Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$83,590.70, down by 10.4 percent…
MP Materials (NYSE:MP) and the US Department of Defense have entered into a joint venture with Saudi Arabia’s Maaden to build a rare earths refinery in the Kingdom, marking the first major project under a new US-Saudi critical minerals cooperation framework signed in Washington this week. The binding agreement gives…
A First Nation-owned mining project in Northern Manitoba is drawing national attention after new assessments suggest it could become a major North American source of magnesium. Norway House took full ownership of the Minago nickel property in November 2024, and has since rebranded it as a critical minerals project after…
Statistics Canada released October’s consumer price index (CPI) data on Monday (November 17). The figures showed that inflation softened during the month, falling to 2.2 percent year-over-year from 2.4 percent in September. The agency cited a 9.4 percent decrease in gasoline prices as the main contributing factor, following a 4.1…
The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details of the report from the Bureau of Labor Statistics paint a more mixed picture, that of a labor market that…
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in the artificial intelligence boom that has powered markets higher for much of the year. Prior to the opening bell, bets…
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market…
Markets were mixed today as global data and policy shifts shaped sentiment. In the US, job growth surprised to the upside, but rising unemployment and AI-driven labor disruptions kept caution in play.Asia delivered some of the biggest moves: China and India edged closer to complying with US sanctions on Russian…
Exact Sciences (NASDAQ: EXAS) rallied nearly 20% on November 20 after Abbott Laboratories (NYSE: ABT) announced a $21 billion all-cash deal to acquire the molecular diagnostics company.The transaction that values EXAS shares at $105 each gives ABT a foothold in the rapidly growing cancer diagnostics market through Exact’s flagship products…
Asian semiconductor stocks faced sharp declines on Friday after Nvidia’s unexpected drop on Wall Street triggered a broad sector-wide pullback, despite the US chip designer posting stronger-than-expected earnings and offering an upbeat outlook. The retreat was led by steep losses in Japan’s SoftBank, which fell more than 10% in Tokyo…