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Amazon profits surge on strong trading season and cloud computing growth | Amazon

Amazon’s profits soared on strong seasonal trading and strong growth in its strong cloud computing business. The world’s largest retailer generated $170 billion in revenue in the three months ended December, up 14% from the same period in 2022 and beating Wall Street expectations of about $166 billion. did. Net income reached $10.6 billion in […]

Trader Made $1.60 Million Trading This New Solana Meme Coin – BeInCrypto

Solana welcomes the arrival of a new meme coin called WEN. The digital asset generated significant interest in the community after being distributed to over 1 million wallets. Taking advantage of the growing excitement around WEN, one clever trader was able to amass a profit of approximately $1.6 million in less than 14 hours. Solana […]

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs – CoinDesk

Activities of ProShares Bitcoin Strategy ETF (BITO), the world's leading Bitcoin (Bitcoin) Futures-based exchange-traded funds (ETFs) have cooled significantly since the launch of ETFs that invest directly in cryptocurrencies began trading in the United States on January 11. Just over $500 million worth of BITO stock was transferred to the NYSE on Thursday, 75% from […]

Lawmakers urge Speaker Johnson to bring stock trading ban to floor for vote

More than 20 lawmakers on Friday called on House leadership to bring to the floor for a vote a bill that would ban members from participating in the stock market. The group said in a letter to Speaker Mike Johnson (R-Louisiana), House Minority Leader Hakeem Jeffries (New York), and House Minority Leader Hakeem Jeffries (New […]

Ex-Pfizer employee convicted of insider trading on COVID drug study

Federal prosecutors found a former Pfizer employee guilty of insider trading on Thursday for purchasing stock options in November 2021, shortly before the company announced clinical trial results for its coronavirus antiviral drug paxlobid. announced that it had been received. A federal jury in Manhattan convicted Amit Duggar, 44, of Hillsboro, New Jersey, on one […]

Gold looks to get back on track in January trading – ForexLive

Friday's US PPI data certainly sparked some notable moves in the market, with the standout move being at the forefront of the US Treasuries curve. But at the same time, it sparked a resurgence in gold and saw major technological shifts. Gold (XAU/USD) hourly chart Ahead of the data, gold cleared the 200-hour moving average […]

Bitcoin ETFs trading surges amid Gary Gensler’s SEC warning

Despite SEC Chairman Gary Gensler's warning to investors to think twice before pouring money into crypto products, the volume of the newly approved Spot Bitcoin ETF on Friday declined from its launch. It soared to more than $5 billion in just two days. After years of controversy over legality, the SEC approved 11 exchange-traded funds […]