Category: News
Comments by Jerome Powell Cause US Market to Lose 1,000 Points as Stocks Slide
On Friday, the US Stock market witnessed a great fall in value. This happened because the comments made by Jerome Powell, the Federal Reserve Chair…
Brazil Authorities Interrogate a Local Govt Chief for Involvement in Money Laundering
The law enforcement authorities in Brazil have recently raided the house of a local government chief. The sources reveal that the authorities have reasons to…
Gap Posts Unexpected Profits to Witness a Surge in Share Prices but Outlook Clashes
On Friday’s trading session, the trading prices for Gap Inc. moved in a positive direction. The share prices for Gap witnessed a firm move and…
Amid Increasing Inflation Rates, Sony Announces a Hike in PlayStation 5 Consoles
On Thursday, Sony made an announcement in regards to increasing the price of consoles for Sony PlayStation 5. Sony has announced that it has to…
Customer Demand Slows Down, Nordstrom Announces Cut in Full Year Guidance
Nordstrom has recently shared its earnings for the recently completed quarter and posted its full-year guidance. Although the company’s earnings were better than the analysts’…
Coinbase CEO Talks Of Cutting Costs And Engaging With Regulators
Brian Armstrong, the chief executive of Coinbase, said that the crypto exchange is facing economic headwinds and industry challenges. Therefore, the CEO disclosed that the…
Over 3% Climb Recorded in the 10-Year Treasury Yield
The latest data surrounding the Treasury yields has just come out for 10 years, which shows a hiked rate. The report shows a 3% rise…
Australia To Adopt New Strategy For Crypto Regulation
With crypto regulation becoming a hot topic worldwide, Australian authorities have unveiled their plans about regulating the market. The Australian Labor Party (ALP), which is…
Ripple Loses Over 13% in Value and Investors Hope It Can Make a Comeback
A deep correction has been recorded by the entire cryptocurrency industry in the past couple of days. The downtrend recorded in the crypto-verse has caused…
Cisco Shares Rise the Most in Two Years after Earnings Beat
On Thursday, shares of Cisco ended the day 6% up, which marked their best day in nearly two years. This was after the computer-networking firm…
