In this article TWTR CEO of Twitter Jack Dorsey testifies before the Senate Intelligence Committee on Capitol Hill in Washington, DC, on September 5, 2018. (Photo by Jim WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images) Jim Watson | AFP | Getty Images Twitter’s stock was down more than 10% in after-hours trading
USD/CHF advances from earlier lows around 0.9100. Risk-averse investors shy away from the safe-haven Swiss franc. Swiss Consumer Confidence data eyed for fresh traction. The Swiss franc depreciates further against its counterpart USD and lifts the USD/CHF pair to fresh multi-day highs near 0.9120 in the Asain session. The prices quickly recovered from the lows
A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants them to return the tokens following a significant rally in the asset’s price. According to a letter sent to Quentin Fottrell of MarketWatch’s “The Moneyist,” the unnamed employee — known only as “Crypto Confused”
Markets seem to be back in mild risk on mode in Europe, shrugging off the selloff in Asia. US futures also point to higher open, as the record run could resume this week. The currency markets are relatively mixed. Yen is stabilizing into US session after earlier selloff. Dollar is also weakening mildly for the
U.S. Treasury debt issuance estimates U.S. Treasury expects to issue $463 billion of net marketable debt in April to June 2021. That is much higher than the February estimate of $95 billion increasing in the borrowing estimate is due to additional spending due to covert 19 in January – March 2020, it issued $401 billion in
Gold prices jumped more than 1% on Monday, with the rally spilling over into other precious metals as well, driven by a retreat in the and US Treasury yields. Spot gold was up 1.4% at $1,792.41 per ounce by 12:13 p.m. EDT (1613 GMT), after hitting its highest since April 22 at $1,797.75. US gold
In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett is seeing inflation among Berkshire Hathaway‘s collection of businesses as the economic recovery from the pandemic kicks into high gear. “We are seeing very substantial inflation,” the Berkshire chairman and CEO
In this article AMZN Amazon logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Amazon‘s ads business grew at an astonishing pace in the first quarter. Amazon’s “other” unit, which is primarily made up of advertising but also includes sales related to other service offerings , grew revenue
Commodity supercycle gathers momentum – What’s next for prices [Video] Commodity prices are booming across the board with everything from metals, energy to agriculture markets, trading near multi-year highs. Last week, Palladium, Iron Ore, and Lumber prices took center-stage skyrocketing to all-time record highs. Meanwhile, Copper and Aluminium prices hit 10-year highs. Both metals have
The forex markets are relatively quiet in Asia, with Japan and China on holiday. Main theme is extended selloff in the Japanese Yen despite steep decline in Hong Kong and Singapore stocks. Aussie and Kiwi are the mildly firmer ones while Swiss Franc is softer. Also, a major talking point is the strong rises in
Latest data released by Markit – 5 May 2021 While missing on estimates, the reading here is still a positive one as it beats out the March performance. The Spanish manufacturing sector is still showing optimistic signs with new orders and production being up sharply. Input prices continue to climb as well, so that puts
NEW DELHI: Gold and silver futures prices ticked up on Monday, supported by a muted dollar ahead of the release of a series of US data and the deepening of the coronavirus pandemic in India. The dollar index was down 0.1 per cent against its rivals, making gold less expensive for other currency holders. Meanwhile,
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels. Shares of the company
Silver takes offers to refresh intraday low, prints four-day downtrend. Sustained break of monthly support line, downbeat RSI favor sellers. Three-week-old horizontal support, 200-SMA test the bears, falling trend line from April 21 adds to the upside filters. Silver extends the last week’s downside break of the monthly support line, now resistance, while taking offers
Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This impressive figure pushed the value of the Ethereum network ahead of the total market cap of major companies like Procter & Gamble’s ($326 billion) and PayPal’s $308 billion. The market cap figure is achieved by multiplying
Bank of England, Governor Andrew Bailey, 0.10%, Meets May 06 Prior to the latest BoE meeting on March 18 there was a tail risk of a rate hike coming into the markets. The GBP has been strongly supported over the last few weeks and the last meeting continues to provide reason for optimism regarding GBP
NEW DELHI: Copper futures on Friday slipped 0.28 per cent to Rs 754.80 per kg as participants cut their positions amid muted demand in the domestic market. On the Multi Commodity Exchange, copper contracts for May delivery eased by Rs 2.15, or 0.28 per cent, to Rs 754.80 per kg in a business turnover of
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