Bitcoin: Potential Correction Looms Despite ETFs, Halving

Technical Analysis for Bitcoin in US-Dollar Bitcoin Weekly Chart – Only a weekly closing price below USD 57,000 would decisively alter the picture. Bitcoin In USD, Weekly Chart As Of March 23rd, 2024 Source: Tradingview Since the low at USD 15,479 on November 21st, 2022, Bitcoin prices have soared by a sensational +376.7% to a […]

All the market-moving Wall Street chatter from Monday

(This is CNBC Pro’s live coverage of Monday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A major media stock and an aerospace giant were in focus during Monday’s analyst chatter. Disney was upgraded to overweight by Barclays, noting shares have room to run from here. Goldman […]

S&P 500 Earnings: 1 Week Left in Quarter, Q1 ’24 Earnings Appear in Good Shape

S&P 500 Data: The forward-quarter S&P 500 EPS estimate this week (data is of Wednesday, 3/20 last week, as LSEG did not publish on Friday, 3/22) was $242.89 down from last week’s $243.31 and January 1’s $243.98; There wasn’t that much erosion on the forward estimate over the last 90 days, which is typically a […]

Binance to end support for USDC stablecoin on Tron blockchain network By Reuters

© Reuters. Binance logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollar-pegged stablecoin USDC using the Tron blockchain network. Stablecoins are digital tokens that are designed to keep a constant value and […]

Hungary delays central bank law change until autumn, minister says By Reuters

© Reuters. FILE PHOTO: Hungarian Central Bank Governor Gyorgy Matolcsy speaks during a business conference in Budapest, Hungary, March 10, 2020. REUTERS/Bernadett Szabo/File Photo By Gergely Szakacs BUDAPEST (Reuters) – Hungary is likely to submit a law amending central bank regulations to parliament in the autumn, its economy minister said on Monday, delaying changes that […]

Singapore Feb core inflation accelerates to 7-month high amid Lunar New Year By Reuters

© Reuters. View of the skyline in Singapore January 27, 2023. REUTERS/Caroline Chia/File Photo SINGAPORE (Reuters) -Singapore’s February core inflation accelerated to its fastest pace in seven months, official data showed on Monday, as seasonal effects from the Lunar New Year drove services and food prices higher. The core inflation rate, which excludes private road […]

Novo Nordisk to buy Cardior Pharmaceuticals for up to $1.1 billion By Reuters

© Reuters. FILE PHOTO: A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. REUTERS/Tom Little COPENHAGEN (Reuters) – Denmark’s Novo Nordisk (NYSE:) on Monday said it has agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.11 billion) to […]

Nissan targets 1 million extra vehicle sales in next 3 years, aims to cut EV costs

Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday. In a new medium-term business plan, Nissan also said it would launch 30 new models by fiscal year 2026, with 16 of these electrified. It’s […]

Oil rises as heightened geopolitical risks exacerbate supply concerns By Reuters

© Reuters. A state controlled oil refinery Lotos is pictured in Gdansk, Poland June 6, 2022. Picture taken June 6, 2022. REUTERS/Kacper Pempel By Yuka Obayashi TOKYO (Reuters) – Oil prices rose in Asian trading on Monday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia […]