News
The S&P 500’s SPX, +2.59% energy sector saw a unanimous rally in midday trading Monday, as reports that an large oil-producing cartel plans to cut production provided a big lift to crude oil prices. The SPDR Energy Select Sector exchange-traded fund XLE, +5.65% ran up 5.0% with all 21 components gaining ground. The ETF’s biggest […]
Shares of General Motors Co. GM, +2.43% jumped 2.8% in premarket trading Monday, after the automaker reported a 24.3% jump in third-quarter U.S. vehicle sales to 555,580 vehicles, and a “modestly improving” inventory situation. The sales for the latest quarter included a 27.4% decline in Buick deliveries, a 49.5% rise for Cadillac, a 29.5% increase […]
The U.S.-listed shares of Toyota Motor Corp. TM, +4.07% 7203, +3.22% bounced 4.0% off a two-year low in morning trading Monday, after the Japan-based automaker’s North America business (TMNA) said September sales jumped 17.1% to 179,050 vehicles. The September sales total included 35,419 electric vehicles (EVs), or about 20% of total sales. Within the company’s […]
Nonfungible token (NFT) artist Mike “Beeple” Winkelmann has found himself the target of phishing scammers yet again, warning users that the URL link to his official Discord server was “hacked” — sending unaware new members to a wallet-draining Discord channel if they follow the link. In an Oct. 3 post, the NFT artist warned users […]
Abner Kurtin, co-founder and former CEO of cannabis company Ascend Wellness Holdings AAWH, -2.20%, no longer faces battery charges against his domestic partner, MJ Biz Daily reported late Friday. The Miami-Dade State Attorney’s Office told MJ Biz Daily the charges were dropped because neither the alleged victim nor the witness agreed to cooperate with police […]
Type: Bullish Momentum Key Levels:Resistance: 20.005 Pivot: 19.140 Support: 18.720 Preferred Case:The price is crossing the ichimoku cloud and moving within the ascending trendline, we have a bullish bias that the price may rise from the pivot at 19.140, which is in line with the 23.6% fibonacci retracement to the 1st resistance at 20.005, where […]