ithinksky/E+ via Getty Images U.S. soybean futures fell to the lowest in nearly three-and-a-half years following a sharp drop in soyoil prices and in reaction to favorable weather in U.S. growing areas. Palm oil prices tumbled on the Bursa Malaysia, which in turn pressured U.S. soyoil and by extension soybeans.Continue Reading
U.Today – As the cryptocurrency market experiences volatility, Michael Saylor, Chairman of MicroStrategy, has made a stoic remark in response to ‘s recent price slump. In a tweet that has caught the attention of the crypto community, Saylor stated: “1 BTC to 1 BTC,” reiterating a fundamental belief in Bitcoin’sContinue Reading
Bitcoin and cryptocurrency -related stocks were lower Friday morning as the price of Bitcoin slumped over 10% since July 3rd, hitting a low $53,600 before rebounding slightly. Microstrategy, Inc. (NASDAQ:) Coinbase (NASDAQ:) Marathon Digital Holdings (NASDAQ:) Riot Platforms (NASDAQ:) Cipher Mining (NASDAQ:) Iris Energy (IREN) Hut 8 Mining Corp (HUT)Continue Reading
MarsBars/E+ via Getty Images U.S. employers announced 48,786 job cuts in June, which was down 23.6% from May, according to the monthly survey from Challenger, Gray & Christmas. But June layoffs were up 19.8% from the year-ago period. Job cuts saw the highest June level since 74,393 announced in 2009Continue Reading
Airubon/iStock via Getty Images Clean energy stocks posted broad losses in Friday’s trading following last night’s presidential debate, a potential sign that investors are starting to price in a victory for Donald Trump after President Biden’s widely criticized showing. First Solar (NASDAQ:FSLR), considered one of the biggest winners of theContinue Reading
Nike (NYSE:NKE) shares are reversing a knee-jerk reaction higher and losing ground after remarks from the company’s CFO acknowledging macro challenges hinted to a guidance cut, and FQ4 revenue was worse than Wall Street expected. Shares are down 5%, dragging down Foot Locker (FL) by 3% in sympathy. The sportswearContinue Reading
loveguli This week’s winners among financial stocks were led by two insurers, one credit-card issuer, one Indian bank and one Brazilian digital bank. On the flip side, two crypto-linked companies, one fintech-focused lender and two Argentine lenders fell the most. In all, financial stocks (with market cap over $2B) finishedContinue Reading
