It’s been a tumultuous few weeks for Bitcoin and other cryptocurrencies as the war in Ukraine has been both a positive and a negative driving force for digital currencies. But the deepening rout in equity Read more…
Stock-market rout for chipmakers continues in the face of strong demand for semiconductors. Shares of the major semiconductor producers have been heavily pressured even in the face of strong and broad demand for chips. The Read more…
The Euro surged through key support at 1.0635 (2020 low) on Wednesday, extending steep fall into fifth straight day and hitting levels last traded in March 2017, after triggering stops parked below. The single currency Read more…
The euro continues to lose ground and is down for a fifth successive day. EUR/USD has fallen close to 1% today, as it trades at 1.0542. Russia’s comments weigh on markets The euro blues show Read more…
VCs are funding more robotics companies as industries seek more automation. Venture capital firms are eager to allocate money into robotics firms in a wide range of industries from shipping to healthcare as more automation Read more…
The US dollar continues to reign supreme, capitalizing on bets for rapid-fire Fed rate increases and the troubles in other economies. Growth data for Q1 are out on Thursday and will reveal the early impact Read more…
Bears are taking a breather on Wednesday after a steep fall in past four days, when risk-sensitive Aussie dollar was down 4.3%, pressured by s robust greenback and strong risk aversion. Today’s release of Australian Read more…
Markets Russia yesterday moved to a next phase in the war of retaliatory economic sanctions, cutting of gas supply to Poland and Bulgaria as they refuse to pay in ruble. However, the market reaction was Read more…
Sin City, which has football’s Raiders and hockey’s Golden Knights, appears poised to add another major team. Las Vegas has become the unlikely — or maybe the inevitable — center of the sports universe. A Read more…
US stocks are heading higher after weakness yesterday and despite Russia cutting gas supplies to Poland and Bulgaria. US futures Dow futures +0.7 % at 33450 S&P futures +0.42% at 4196 Nasdaq futures +0.2% at Read more…