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Month: November 2024

Cryptocurrencies

Dollar Gains Capped by 10-Year Yield’s Struggle with Critical Resistance Level

While Dollar extends recent gains following stronger than expected PPI data in early US session, it’s upward momentum was somewhat capped by the retreat in treasury yields as their correlation continues. Nevertheless, the greenback is Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

Cathie Wood sells $48 million of battered tech stock

Following President-elect Donald Trump’s recent election win, Cathie Wood’s ARK funds saw a notable rise. ARK Invest’s flagship fund, ARK Innovation ETF  (ARKK) , is up 15.87% since Nov. 6, while the S&P 500 Index Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

Carnival Cruise Line makes controversial dress code very clear

Many cruise line passengers remember the days when dinner was a formal affair every night. Even when it wasn’t a formal or elegant night, people would dress for dinner. It was a tradition that built Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

Royal Caribbean quietly fixes a major dining problem

Royal Caribbean is well known for its specialty restaurants, especially on its newer or larger ships. Some of its ships have six, seven, or more upscale dining experiences cruisers can choose from, ranging from classic Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

US initial jobless claims falls to 217k vs exp 224k

US initial jobless claims fell -4k to 217k in the week ending November 9, below expectation of 224k. Four-week moving average of initial claims fell -6k to 221k. Continuing claims fell -11k to 1873k in Read more…

By , 1 year ago November 14, 2024
digital

Apple faces a new $3.75 billion antitrust lawsuit over iCloud storage

Image: Cath Virginia / The Verge Apple is facing a £3 billion (about $3.75 billion) lawsuit from a consumer group that alleges the iPhone maker violated UK competition law by “forcing” customers to use its Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

US PPI up 0.2% mom, 2.4% yoy in Oct

US PPI for final demand rose 0.2% mom in October, matched expectations. Most of the rise can be traced to a 0.3% mom advance services. Prices of goods inched up 0.1% mom. PPI less foods, Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

Analysts revise Nvidia stock price targets as supply players update outlook

Nvidia shares edged higher in early Thursday trading following a twin set of updates from two key tech-sector suppliers and two price-target updates from top Wall Street analysts. Nvidia  (NVDA) , which is scheduled to Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

ECB accounts: Earlier path to 2% inflation, downside risks increase

In reviewing the October meeting accounts, ECB policymakers broadly agreed that the disinflationary trend in the Eurozone is progressing “well on track”. While “upside risks” to inflation persist, they are now viewed as less significant, Read more…

By , 1 year ago November 14, 2024
Cryptocurrencies

(ECB) Monetary policy accounts

Meeting of 16-17 October 2024 Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Ljubljana on Wednesday and Thursday, 16-17 October 2024 14 November 2024 1. Review Read more…

By , 1 year ago November 14, 2024

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