Cryptocurrencies
Sunset Market Commentary
Markets Calm returned to European stock markets after a manic Monday. EU bourses recoup a modest 0.4 to 1% from the losses that mounted to more than 4%. US stocks are less lucky. The late-session Read more…
Cryptocurrencies
US consumer confidence dropped to 113.8 in Dec, below expectation
US Conference Board Consumer Confidence Index dropped from 115.2 to 113.8 in December, above expectation of 112.3. Present Situation Index rose from 144.8 to 148.2. Expectations Index dropped from 95.4 to 90.8. “Consumer confidence moderated Read more…
Cryptocurrencies
Risk Off Resumes, S&P500 Heads Back Towards Correction Territory
Fed fears drive stocks lower as the two day FOMC meeting begins. US futures Dow futures -0.85% at 34095 S&P futures -1.6% at 4345 Nasdaq futures -2.1% at 14209 In Europe FTSE +0.7% at 7360 Read more…
Cryptocurrencies
Swiss Franc Extends Slide
The Swiss franc is down sharply on Tuesday, with USD/CHF climbing above the 92 line for the first time in two weeks. In the North American session, USD/CHF is trading at 0.9184, up 0.58% on Read more…
digital
The struggling magician behind the iBeer app was making up to $20K a day in its heyday
How is he doing that!? Good. Clean. Honest. Fun. That’s what the iBeer app represented to a generation of early iPhone users, and that, I’m afraid, is very much what’s missing in today’s world of Read more…
digital
The struggling magician behind the iBeer app was making up to $20K a day in its heyday
How is he doing that!? Good. Clean. Honest. Fun. That’s what the iBeer app represented to a generation of early iPhone users, and that, I’m afraid, is very much what’s missing in today’s world of Read more…
Cryptocurrencies
There Is A New Tesla Cybertruck. But Will It Ever Be Produced?
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
Cryptocurrencies
Tesla Cybertruck May Actually Exist
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
Cryptocurrencies
Market Awaits FOMC Meeting, Keeps an Eye on Ukraine Crisis
FOMC minutes attract attention The two-day FOMC meeting begins today and concludes tomorrow with a decision as the global economy is feeling the pain of omicron variant. The Federal Reserve is widely expected to maintain its hawkish stance as it Read more…
Cryptocurrencies
SmileDirectClub to Close Some Overseas Operations, Cut Jobs
SmileDirectClub will close certain overseas operations, pause its move into other international markets, cut jobs and book related costs SmileDirectClub (SDC) – Get SmileDirectClub Inc Class A Report said it would close certain overseas operations, Read more…