Bitcoin reclaimed $44,000 on Monday, almost the level it was trading before China’s central bank announced crackdowns on cryptocurrencies on Friday. Fig: Bitcoin and Ethereum Prices Ethereum also recovered to…
(OPEC) The new long positions on combined futures and options in Brent crude stood at 273,894 lots in the week ending August 31, after a fall of 12.1% or 37,765…
(Census Bureau) US durable goods orders rose by 1.8% or $4.6 billion in August to hit $263.5 billion. The increase happens for fifteen of the last sixteen months after another…
(Reuters) Rolls-Royce shares went up more than 10% to 146 pence on news it had agreed to sell its Spanish unit ITP Aero for 1.7 billion euros or $2.0 billion.…
(Medtronic) Medtronic Plc. and Apollo Hospitals Group performed the first clinical procedure in Asia-Pacific using the Hugo™ robotic-assisted surgery (RAS) system. The robotic prostatectomy was done at Apollo Hospitals in…
(MarketWatch) Goldman Sachs strategists expect oil to hit $90, a higher projection from the previous $80 on supply issues caused by Hurricane Ida. Predictions by Goldman come as oil demand…
(Bloomberg Quint) The new Netflix thriller series ‘Squid Game’ has sparked interest among investors who have since gone bullish on Korean media stocks. Fig: Showbox and Bucke Studio Stocks Stocks…
(CoinTelegraph) The Chinese government is intensifying a crackdown on the crypto industry as state authorities are galvanizing forces to combat crypto operations in the country. The People’s Bank of China…
(Bloomberg) Dell Technologies Inc put out its vision for the coming years, forecasting annual revenue growth of 3% to 4% through 2026, and unveiling a $5 billion share repurchase program.…
(Nike Inc) Nike Inc reported mixed financial results on Thursday, surpassing earnings-per-share estimates but slightly missing the analysts’ revenue expectations. The Oregon-based athletic apparel manufacturer posted $1.16 EPS on $12.2…
(The Conference Board) The US Conference Board Leading Economic Index reached 117.1 in August, up 0.9% and after another increase of 0.8% in July. The index had risen by 0.6%…
(IHS Markit) US Composite Output Index was 54.5 in September, a decline from 55.4 in August. The output index was at a 12-month low as activity was hampered by slowdowns…