Category: Uncategorized
Shares of Oracle Corp. ORCL, -0.91% slipped 0.3% in afternoon trading Friday, putting them on track to extend their losing streak to 11 sessions. That would be the longest such streak since Oracle went public in March 1986, according to Dow Jones Market Data. The database giant’s stock has now tumbled 15.3% since it last […]
Baker Hughes BKR, +0.46% data on Friday afternoon showed the U.S. weekly active oil-rig count standing pat at 586. Oil rigs were steady at 480 and those rigs drilling for natural gas held at 106, according to the companies data. For the year, rigs are up 235, with those drilling for oil increasing by 213 […]
Shanghai’s five-year plan calls for the use of a metaverse in public services, businesses, entertainment and industrial manufacturing. 3654 Total views 37 Total shares Shanghai, China’s most crowded city, is looking for ways to use a metaverse in public services over the next five years. Shanghai Municipal Commission of Economy and Information Technology’s five-year development […]
Stocks ended modestly lower on New Year’s Eve, with the Dow Jones Industrial Average DJIA, -0.16% losing its grip on slight gains late in the year’s final session. The blue-chip index shed about 60 points Friday, or 0.2%, to end near 36,338, still enough to solidify a 1.1% weekly gain, 5.4% advance for December and […]
The year 2021 is coming to a close, and if there’s one way to describe how the cryptocurrency industry fared in the past 12 months, it would be momentous growth. Major cryptocurrencies shattered previous records, adoption grew, new sectors sprouted and novel blockchain use cases made significant breakthroughs. The Market Insight’s latest edition recalls the […]
U.S. oil futures on Friday settled lower on the eve of 2022, marking the first decline in the past eight sessions, but the loss belies a stellar year for crude bulls, with the commodity posting the sharpest annual rise since 2009. West Texas Intermediate crude oil for February delivery CLG22, -1.96% CL00, -1.96% declined $1.78, […]
Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires. 11733 Total views 81 Total shares Bitcoin (BTC) put in an early end-of-year flourish on Dec. 31 as an upward boost saw BTC/USD retake $48,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Options expiry fades Data from Cointelegraph Markets […]
Gold futures closed solidly higher Friday in 2021’s final session, but the precious metal still registered the steepest annual drop since 2015 as investor appetite for the traditional safe-haven asset sagged. The precious metal advanced in the final week, month and quarter of the year but it wasn’t sufficient to help avoid closing in negative […]
Bitcoin (BTC) and most major altcoins are attempting a rebound off their respective support levels, indicating that buyers continue to accumulate on dips. Data from Coinglass shows that 9,925 Bitcoin left Coinbase Pro, the professional trading arm of Coinbase, on Dec. 30, a possible sign of institutional buying. This is in sharp contrast to the […]
Shares of Nutriband Inc. NTRB, +169.06% rocketed 126.6% in very active trading Friday morning, after the developer of a fentanyl abuse deterrent patch said it was issued a full patent in South Korea for its lead technology Aversa. Volume spiked to 31.8 million shares, compared with the full-day average of roughly 55,300 shares, and enough […]