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Lowe’s Cos. Inc. LOW, +1.98% said late Friday it has appointed Brandon Sink as its chief financial officer, effective April 30. Sink, currently senior vice president of retail finance, succeeds Dave Denton, who is stepping down as CFO to “pursue another opportunity at a publicly traded company outside the industry,” Lowe’s said. Sink and Denton […]

A Bitcoiner has “pooled” off another mining innovation. The “waste” heat generated by mining Bitcoin (BTC) is used to warm his swimming pool.  Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but the year before [he started using waste heat], they barely ever did it because it was always too cold for them.” Fortunately, […]

Citigroup Inc.’s stock C, +1.99% rose 2.0% in afternoon trading, reversing an intraday loss of as much as 0.4%, putting it on track to produce a “bullish engulfing” candlestick chart pattern that many technicians believe precedes a trend reversal. On Thursday, the stock had opened at $50.56 then closed at a 17-month low of $50.03. […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed an Inverted Hammer reversal pattern close to the support area. At the moment, EURUSD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.0915. However, an alternative scenario […]

EURUSD, “Euro vs US Dollar” EURUSD has completed the descending wave at 1.0855 and may later start a new correction to reach 1.0955. After that, the instrument may resume trading downwards with the target at 1.0805. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is forming a new consolidation range around 1.3080. Possibly, the pair […]

Although Europe’s decision to ban Russian coal will affect a major source of Moscow’s revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions imposed on Russia since the invasion of Ukraine on February 24, including a ban on […]