Nexo crypto platform announced today that acquired an undisclosed stake in Hulett Bancorp, a banking holding company that owns the federally chartered Summit National Bank, which is regulated by the OCC
FTX US Crypto exchange has secured in an action that lasted two weeks, the winning bid for the assets of crypto lender firm Voyager Digital Ltd
Ethereum (ETH) breaks above the 1300 resistance following a broad rally in the cryptocurrencies sphere. Risk on mood today in global markets
Las Vegas Sands Corporation (LVS) is trading 12.35% higher at $39.85 after Macao announced its plan to allow tour groups from mainland China starting in November after three years of restriction.
Peloton (PTON) Chief Marketing Officer Dara Treseder is leaving the company on October 4th for a new position at Autodesk (ADSK)
The global economy has been hit by Russia’s invasion of Ukraine. Global economic growth stalled in the second quarter of 2022, and indicators in many economies now point to an extended period of subdued growth.
GBPUSD plunges to fresh all-time lows at 1.0359 during the Asian trading marking the biggest one day fall and extending the previous week slide. As of writing GBPUSD trades at 1.0548 the lowest level since February 1985.
Bitcoin had a quiet weekend after a stormy week that drove the number one cryptocurrency below the $19000 mark. Bitcoin is approaching the end of third quarter with losses that exceed 10%, while YTD losses are up to 59%.
Brent oil is down 5.08% at $85.76 hitting the lowest level since January 25, 2022 as recession fears spread across all asset classes. West Texas Intermediate crude oil
FedEx stock is down 3.68% at 148.86 after the company announced yesterday the plans for 4 billion cost-cutting and an increase of 6.9% in shipping rates.
