Rivian will trade under the ticker symbol RIVN. Rivian is set to IPO tomorrow, Wednesday, November 10. RIVN is sure to see strong interest from retail and institutional traders. Update: The price of the Rivian IPO issue is to be announced today but no timeline as of yet. Trading will begin tomorrow on the Nasdaq exchange
Instant messaging platform Discord may soon launch support for MetaMask and WalletConnect integrations as evidenced by a pre-release screenshot shared by the platform’s CEO, Jason Citron. However, a portion of the Discord community raised concerns about the update while threatening to cancel its Nitro subscriptions. Citron’s announcement of the upcoming Ethereum blockchain integration came as a
Yen’s rally resumes today while overall market sentiments are mixed. Asian stocks are treading water but US benchmark yield takes another dive. Swiss Franc is following as the second strongest for now. On the other hand, commodity currencies are trading broadly lower, as led by Aussie. Euro and Sterling are mixed. Main focuses will now
USD/JPY down 0.4% to 112.70 levels on the day Invest in yourself. See our forex education hub. There was a shove lower late yesterday and sellers are working with that as bond yields also retreat rather strongly to get the new day going. 2-year Treasury yields are down 3.4 bps to 0.415% while 10-year yields
US futures lower after a record-setting start to the week That said, we’ve seen this story before, have we not? US futures were also down early yesterday only to pick up going into the North American session so it is a bit premature to make a call on the overall risk mood in trading today.
NEW DELHI: Gold prices were unchanged in Tuesday’s session as a weaker US dollar offset firm bond yields. Gold futures on MCX were trading lower by 0.04 per cent or Rs 18 at Rs 48,000 per 10 grams. Silver futures were down 0.18 per cent or Rs 114 at Rs 64,767 per kg. Ravi Singh,
In this article PYPL The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal reported revenue growth for the third quarter of 13% on Monday and said it’s teaming up with Amazon to let U.S. customers pay with Venmo at checkout, starting in 2022. The shares
Update: Gold price is consolidating near two-month highs of $1827, finding demand from broad-based US dollar weakness and renewed downside in the Treasury yields across the curve. The market mood remains cautious amid Chinese property sector concerns and growing inflation risks, boding well for the traditional safe-haven gold. Markets now await the US Producer Price
Randal Quarles has resigned his position from the Board of Governors of the Federal Reserve System, effective by the end of December. In a Nov. 8 resignation letter addressed to U.S. President Joe Biden, Quarles said he planned to leave the Fed “during or around the last week of December of this year” after serving
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Dollar, Yen and Swiss Franc turned slightly weaker in quiet markets today. Euro is supported by better than expected investor sentiment data, while Sterling also recovers. New Zealand Dollar is also trading higher but Australian and Canadian Dollar are lagging behind. Gold is back above 1800 handle but has yet to break through 1833 key
WI level at the time of the auction was 0.740% High yield 0.750 WI level 0.740% Tail 1.0 basic point Bid to cover 2.33X vs six month average of 2.44X Dealers 24.3% vs six month average of 29.3% Directs 18.04% vs six month average of 18.5% Indirects 57.6% vs six month average of 52.2% The auction of three year notes was met with
Announce Meta and Microsoft to use AMD chip The shares of AMD are moving a sharply higher on new that Meta (i.e. Facebook) will be using their chips at their data centers. The company has announced new supercomputer chips aimed at taking on an video. They followed up that announcement with saying that Microsoft is to use the
New Delhi: Leading stock exchange NSE on Monday said it has completed the delivery of 24.5 kg gold (100 gram) bars in its gold mini options contract. The delivery was executed between East India Securities Ltd and Senco Gold Ltd, the exchange said in a statement. As another step towards market development, NSE also aligned
In this article CSG.N-CH A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption in
Gold has capitalized on falling US T-bond yields and looks to extend its rally north of the multi-month downtrend, strategists at TD Securities report. Gold is itching for a breakout “Gold prices are set to challenge the multi-month downtrend from all-time highs. Counter-intuitively, this comes after a strong Nonfarm Payrolls report.” “The central bank has