News
Tesla Sell Off DeepensShares in US automaker and alternative energy firm Tesla have come under heavy selling pressure this week. The company’s stock plunged by 12% yesterday over concerns relating to the company’s founder and CEO, Elon Musk, agreeing to but Twitter for $44 billion. Stockholders are reportedly concerned that, in order to finance the […]
Stocks opened higher Wednesday, attempting a bounce a day after a 4% slide for the Nasdaq Composite saw the tech-heavy index post its lowest finish since December 2020. The Dow DJIA, +0.82% rose 130 points, or 0.4%, while the S&P 500 SPX, +1.09% gained 0.5% and the Nasdaq COMP, +1.40% advanced 0.8%. Investors were parsing […]
Shares of Boeing Co. BA, -5.04% dropped 3.2% toward a 17-month low in premarket trading Wednesday, after the aerospace and defense giant reported a much wider-than-expected first-quarter loss and big misses in revenue and free cash flow, as disappointing commercial airplanes and defense results offset strength in global services. The net loss more than doubled […]
OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections […]
Amazon.com Inc. AMZN, -4.58% announced its latest Go store in Mill Creek, Wash., on Tuesday, featuring an expanded selection of food and beverages, including beer and wine, and a made-to-order kitchen that’s open all day. Menu items include breakfast burritos, avocado toast, and a variety of sandwiches and salads. Returns can be shipped without packages […]
EURUSD, “Euro vs US Dollar” In the monthly chart, EURUSD is testing the descending channel’s downside border; after updating last March’s low, the asset has broken the downside border of a Triangle pattern and may later return to the pattern’s broken border at 1.0845. The instrument is currently moving below Ichimoku Cloud, thus indicating a […]