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.
Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August.
Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits.
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday.
Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier.
One notable adjustment pertained to the Net Asset Value (NAV) calculations, which ARK Invest acknowledged were not aligned with Generally Accepted Accounting Principles (GAAP), the accounting standard endorsed by the SEC.
ChargePoint stock comes under severe selling pressure as the company liquidates equity for another major fundraise.
Xapo is also expected to expand beyond its Bitcoin-only by allowing customers to trade Ether as well.
Birkenstock shares did not maintain its debut price as it plunged on its first trading day despite growing popularity.
The announcement of this landmark deal follows a recent report which hinted at the two companies’ progress toward an agreement. Since that report, Pioneer shares have surged by over 10%.
The French giant attributed this decline to post-COVID-19 normalization, high inventory levels among retailers, and a slowdown in Hennessy cognac sales in the United States.
To enhance profitability and mitigate the impact of cyclical downturns, Samsung is focusing on advanced memory chips, particularly high bandwidth memory chips that are crucial for AI servers and processors.
Birkenstock’s IPO marks a significant event in the financial industry, following in the footsteps of Arm Holdings, Klaviyo, and Instacart, despite a challenging IPO market in recent years.
Following the Nod.ai acquisition, AMD shares gained nearly 2 percent to add to the impressive YTD performance of more than 68 percent.
Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded.
Following the earnings report, the shares of PepsiCo saw a price increase. Yesterday, PepsiCo stock closed the trading session at $161.36 per share. In the pre-market trade today, PepsiCo shares are 0.84% up, or at $162.71 per share.