The Dow Jones Index surged to a record high this week, continuing a trend that started in April when it crashed to a low of $36,620. It has now jumped by over 22%, meaning that it is in a bull market. Here are some of the top reasons why the…
The DAX Index remained in a tight range in the past few weeks s most of its constituent companies published stronger-than-expected financial results. It was trading at €24,360, a few points below the year-to-date high of €24,635. This article looks at the top-gainers this year.Key catalysts for the DAX Index…
Here’s a quick recap of the crypto landscape for Friday (August 15) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$116,999, a 0.8 percent decline…
Tech stocks led Wall Street to a second consecutive week of gains as a series of data releases reignited optimism about a September interest rate cut from the US Federal Reserve. A strong consumer price index report was the catalyst, renewing anticipation that the Fed will lower rates when it…
Circle stock price has crashed and erased about 50% of its value in the past few weeks as the momentum waned and valuation concerns remained. CRCL plunged to a low of $136.80, its lowest swing since June 13. Circle Internet is growing, but risks remainCircle Internet is one of the biggest…
MIAMI BEACH, Fla. — Playboy plans to relocate its global headquarters from Los Angeles to Miami Beach and open a Playboy club there. The Miami Beach headquarters at the top of a luxury office building will include studios to support Playboy’s “growing creator network” and the club will have a…
While cancer treatment is progressing at a fast rate the world over with new targeted drugs being launched, immunotherapy and radiation, therapy resistance continues to remain an obstacle in the road to recovery of a cancer patient.With drug resistance believed to cause a majority of cancer-related deaths, several US oncology…
UnitedHealth Group shares surged more than 11% in Friday trading, on track for their strongest single-day performance since 2009, after a regulatory filing revealed Warren Buffett’s Berkshire Hathaway had quietly built a $1.6 billion position in the health-insurance giant. The conglomerate disclosed ownership of 5 million shares at the end…
Citigroup Inc. is considering offering some custody and related services for stablecoins, a senior executive told Reuters, the latest indication that broad policy shifts in Washington are pushing large financial firms to expand into cryptocurrency.The US Bank is not alone in having an eye on the stablecoin market; it joins…
The first two shipments of Venezuelan oil exported by Chevron Corp (CVX.N) since getting a renewed US license last month have left for the United States, according to vessel monitoring data released on Friday.In late July, the US Treasury Department gave Chevron a new license to operate in the sanctioned…