In this article FB Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Facebook is set to report fourth-quarter earnings after the bell on Wednesday. Here are
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In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and, initially, CryptoPunks v1 nonfungible tokens (NFT) collections, announced he would be “taking appropriate steps” in the following days regarding the alleged copyright infringement of “both the art and the CryptoPunks name” of
NASDAQ:LCID gained 1.94% during Tuesday’s trading session. Tesla sees yet another recall on its vehicles, this time for its self-driving technology. TopGear.com gives another positive review for the Lucid Air sedan. NASDAQ:LCID climbed higher for the second straight day to start the week but the EV maker failed to recapture the $30 price level. On
The weekly crude oil inventory data is to be released at the bottom of the hour: Crude +1525K expected in tomorrow’s official report Gasoline +1645K expected in tomorrow’s report Distillates -1492K expected in tomorrow’s report the private data released late yesterday showed: Crude oil inventories from the private report The price of crude oil is
Dollar tumbles broadly today as markets are staying in risk-on mode. Additional selling pressure is seen on the greenback after shocking poor ADP job data. On the other hand, Euro is lifted by another record reading in consumer inflation data. Sterling is following Euro as markets await tomorrow’s BoE rate hike. Aussie is slowing down
EURUSD up for the fourth consecutive day The EURUSD is working on it fourth consecutive day to the upside. The pair reached the lowest level since early June 2020 on Friday of last week. Since then, the price has moved over 200 pips in the last four days of trading. In the process, the price
New Delhi: Gold prices declined by Rs 125 to Rs 47,837 per 10 gram in the local market here on Wednesday in line with lower global prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 47,962 per 10 gram. Silver also declined by Rs 339 to Rs 61,477 per
Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday. Private payrolls fell by 301,000 for the month, well below the Dow Jones estimate for growth of 200,000 and a marked plunge from
In this article AMD Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images AMD reported fourth-quarter earnings after
EUR/CHF has bounced towards the daily Ichimoku cloud at 1.0440. A break above here is needed to see further gains towards the low of 2020 near 1.0510, economists at Société Générale report. Initial support seen at 1.0325 “The 1.0440 resistance must be crossed for an extended rebound towards the low of 2020 near 1.0510.” “December
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Shares of PayPal are down 18% after reporting earnings after the US close today. If that holds, it will open at the lowest since May 2020 tomorrow, near $144. It’s been an absolute swan dive for the shares from $310 in July as the entire payments industry faces a washout. What’s notable to me is
Australian Dollar dips broadly after RBA sounds surprisingly cautious regarding raising interest rates. But loss is so far very limited, as supported by improving market sentiment following strong rebound in US stocks overnight. Dollar is the second weakest, continuing to pare recent gains while Yen is also heading lower. Euro is currently a stronger one
The major US indices are closing higher and near the highs for the day for the 3rd day in a row. After the close alphabet Q4 results saw a beat on the revenues and earnings per share. They also announced a 20:1 stock split. The price of Alphabet is trading up $137 or 4.98% it
TOKYO: Oil prices rose on Wednesday towards last week’s seven-year highs after data showing a fall in U.S. crude stocks underlined solid demand, but investors remained cautious ahead of an OPEC+ meeting due later in the day. Brent crude climbed 36 cents, or 0.4%, to $89.52 a barrel by 0123 GMT, after easing 10 cents
Free food is handed out by the Brooklyn community organization PASWO during a weekly food distribution on December 08, 2021 in New York City. Spencer Platt | Getty Images Spurred by a massive inventory rebuild and a consumers flush with cash, the U.S. economy last year grew at its fastest pace since 1984. Don’t expect
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here