Cryptocurrencies
Japanese Yen Hits 20-Year Low
The Japanese yen is slightly lower at the start of the week. In the Asian session, the yen fell as low as 131.35, which marked a 20-year low. Will BoJ step in to defend the Read more…
Cryptocurrencies
CVS, Humana Make Bank of America List of Large-Cap Health Care Stocks
The health-care sector constitutes ‘our favorite overweight for today’s macro environment,’ Bank of America analysts said. Health-care stocks have outperformed the broader stock market this year. The Health Care Select Sector SPDR Fund (XLV) – Read more…
Cryptocurrencies
Sunset Market Commentary
Markets Russian President Putin’s speech at Victory Day didn’t deliver the feared escalation in the war against Ukraine. Markets reacted stoic, avoiding the trap to turn positive on the likelihood of a near-term cease-fire. Oil Read more…
Cryptocurrencies
Caesars Nears Las Vegas Strip Casino Sale (It’s More Complicated Than That)
The highly indebted company has made clear what it wants to do, but VICI Properties may throw a wrench into the plans. Caesars Entertainment (CZR) – Get Caesars Entertainment Inc Report Chief Executive Tom Reeg Read more…
Cryptocurrencies
Baskin-Robbins Goes Beyond Ice Cream With a Cultural Classic
The global market for boba tea is expected to reach $4.3 billion by 2027. Adoption of a product by an international fast-food company can show that what was once limited to a particular culture has Read more…
digital
It’s Ars Frontiers week—and we’ve got something happening every day
Enlarge (credit: Aurich Lawson) We made it! After announcing our inaugural conference and providing you with updates, we’re ready to get things started. We’ve been planning this event for months, and as some of your favorite Read more…
Cryptocurrencies
Stocks Tumble on Global Growth Concerns, China’s Lockdown
US stocks are set to extend the sell off as fears of tighter monetary policy & the ongoing China lockdown hit sentiment. US futures Dow futures -1.1 % at 32530 S&P futures -1.4% at 4065 Read more…
Cryptocurrencies
USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 130.16; (P) 130.49; (R1) 130.87; More… Breach of 131.24 resistance argues that USD/JPY’s up trend is resuming. Intraday bias is mildly on the upside for 261.8% projection of 109.11 to 116.34 from Read more…
Cryptocurrencies
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.9845; (P) 0.9869; (R1) 0.9909; More…. USD/CHF’s rally is still in progress and intraday bias remains on the upside for 261.8% projection of 0.9149 to 0.9459 from 0.9193 at 1.0005 next. On Read more…
digital
What to expect from Google I/O on Wednesday
Illustration by Alex Castro / The Verge Google’s annual developer conference, Google I/O, is scheduled to take place this week, kicking off with an opening presentation on Wednesday, May 11th, at 1PM ET. Although the Read more…