Euro falls broadly today on expectation that EU is going to impose another round of sanctions against Russian following war crimes in Ukraine. Additionally, investor confidence data indicates the war in Ukraine is pushing Eurozone Read more…
The Arena Group closed the purchase of AMG/Parade, publisher of Parade magazine and other titles. The deal brings Arena’s monthly unique visitors to 121.9 million. The Arena Group (AREN) – Get Arena Group Holdings, Inc. Read more…
BoE Governor Andrew Bailey criticized at a “Stop Scam” conference that’s cryptocurrencies created an “opportunity for the downright criminal.” He asked, “what do people committing ransom attacks usually demand payment in? The answer is crypto.” Read more…
Pensando, founded by former executives from Cisco, will add to AMD’s ongoing push into the lucrative data center chip market. Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report said Monday it has agreed Read more…
Billionaire’s recently disclosed stake in a big oil producer doesn’t automatically make it a buy, Real Money Columnist Stephen ‘Sarge’ Guilfoyle argues. Warren Buffett’s Berkshire Hathaway BRK.A BRK.B recently disclosed a big stake in an Read more…
U.S. stocks edged cautiously higher Monday amid the bond market’s latest warning on recession and accelerating bets on Fed rate hikes. U.S. equity futures edged higher Monday, while the Treasury yield curve extended its inversion, Read more…
“We are not worried about our direct exposure to Russia, though we could still lose about $1 billion over time,” CEO Jamie Dimon told shareholders Monday. JPMorgan (JPM) – Get JPMorgan Chase & Co. Report shares Read more…
Eurozone Sentix Investor Confidence dropped from -7.0 to -18.0 in April, much worse than expectation of -9.7. That’s also the lowest level since July 2020. Current Situation index dropped from 7.8 to -5.5, lowest since Read more…
Gold has stabilized around the 1,925 level, which is the 50.0% Fibonacci retracement of the near six-week rally from 1,780 until the 19-month high of 2,070. The rising simple moving averages (SMAs) continue to endorse Read more…
Bitcoin rose 0.6% over the past week, ending it at around $46,400. Ethereum added 8%, while other leading altcoins from the top ten rose in price from 0.1% (XRP) to 30% (Solana). According to CoinMarketCap, Read more…