U.Today – , the first and largest cryptocurrency by market capitalization, rose the most in nearly two months, reaching $63,000 following strong bullish momentum over the weekend. Bitcoin is set to mark its fourth consecutive day of gains after an extended rebound from last Friday’s lows of $56,538. Bitcoin reachedContinue Reading
Gam1983 It’s headlines like this that make one wonder: are we on the cusp of a recession? The number of U.S. corporate bankruptcy filings reached its highest level since early 2020 in June, S&P Global Market Intelligence reported. Some 75 new corporate bankruptcy filings were recorded last month alone, rivaledContinue Reading
straga/iStock via Getty Images U.S. natural gas futures tumbled to two-month lows following a bigger than expected weekly storage build as production rose, and the amount of gas flowing to liquefied natural gas export plants fell as the Freeport LNG plant in Texas shut early this week due to HurricaneContinue Reading
Bim/E+ via Getty Images Sibanye Stillwater (NYSE:SBSW) said Thursday a cyberattack on its IT system since Monday has disrupted some global operations, but its core mining and processing business was operating normally. The attack brought down its server and disrupted the system globally, a company spokesperson told Reuters, adding thatContinue Reading
jetcityimage/iStock Editorial via Getty Images BP (NYSE:BP) -4.1% in Tuesday’s trading, on pace for its largest percentage decrease since October 2023, after warning that weak oil trading and reduced refining margins will hurt Q2 earnings. The company also said it expects to write down $1B-$2B in after-tax asset impairments andContinue Reading
Pixelbizz/iStock Editorial via Getty Images Shares of ASML Holdings (NASDAQ:ASML) hit an all-time high of over $1000 and €1000 across both the exchanges where it trades, seemingly benefiting from optimism around its key customer, Taiwan Semiconductor (NYSE:TSM). The semiconductor equipment maker’s shares are up around 7% in trading so farContinue Reading
sezer66/iStock via Getty Images Silvercorp Metals (NYSE:SVM) -1.4% in early trading Monday after saying its proposed C$200M acquisition of Adventus Mining Corp. (OTCQX:ADVZF) has hit a snag in its expected closing last Friday. Adventus’ (OTCQX:ADVZF) El Domo project in Ecuador is central to the acquisition, but litigation challenging the environmentalContinue Reading
Asia-Pacific Images Studio Asia-Pacific equity markets mostly advance on Thursday as market participants assessed business activity data in Hong Kong and trade figures in Australia, which both missed expectations; and taking cues from a strong lead on Wall Street. Japan (NKY:IND) +0.89%. The Nikkei 225 Index rose 0.3% to aroundContinue Reading
SeventyFour/iStock via Getty Images KLA Corp. (NASDAQ:KLAC) and Applied Materials (NASDAQ:AMAT) are Wells Fargo’s favorite semiconductor equipment stocks, even as the broader sector hits all-time highs, resulting in another “tough” earnings set up. “We [continue] to prefer KLA & AMAT; high bookings expects leave us to wait for post EPSContinue Reading
U.Today – took a massive hit after reaching the $71,000 threshold, losing 14% of its value and plummeting below $60,000. However, there is a realistic possibility of a reversal in the foreseeable future as BTC has reached the lower threshold of the sideways market channel. First of all, BTC’s priceContinue Reading
