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Month: December 2023

Cryptocurrencies

Popular retailer closing hundreds of stores, slashing big brand

The 2023 retail apocalypse continues. It has been a year in which weaker retailers continue to fall and secondary malls continue to become less relevant. At a time where cash has become expensive, a number Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

S&P 500 rally facing key tests from bond sales and CPI ahead of Fed meeting

Stocks are facing a key three-day stretch this week as investors look to Wednesday’s Federal Reserve policy meeting to clarify the central bank’s 2024 rate path and potentially extend one of the strongest Wall Street Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Why political ads are helping keep X afloat

It’s not secret that Elon Musk has been bleeding advertisers at X, formerly known as Twitter, since his purchase of the platform in late 2022.  Since he brought a sink into Twitter headquarter to let Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Popular beverage brand makes a massive change (fans aren’t sure about it)

It’s a bizarre time to be in the beverage industry.  On the one hand, it’s never been a better time as a boom in flavor experimentation and social media influencer culture lend more opportunity to Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Macy’s stock soars Monday – What we know about a reported takeover offer

TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, December 11th. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – reporting Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Euro Shows Temporary Stability

The Euro’s recent stabilization against the US dollar, now hovering around 1.0766, may be short-lived. Market eyes are turning towards the upcoming two-day meeting of the US Federal Reserve, starting Tuesday and concluding late Wednesday. Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

AUD/USD: Holds in Extended Sideways Mode, Awaiting Key Economic Releases for Direction Signals

AUDUSD eases further on Monday and breaks below 200DMA which marks approximately the mid-point of 0.6525/0.6620 congestion, in which the pair is holding for the fifth straight day. Near-term action lacks clear direction signal while Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

USD/JPY: Extends Advance on Fresh Dovish Comments from BoJ

Bounce from last Thursday’s multi-month low and a bear-trap, extends into second consecutive day and accelerates on Monday. The dollar benefited from stronger than expected US jobs data in November, which shifted the view about Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Sunset Market Commentary

Markets The Japanese yen last week grabbed a lot of market attention over speeches by the Bank of Japan’s number 1 (governor Ueda) and shared number 2 (deputy governor Himino). Both fanned speculation over an Read more…

By , 2 years ago December 11, 2023
Cryptocurrencies

Wedbush’s Dan Ives says Apple will be valued at $4 trillion next year

Apple  (AAPL) – Get Free Report the stock is trading in the vicinity of its record, hovering at $195 a share against its closing high of $196.45, set on July 31. The stock accelerated back beyond Read more…

By , 2 years ago December 11, 2023

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