Market News

The price of palladium experienced a significant drop on Tuesday, falling 5.53% to $925.78 per ounce. This decline came after the metal reached almost a month-high on Monday, only to surrender those gains as demand appeared to stall and the dollar strengthened. Broad impact on precious metals market The downturn in palladium prices was part… Continue reading What’s going on with Palladium prices?

United States consumers are less confident on the current state of the economy, according to the latest Consumer Confidence Index reading, released by The Conference Board (CB) today. According to the CB, the Consumer Confidence Index fell to 100.4 in June, declining from 101.3 in May (revised downwards from an initial reading of 102.00). Source: The… Continue reading CB Consumer Index shows US confidence is waning, signals a US recession again

Bitcoin has dropped back to the $60,000 level this week but Anthony Pompliano remains bullish as ever on the world’s largest cryptocurrency by market cap.  Anthony Pompliano is the founder of Pomp Investments.  Pompliano is bullish on both BTC and AI Pompliano continues to see Bitcoin as well as artificial intelligence as a “10-year trend”… Continue reading Pompliano touts Bitcoin and AI: here’s what it means for Bitbot

The latest Morgan Stanley’s crypto-related news triggered optimism in the digital assets space as Bitcoin struggles to escape the $60K vicinity to the upside. X updates reveal that the US-based banking giant will likely approve Bitcoin exchange-traded funds across their wealth management platform. JUST IN: 🇺🇸 Morgan Stanley expected to approve #Bitcoin ETFs on their… Continue reading Just in: Morgan Stanley to greenlight Bitcoin ETFs for all clients across their platform

Global semiconductor stocks experienced volatile trading on Tuesday following a significant decline in Nvidia shares in the previous session. The fluctuations reflect investor reactions to Nvidia’s sharp drop in market capitalisation, impacting chip firms across Europe and Asia. Nvidia’s market value tumbles, then rebounds Shares of Nvidia fell sharply over three consecutive sessions, losing 13%… Continue reading Semiconductor stocks volatile after Nvidia’s $500 billion wipeout

Cloudflare Inc. (NYSE:NET) has been a standout in the tech sector, known for its robust cloud networking and cybersecurity services. As of today, the stock is trading flat year-to-date at around $80 but significantly down from its February peak of $116. This down move has created concerns among investors about its future trajectory. Recent developments… Continue reading Cloudflare stock price forecast: Can it hit $100 again?

Regis Corp (NASDAQ: RGS) has entered into a “new senior secured credit facility” with the global asset manager TCW Asset Management Company LLC and Midcap Financial Trust.  Its shares are up well over 100% on Tuesday.  Why does it matter for Regis stock? A $105 million term loan, the company’s press release added, will replace… Continue reading What made Regis stock more than double on Tuesday?

JustMarkets is an internationally trusted CFD broker that received two significant awards: Best IB/affiliate programme and Best CFD broker during iFX EXPO 2024 in Cyprus. iFX Expo International is one of the biggest events in the online finance world. Global brands, C-level professionals, startups, and fintech innovators gather to exchange experiences. More than 10,000 attendees… Continue reading JustMarkets awarded best CFD broker, best IB/affiliate programme within UF Awards 2024

Zurich, Switzerland, June 25th, 2024, Chainwire ENSO, the world’s first intent engine powering chain abstraction, and intent-centric future, announced today the successful closure of a $4.2+ million funding round. The funds will be used for continued product development, with their L1 cosmos-based blockchain to be launched this year. The round had participation from Ideo Ventures,… Continue reading ENSO secures $4.2M in funding