News

May 28
Coronavirus tally: White House unveils more steps to make antiviral Paxlovid more accessible across U.S.

The White House on Thursday announced more steps to make the antiviral treatment Paxlovid more accessible across the U.S. as it projects COVID-19 infections will continue to spread over the summer travel season, the Associated Press reported. The nation’s first federally backed test-to-treat site is opening Thursday in Rhode Island, providing patients with immediate access […]

May 28
Pinduoduo stock surges after big profit and revenue beats, as gross margin improves sharply

The U.S. listed shares of Pinduoduo Inc. PDD, +15.19% charged 9.5% higher in premarket trading Friday, after the China-based mobile marketplace reported first-quarter profit and revenue that rose well above expectations, as gross margin improved sharply with costs falling. The company swung to net income of RMB2.60 billion ($410.1 million), or RMB1.84 a share, from […]

May 28
AUDUSD, H1 | Potential Bullish Continuation

Type: Bullish BounceKey Levels:Resistance: 0.72627Pivot: 0.70902Support: 0.69503Preferred Case:On the H1, with price moving above the ichimoku cloud and price moving within the ascending trend channel, we have a bullish bias that price will rise to our 1st resistance at 0.72627 where the swing high is from our pivot at 0.70902 in line with the 61.8% […]

May 28
Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months

The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high. 1770 Total views 29 Total shares The Bitcoin network witnessed a historic event on May 12 when the network difficulty attained its all-time high of 31.251 trillion as […]

May 28
Hibbett shares fall premarket after profit miss as higher costs and lower discretionary income weigh

Hibbett Inc. shares HIBB, +2.74% slid 4% in premarket trade Friday, after the sporting goods retailer missed profit estimates for its fiscal first quarter amid rising costs. The company posed net income of $39.3 million, or $2.89 a share, for the quarter to April 30, down from $84.8 million, or $5.00 a share, in the […]

May 28
LyondellBasell stock rallies after special dividend announced, regular dividend raised

Shares of LyondellBasell Industries N.V. LYB, +5.00% rose 1.1% in premarket trading Friday, after the U.K.-based chemical company said it will pay a special dividend of $5.20 a share, after setting new records for cash generation in 2021. With 327.6 million shares outstanding, the special dividend represents a payout of $1.70 billion. The company also […]