The Ethereum Layer-2 scaling solution Polygon (MATIC) has seen a massive surge in user activity throughout the previous month. Based on the Blockchain Games Report, published by the decentralized application (dApp) analytics platform DappRadar, the overall number of unique active wallets (UAWs) engaged with games built on top of Polygon has reached a height of… Continue reading Polygon becomes second-largest GameFi blockchain: will it affect Metacade?
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KBW, KRE ETFs analysis ahead of US bank earnings
The situation in the banking sector has cooled down recently as the situation improves and collateralized debt obligations (CDOs) have normalized. Bank stocks, however, remain under pressure in the past few weeks. The closely-watched KBW ETF was trading at $41.26, the lowest level since November 2 while the KRE ETF was $42.31. Bank earnings ahead… Continue reading KBW, KRE ETFs analysis ahead of US bank earnings
Nasdaq 100 index outlook ahead of US inflation data, bank earnings
The Nasdaq 100 index futures are loitering near their highest levels this year ahead of an important week for the market. The index jumped to a high of $13,000, where it has been in the past few days. This price is ~22% above the lowest level this year, meaning that it has moved to a… Continue reading Nasdaq 100 index outlook ahead of US inflation data, bank earnings
Nikkei 225 technical analysis points to a drop to ¥27,000
The Nikkei 225 index drifted downwards on Monday as investors reacted to the latest Japan local elections and the important change at the Bank of Japan (BoJ). The index, which tracks the biggest Japanese companies, was trading at ¥27,635, which was a few points above last week’s low of ¥27,440. Japan local elections, changes at… Continue reading Nikkei 225 technical analysis points to a drop to ¥27,000
Bed Bath & Beyond stock ended another 10% down: find out why
Shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) ended another 10% down on Thursday after the beleaguered retailer announced plans of a reverse stock split. Shareholders are yet to approve the reverse stock split The chain of retail stores wants its shareholders to vote in favour of the reverse stock split at the meeting… Continue reading Bed Bath & Beyond stock ended another 10% down: find out why
Shell PLC expects up to $1.2 billion of corporate loss in Q1
Shell PLC (LON: SHEL) ended in the green on Friday after the multinational said it expects higher gas output in the first quarter of 2023. Here’s what Shell PLC expects for its Q1 On the downside, though, the oil giant now expects up to $1.2 billion of corporate loss (adjusted) related to one-off tax charges,… Continue reading Shell PLC expects up to $1.2 billion of corporate loss in Q1
Pinterest stock outlook: Raymond James sees upside to $33
Pinterest Inc (NYSE: PINS) has already gained about 25% this year but a Raymond James analyst is convinced it’s not done pleasing its shareholders just yet. Pinterest stock could climb another 20% Aaron Kessler assumed coverage of the social media company on Friday with an outperform rating. His $33 price target suggests another 20% upside… Continue reading Pinterest stock outlook: Raymond James sees upside to $33
Metacade offers fresh investment opportunity as MCADE lists on major exchanges
Metacade just had its first major post-presale success with the listing on leading decentralised exchange platform Uniswap. And with further listings scheduled for Bitmart and MEXC Global, interest in one of GameFi’s most exciting projects is hitting new levels. The outlook for MCADE price going forward suggests the project presents an enticing investment opportunity, particularly… Continue reading Metacade offers fresh investment opportunity as MCADE lists on major exchanges
Kinder Morgan vs Enbridge: Which is a better stock to buy?
Crude oil and natural gas prices have become increasingly volatile as investors weigh the demand and supply outlook. As a result, this volatility has hit oil and gas companies, with the Vanguard Energy ETF (VDE) falling by 2% in the past three months. In such a situation, investors can consider investing in MLPs, which tend… Continue reading Kinder Morgan vs Enbridge: Which is a better stock to buy?