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Stocks finished higher on Wednesday, adding to sharp gains booked a day before, with a corporate earnings from a string of major technology companies in focus. The Dow Jones Industrial Average DJIA, +0.15% added about 51 points, or 0.2%, ending near 31,878. The S&P 500 index SPX, +0.59% rose 0.6%, while the Nasdaq Composite Index […]
A major Bored Ape Yacht Club (BAYC) NFT hodler lost 100 Ether (ETH), worth $150,000 as a result of a joke bid on his own registered Ethereum Name Service (ENS) domain. The NFT whale, who owns 57 BAYC NFTs and goes by @franklinisbored on Twitter, minted the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” using an alternate wallet on […]
Published: July 20, 2022 at 4:29 p.m. ET Shares in Carnival Corp. dropped more than 7% in after-hours trading Wednesday following an announcement that the cruise operator intends to sell at least $1 billion in fresh stock. The company announced that it intends to sell $1 billion in new shares, but underwriter Goldman Sachs [s:gs] […]
Type: Bullish Rise Key Levels:Resistance: 3.4808Pivot: 3.3401Support: 3.2003 Preferred Case:On the H4, with prices bouncing off the ichimoku indicator and moving along the ascending trendline while the RSI is moving along an ascending trendline, we have a bullish bias that price will rise to the pivot at 3.3401 in line with the swing high resistance […]
Type: Bullish Rise Key Levels:Resistance: 12943.25Pivot: 12232.25Support: 11790.25 Preferred Case:On the H4, with price moving in an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 12232.25 at the pullback resistance in line with the 78.6% fibonacci retracement to the 1st resistance at […]
Crypto industry experts are largely unfazed by Tesla’s decision to sell 75% of its Bitcoin (BTC) holdings, saying it’s a fairly typical strategy for companies to improve cash flow during economic slowdowns. On Wednesday, the electric vehicle manufacturer revealed that it had sold 75% of its Bitcoin holdings in Q2, adding $936 million in fiat […]