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The mixed data on economic recovery is putting investors at the edge. US Stock Indices traded mostly flat after two consecutive days of correction.
Amazon hopes that expanding its presence with physical department stores, it can pull in more shoppers and take a larger market share.
The new index will keep a check on nine DeFi tokens for starters, and work as the basis for Galaxy’s passively managed fund.
The price of Bitcoin, the world’s largest digital currency by market capitalization is trading at a loss at the moment as driven by conflicting fundamentals in the cryptocurrency ecosystem.
American multinational technology company with a specialty in designing computer systems, NVIDIA has released its financial results for the second quarter, recording a 68% surge in revenue from the year-ago period.
The Fed minutes of meeting for July suggest that the central bank will cut down on its pace of bond purchases before the year-end. this could possibly mean a liquidity shock for the market.
Robinhood admitted that Dogecoin remains the most traded cryptocurrency on the platform. The crypto trading app is also willing to add a crypto wallet feature in the future.
The US Stock indices headed to the south on Tuesday on declining retail sales data for the month of July 2021.
Such an interest resulted from the COVID-19 pandemic. Before, there was attention from institutional investors, but nobody considered serious investments in cryptos. However, as high-profile investors began to talk about Bitcoin as a hedge against inflation, the fire started.
Despite the security risks exposed by the biggest DeFi hack ever, the price of SOL and LUNA, two tokens owned by Solana and Terra respectively, hit all-time highs on Monday.
The indexes hit a record high as nearly 87% of S&P 500 companies have reported positive EPS during the second quarter of 2021. This is the fastest 100% growth in S&P 500 since World War 2.
The entire crypto market has witnessed one of its most pleasant weeks in recent memories as many of the leading crypto assets finished the week strongly.
The price shift of the flagship crypto-asset today has indicated that nothing can stop Bitcoin’s current bull movement permanently, considering the significant record it saw in the early hours of the day.
The declining trend in the jobless claims and under-control inflation data has spurted optimism in the market.
According to Adidas, the new transaction will not change its financial outlook for this year. It will also not impact its previously announced long-term targets. The main part of the 2.1 billion euros will be paid in cash.