This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The plans by the FOMC to increase interest rates are also projected to be commensurate with the tapering of bond purchases by at least $100 billion monthly.
Government bond yields remained high with the two-year treasury adding 1.04% and the 10-year note hitting a high of 1.87%.
Netflix blamed increased competition from other streaming companies for the slowdown.
The figures Netflix posted seemed to affect US stocks as index futures performance was unbalanced between the DIJA, Nasdaq Composite, and the S&P 500.
Peloton stock has dropped 84.68%, 32.27%, and 74.46% in the past year, YTD, and three months respectively.
Through the Amazon app, users will have personalized information and save them time to select from a huge stack.
The growth of China’s Hang Seng Index was not replicated in the United States as all major indices gave up their gains to close Wednesday’s session in a bearish manner,
Sony is also likely to ink new acquisitions in the near future to solidify its position.
Morgan Stanley recorded net revenues of $14.5 billion and $59.8 billion during the fourth quarter and full-year respectively.
The launch of a Revolut stock trading service for US users directly competes with Robinhood and Cash App for some market share.
Microsoft made a big move in the gaming industry which could possibly help it lead its way into the Metaverse.
The UK’s current inflation rate surpassed the 5.2% expectation of economists, ahead of the BoE’s next meeting in February.
The United States is not yet out of the pandemic blues as the stock market dip is being fueled by a slowing economy across the board due to the Omicron fears amongst others.
After a strategic business analysis earlier this year, ByteDance has decided to dissolve all its investment arm operations.
Goldman Sachs reported net revenues of $59.34 billion and $12.64 billion in the 2021 and fourth quarters respectively.