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Stocks stumbled Tuesday, ending sharply lower and erasing the previous session’s gains as investors awaited a Federal Reserve rate decision that’s expected to deliver another jumbo increase. The Dow Jones Industrial Average DJIA, -1.01% fell around 313 points, or 1%, to end near 30,707, according to preliminary figures. The S&P 500 SPX, -1.13% dropped 1.1% […]
Shares of Charter Communications Inc. CHTR, -2.37% dropped 2.1% in afternoon trading Tuesday toward a 3 1/2-year low, buy pared earlier losses of as much as 2.7%, after a Texas judge reduced what the cable company must pay in damages to a murder victim’s family to $1.15 billion, according to a report in The Wall […]
Shares of Weyerhaeuser Co. WY, -5.85% took 6.4% dive in afternoon trading, toward a 21-month low, after BofA Securities analyst George Staphos downgraded the paper and forest products company, citing a lower outlook for operating rates and pricing for wood products and a “looming recession.” Staphos cut his rating to neutral from overweight, and lowered […]
• NZDUSD broke round support level 0.6000 • Likely to fall to support level 0.5800 NZDUSD currency pair recently broke below the round support level 0.6000 (which stopped the earlier minor impulse wave (i) at the start of this month). The breakout of the support level 0.6000 accelerated the active impulse waves 3 and (iii) […]
• AUDNZD broke resistance level 1.3200 • Likely to rise to resistance level 1.1400 AUDNZD currency pair recently broke above the resistance level 1.3200 (which has been reversing the price from the end of April). The breakout of the resistance level 1.3200 coincided with the breakout of the extended up channel from April, which accelerated […]
IP rights will continue to be an area of conflict within Web3 and NFTs, but there’s no easy solution, lawyers told Cointelegraph. 1262 Total views 16 Total shares Intellectual property (IP) rights will continue to be a growing area of tension within Web3 and nonfungible tokens (NFTs), as IP rights often rely on a single […]