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Month: August 2022

Cryptocurrencies

Pound Edges Higher, Markets Eye US Inflation

The British pound has posted slight gains today. GBP/USD is trading in the European session at 1.2106, up 0.21% on the day. The economic calendar has been light so far this week. On Capitol Hill, Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

The Best U.S. Cities for Families

Anyone looking to raise a family these days might want to do whatever they can to stack the odds in their favor, and that could mean choosing the right place to live. It’s not easy Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

July US CPI: Has Inflation Peaked (Again)?

Tomorrow’s data could not only be the most important this week, but for the whole month. As we anticipated in Friday’s NFP podcast, there is a lot riding on US inflation data. That is particularly Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

US Inflation: Is the Elusive Peak Finally Here?

Following last week’s blistering jobs report out of the United States, investors will be turning their attention to Wednesday’s July inflation figures as bets of a 75-basis-point rate hike in September are back on. However, Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

Aussie Rally Takes Breather

In the European session, the Australian dollar is trading at 0.6991, up 0.10% on the day. This follows massive gains on Monday, when AUD/USD soared 1.04% and briefly pushed above the symbolic 70 level. The Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

Micron Technology Stock Tumbles On Reduced Q4 Chip Sales Forecast

“In FQ1, bit shipments are now expected to decline sequentially, and we expect significant sequential declines in revenue and margins,” Micron said. Micron Technology  (MU) – Get Micron Technology Inc. Report shares slumped lower Tuesday after Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

Bed Bath & Beyond Extends Short Squeeze Surge In Meme-Stock Rally Return

Suggestions of a Reddit-fueled short-squeeze have shares in struggling home retailer Bed, Bath & Beyond back on the move Tuesday. Bed, Bath & Beyond  (BBBY) – Get Bed Bath & Beyond Inc. Report shares extended their Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

Novavax Stock Plummets After Slashing 2022 Vaccine Sales Forecast

“I believe we were late to the market and US vaccination was driven by what was available and shown to work,” said Novavax CEO Stanley Erck. Novavax  (NVAX) – Get Novavax Inc. Report shares plunged lower Read more…

By , 4 years ago August 9, 2022
digital

Oppo and OnePlus halt phone sales in Germany following Nokia lawsuit

Photo by Allison Johnson / The Verge Chinese smartphone maker Oppo and its sub-brand OnePlus have halted sales of smartphones in Germany after losing a patent lawsuit with Nokia. Nokia has accused the companies of Read more…

By , 4 years ago August 9, 2022
Cryptocurrencies

Tesla Stock Higher As Investors Look Past July China Sales Slump

Tesla sold just over 28,000 China-made cars last month, an industry lobby group said Tuesday. Tesla  (TSLA) – Get Tesla Inc. Report shares edged higher Tuesday following data from China indicating a steep decline in July sales Read more…

By , 4 years ago August 9, 2022

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  • Bitcoin’s (BTC/USD) Price Outlook: Why Bitcoin’s Recovery Still Lacks the Ingredients for a Decisive Bullish Turn
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