Market Picture The crypto market is struggling to break above the $1.09 trillion cap, having turned south from that level on Thursday morning, bringing the total market valuation down to $1.084 trillion. Bitcoin continues to Read more…
Rivian Automotive (RIVN) – Get Free Report shares slumped lower in pre-market trading after the upstart electric carmaker unveiled plans to offer a convertible bond that offset a solid revenue forecast. Rivian third quarter revenues likely Read more…
Exxon Mobil (XOM) – Get Free Report shares moved lower in pre-market trading, tracking the biggest pullback in global crude prices in several months, as it forecast healthy overall profits for the third quarter. In a Read more…
Cable started to lose traction in early European trading on Thursday, after Wednesday’s recovery, supported by better than expected UK services PMI and US ADP miss, stalled under initial resistance – falling 10DMA (1.2173), which Read more…
Amazon (AMZN) – Get Free Report share edged lower in pre-market trading, while Microsoft (MSFT) – Get Free Report lagged its mega-cap tech peers, after regulators in Britain called d for an antitrust probe into the pair’s Read more…
USD/JPY drifting for a second straight day BoJ likely did not intervene in currency markets The Japanese yen has posted slight gains on Wednesday. In the European session, USD/JPY is trading at 148.97, down 0.10%. Read more…
The Bureau of Labor Statistics will add another round of data to this week’s mixed readings on the job market as investors remain fixated on movements in Treasury yields amid renewed inflation concerns. The BLS Read more…
U.S. equity futures slipped lower Thursday, with investors again tracking minute-by-minute moves in the bond market ahead of another key jobs report that could stoke further inflation concerns. A pullback in Treasury yields yesterday, sparked Read more…
Image: The Verge While Google’s search engine has for years been the default on Apple’s devices, newly unsealed court testimonies reveal that Apple held talks with both Microsoft and DuckDuckGo to use their search engines Read more…
UK’s construction sector is experiencing a significant setback, as evidenced by the sharp fall in PMI Construction index to 45.0 in September, a level not seen since May 2020 and far below the anticipated 49.9. Read more…