Stocks are finding some favor in the final days of their worst first half start in 50 years, but recession, rate and inflation concerns continue to cap gains. U.S. equity futures bumped higher Monday, extending Read more…
“These subpoenas … could materially delay, materially impede, or prevent” DWAC’s planned merger with Trump Media & Technology Group. Digital World Acquisition Corp. (DWAC) , the bank-check company planning to merger with former President Donald Read more…
China’s PBoC made its biggest daily cash injection into the banking system in nearly three months today. CNY 100B worth of seven-day reverse repos were injected. The central bank said the operation was to keep Read more…
The two billionaires are among the two big names in the business community to react to this hot topic since the Supreme Court’s historic decision. Bill Gates and George Soros are furious and sad. The Read more…
Spot gold opened with a gap higher and edged higher on Monday, lifted by signals that some Western nations are planning to officially ban imports of gold from Russia, in extension to the package of Read more…
The Aussie Dollar started a fresh decline from the 0.7050 zone against the US Dollar. The AUD/USD pair tested the 0.6880 zone where the bulls took a stand. The pair is now correcting losses and Read more…
Stock futures higher as ‘bear market rally’ continues; Week Ahead: inflation back in focus as rate bets subside; G-7 leaders mull price cap on Russian crude; Nike shares higher ahead of Q4 earnings and Frontier Read more…
Crypto firm Celsius Network has suspended fund withdrawals and other transactions since June 12 and questions about its future persist. Nearly three weeks after Celsius Network suspended fund withdrawals and other operations from its platform, Read more…
Tesla CEO has not forgotten that President Joe Biden ignored the auto manufacturer for more than a year. Elon Musk holds a grudge against those who doubt or ignore Tesla (TSLA) – Get Tesla Inc. Read more…
From Elliott wave perspective, an impulsive five-wave drop from the highs suggests temporary top and new, higher degree three-wave (A)-(B)-(C) corrective pullback called a zig-zag correction. Currently we can see it finishing wave (A), so Read more…