. Source: Cointelegraph

Oct 25
Earthquake rattles Silicon Valley, San Francisco

An earthquake with a preliminary magnitude of 5.1 was felt throughout the San Francisco Bay Area on Tuesday, around 11: 42 a.m. Pacific time. The United States Geological Survey reported the 5.1 magnitude quake, as well as an aftershock that registered roughly 3.1 on the Richter scale about 5 minutes later, and said that it […]

Oct 25
Russia using tactical nuclear weapon would be ‘serious mistake,’ Biden says

President Joe Biden on Tuesday warned Russia that use of a tactical nuclear weapon would be “an incredibly serious mistake.” The president was speaking after getting an updated COVID booster at the White House. Biden was asked by reporters about possible use by Russia of nuclear weapons. Earlier this month, Biden warned that the risk […]