Special committee of Paramount Global endorses plan to merge with Skydance Media, source says By Reuters – Investing.com
Investing.com — The S&P 500 continued its record rally on Monday, closing at an all-time high for the fourth consecutive day amid caution ahead of Federal Reserve Chairman Jerome Powell’s congressional testimony this week and key inflation data. As of 4pm ET (20:00 GMT), the S&P 500 was up 0.06% to hit a new closing […]
Silent $8 Million Bitcoin Whale Awakens and Does This By U.Today – Investing.com
U.Today – According to blockchain tracking site Whale Alert, an address holding 140 BTC, now worth over $8 million, has resurfaced after a decade of inactivity. The address, dubbed “1BLoHu,” first received 140 BTC in 2013, when it was valued at around $107,000. As mentioned earlier, the transaction from 11 years ago came from a […]
Oil little changed as investors eye impact of storm Beryl on Texas By Reuters – Investing.com
Investing.com — Gold prices edged lower in Asian markets on Monday as traders awaited further clues on U.S. interest rates from testimony by Federal Reserve Chairman Jerome Powell and the release of key inflation measures this week. However, bullion prices remained near one-month highs and looked set to rise back above $2,400 an ounce amid […]
Oil prices muted as markets watch for storm Beryl impact By Investing.com – Investing.com
Investing.com — Oil prices were flat in Asian markets on Monday as traders closely monitored the impact of Tropical Storm Beryl on crude production in the Gulf of Mexico, but also remained focused on further signs of robust summer demand. Oil prices have recorded four straight weeks of big gains on hopes of stronger summer […]
Morning Bid: Optimism rising high, soft landing on track By Reuters – Investing.com
Jamie McGeever (Reuters) – Future outlook for Asian markets. Investors entered the new week in optimistic spirit after last Friday’s U.S. jobs report put a “soft landing” scenario on track, driving down the dollar and bond yields and fuelling a relentless “risk-on” rally in stocks. Most of the world’s major stock markets are at all-time […]
Street Calls of the Week: Nvidia gets a rare downgrade By Investing.com – Investing.com
A professional roundup of key findings from Wall Street analysts over the past week, including a rare Nvidia (NASDAQ:) stock price cut. InvestingPro subscribers are always the first to know about market-moving rating changes. Intercontinental Exchange (NYSE:) what happened? Goldman Sachs raised Intercontinental Exchange (NYSE:ICE) to a “buy” rating and set a $167 price target […]
Legendary Trader Peter Brandt Issues Crucial Bitcoin Warning for Bulls By U.Today – Investing.com
U.Today – (BTC) opened Thursday by dropping to $57,300. The cryptocurrency is currently trading at its lowest level in nearly three months, since the end of April. The second-largest cryptocurrency by market cap, , also started the day lower, but so did the broader market. In the past 24 hours, positions worth $319.98 million were […]
US stock futures flat in holiday-thinned trade; rate cut bets grow By Investing.com – Investing.com
Investing.com — U.S. stock index futures were little changed in evening trading on Wednesday as trading volume remained thin due to the Independence Day holiday. But Wall Street hit a record high in shortened trading on Wednesday as the weak data stoked hopes that the Federal Reserve will start cutting interest rates from September. It […]
Gold prices gain some ground as dollar falls on rate cut hopes By Investing.com – Investing.com
Investing.com — Gold prices rose in Asian markets on Wednesday, but took some relief from a weakening dollar following some positive comments from Federal Reserve Chairman Jerome Powell. However, traders leaned towards the dollar on expectations of further indications on US interest rates, while gold remained within the trading range established for most of June. […]
Crucial Bitcoin Value Statement Issued by Samson Mow Based on This Metric By U.Today – Investing.com
U.Today – JAN3 CEO and enthusiast Samson Mow made a major statement regarding the current value of BTC. This came as Bitcoin, the world’s largest cryptocurrency, recovered the $63,000 level overnight, only to lose it again today. In the past 24 hours, BTC rose from $61,825 to $63,600, a rise of almost 3%. Currently, Bitcoin […]