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South African rand extends losses, focus on unity government’s reforms By Reuters
JOHANNESBURG (Reuters) – South Africa’s rand extended losses on Tuesday after a turbulent start to the week as markets waited to see how the new national unity government would handle economic reform after forming a cabinet. By 11:31 GMT, the rand was trading at 18.475 against the dollar, down 0.6%…
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Nycrypto Labs raises $800,000 to launch Tidus, a crypto everything app
This app will be the first multi-chain, multi-layer, non-custodial wallet that offers in-app lending, borrowing, swapping, and storage while mitigating bridge risk. Nycrypto Labs, a blockchain development hub that aims to simplify the transition from Web2 to Web3, has just announced that it has successfully secured $800,000 in pre-seed funding.…
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Rupert Murdoch’s Fox Corporation launches Tubi to challenge Netflix in UK
Rupert Murdoch’s Fox has launched an ad-supported streaming service, Tubi, in the UK market. The new service aims to compete with popular platforms such as Netflix, Disney+, ITVX, Channel 4’s streaming service and BBC iPlayer. Tubi launches with an impressive library of over 20,000 movies and TV episodes, featuring content…
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JOLTS job openings for May: 8.140M vs 7.910M expected
The previous month was revised to 7.919 million from the previously reported 8.059 million. The number of JOLTs job openings rose to 8.140 million, above the estimate of 7.910 million. Vacancy rate 4.9% vs. 4.8% last month. Resignation rate 2.2% vs 2.2% last month Details of available job opportunities: Job…
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JOLTS job openings for May: 8.140M vs 7.910M expected
The previous month was revised to 7.919 million from the previously reported 8.059 million. The number of JOLTs job openings rose to 8.140 million, above the estimate of 7.910 million. Vacancy rate 4.9% vs. 4.8% last month. Resignation rate 2.2% vs 2.2% last month Details of available job opportunities: Job…
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Ripple Price Analysis: XRP May Be in Danger of Crashing to $0.4
Ripple price has been stable over the past few months and has yet to show any willingness to fall or rise. Ripple Price Analysis by Anger trading USDT pair chart For the USDT pair, Ripple has been range bound since it dropped below the 200-day moving average, which is currently…
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Ripple Price Analysis: XRP May Be in Danger of Crashing to $0.4
Ripple price has been stable over the past few months and has yet to show any willingness to fall or rise. Ripple Price Analysis by Anger trading USDT pair chart For the USDT pair, Ripple has been range bound since it dropped below the 200-day moving average, which is currently…
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Biogen Completes Acquisition of Human Immunology Biosciences
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jul 02, 2024 • 7 minute…
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Pure Storage stock down as UBS downgrades to Sell due to unjustified valuation By Investing.com
Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions provider due to slowing growth, declining market share, high valuation,…
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Ethereum Co-founder Rolls Out Game-Changing Feature To Accelerate ETH Transactions
A massive surge is expected in the Ethereum network as the project’s co-founder and crypto enthusiast Vitalik Buterin has announced It has been revealed. A new feature of the Ethereum blockchain that promises to dramatically speed up transaction confirmation times. The new Single Slot Finality (SSF) feature has the potential…
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Ethereum Co-founder Rolls Out Game-Changing Feature To Accelerate ETH Transactions
A massive surge is expected in the Ethereum network as the project’s co-founder and crypto enthusiast Vitalik Buterin has announced It has been revealed. A new feature of the Ethereum blockchain that promises to dramatically speed up transaction confirmation times. The new Single Slot Finality (SSF) feature has the potential…
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Shekel at weakest against dollar since April
The shekel is falling against the US dollar today and is stable against the euro, at its lowest level against the dollar since April. In afternoon interbank trading, the shekel rose against the dollar by 0.37% to reach 3.767 shekels/dollar, and fell against the euro by 0.03% to reach 4.036/euros.…
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US Treasury yields boost dollar, Powell speech in focus By Reuters
By Amanda Cooper and Stefano Ribaudo (Reuters) – Rising U.S. yields supported the dollar on Tuesday, while low-yielding currencies such as the Japanese yen felt pressure as investors awaited a speech by Federal Reserve Chairman Jerome Powell later in the session. Benchmark 10-year U.S. Treasury yields rose about 14 basis…
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Spot Bitcoin ETFs Saw Largest Inflow in a Month
Bitcoin exchange-traded funds (ETFs) in the United States saw their largest daily inflow in nearly a month on Monday, totaling $129 million. Based on historical price trends, bitcoin looks set to start July on a bullish note. New: ?? #Bitcoin ETFs saw $130 million in inflows yesterday, the largest in…
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WideOpenWest cut to underperform at Raymond James By Investing.com
Raymond James downgraded WideOpenWest (WOW) to Underperform, citing limited upside potential following the proposed acquisition. The company received a non-binding offer of $4.80 per share from its major shareholders and affiliates, which is in line with Raymond James’ previous target price of $5. However, the stock is currently trading above…
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Euro’s lack of faith highlights risks surrounding French elections
The euro may have looked a bit optimistic early yesterday, but it faces a reality check today. The first round of the French election saw a clear victory for Le Pen’s far-right faction. Although the margin of victory was slightly narrower than expected, it also underscored the Macron government’s failure…
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Ethereum Suffers 3rd Straight Weekly Outflows
The digital asset market is witnessing a wave of investor caution, with Ethereum leading the charge. CoinShares reports a third straight week of outflows, with Ethereum taking the biggest hit. This negative sentiment in the leading altcoin, coupled with sluggish trading volumes and regional outflows across the market, paints a…
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European Stocks Drop on Rates Outlook, France Poll: Markets Wrap
(Bloomberg) — European stocks fell after policymakers signaled they needed more evidence that price pressures were under control, even as the latest data showed euro-area inflation slowing slightly. Most Read from Bloomberg The pan-European Stoxx 600 index fell about 0.5%, led by insurers and automakers. France’s CAC 40 lost most…
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Spirit Aero chief in spotlight as Boeing searches for new CEO By Reuters
Written by Rajesh Kumar Singh CHICAGO (Reuters) – Boeing Co’s long-awaited announcement that it will buy back its troubled supplier Spirit Aerosystems Inc has now turned investors’ focus to the planemaker’s search for a new chief executive. Boeing is looking for a new chief executive after Dave Calhoun said in…
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Hawaii Crypto Firms Freed From Money Transmitter License
In a historic move, the Hawaii Department of Commerce and Consumer Affairs (DCCA) has announced that crypto businesses operating within the state will no longer require a Money Transmitter License (MTL) as of June 30, 2024. This strategic decision comes after the expiration of Digital Currency Innovation Lab (DCIL)a regulatory…