Category: Jumps
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Intel stock jumps on Qualcomm’s takeover approach
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Intel shares rose after the Wall Street Journal reported that Qualcomm Inc. had approached the company about acquiring it, a potential record deal for the chipmaker. The discussions took place in recent days, the newspaper reported, citing people familiar with the situation. However, a deal is not certain, according to…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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US dollar jumps as the odds of a 50 basis point cut dwindle
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Today was a roller coaster ride between a mixed non-farm payrolls report and Fed comments. Now that all the cards are on the table, the market is starting to move away from the 50 basis point level. The odds have fallen to 23% from 57% immediately after the jobs report.…
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US dollar jumps as the odds of a 50 basis point cut dwindle
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Today was a roller coaster ride between a mixed non-farm payrolls report and Fed comments. Now that all the cards are on the table, the market is starting to move away from the 50 basis point level. The odds have fallen to 23% from 57% immediately after the jobs report.…
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Emergent stock jumps as FDA clears smallpox vaccine for people at high risk of mpox (NYSE:EBS)
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Emerging Bio-Solutions (New York: EBS) stocks jumped 23% pre-market Friday The U.S. Food and Drug Administration (FDA) has approved expanded use of the company’s ACAM2000 smallpox vaccine to include people at risk of smallpox infection. Earlier this month, the World Health Organization announced The outbreak of monkeypox, formerly known as…
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Emergent stock jumps as FDA clears smallpox vaccine for people at high risk of mpox (NYSE:EBS)
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Emerging Bio-Solutions (New York: EBS) stocks jumped 23% pre-market Friday The U.S. Food and Drug Administration (FDA) has approved expanded use of the company’s ACAM2000 smallpox vaccine to include people at risk of smallpox infection. Earlier this month, the World Health Organization announced The outbreak of monkeypox, formerly known as…
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Bitcoin Difficulty Jumps 3% As Hashrate Slowly Recovers
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On-chain data shows that the Bitcoin mining difficulty has seen an increase in the latest adjustment, which is a result of the hash rate recovery. Bitcoin mining difficulty has seen a positive adjustment of 3% recently. The term “mining difficulty” refers to a feature built into the Bitcoin blockchain that…
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South African rand jumps as Fed’s Powell signals lower rates By Reuters
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JOHANNESBURG (Reuters) – South Africa’s rand jumped on Friday after comments from Federal Reserve Chairman Jerome Powell suggested an interest rate cut next month. At 1520 GMT, the rand was trading at 17.71 rand to the dollar, up 1.82% from its previous close. “The time has come to adjust policy,”…
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Job market: more cooling may cause bigger unemployment jumps
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The Federal Reserve Bank of Kansas City’s annual economic symposium, held in Jackson Hole, Wyoming, is coming to a close. Here are some key takeaways from the conference: Powell’s Axis Federal Reserve Chairman Jerome Powell’s widely anticipated speech confirmed expectations of a rate cut at the central bank’s next meeting…
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Algorand Achieves New Record With 2 Billion Transactions, ALGO Price Jumps 14%
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In a recent report analyzing the second quarter performance of layer-1 (L1) blockchain network Algorand (ALGO), data analytics firm Messari highlighted several notable milestones the network achieved during the period, with a record number of transactions being one of the most notable. Rapid network growth One of the main metrics…
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ZIM jumps sharply after raising guidance
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ZIM INTEGRATED SHIPPING SERVICES CO., LTD. ZIM (NYSE: ZIM) surprised investors today by significantly raising its annual outlook and beating expectations for the second quarter. The stock opened 14.32% higher on Wall Street, giving it a market cap of $2.622 billion. The Israeli shipping company reported revenue of $1.9 billion…
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Dow jumps 285 points as traders try to extend comeback from big sell-off
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Lucky Photographer/Shutterstock U.S. stocks rose on Wednesday as traders tried to extend a rally that began on Tuesday following a recent sell-off. The Bank of Japan indicated that it will pause interest rate hikes in the near term, boosting investor sentiment. Major stock indices, with the Dow Jones up about…
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Camtek jumps on new order from tier-1 chipmaker
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Camtek CEO Rafi Amit Credit: Raanan Tal ICL Buys US Custom Ag Formulators for $60 Million Approval of a reduction in home purchase tax for new immigrants The Israeli company announced today that it has received orders worth over $25 million from a top-tier manufacturer specializing in high-bandwidth memory (HBM).…
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AVAX jumps 13% as gaming partnerships propel growth
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AVAX, the native token of the Layer-1 Avalanche blockchain, has seen a significant 13% increase over the past 24 hours, making it the biggest gainer among the top 100 cryptocurrencies by market cap. Currently, the token is trading at around $32.2 million, up 11.5% in the same period, with its…
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AVAX jumps 13% as gaming partnerships propel growth
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AVAX, the native token of the Layer-1 Avalanche blockchain, has seen a significant 13% increase over the past 24 hours, making it the biggest gainer among the top 100 cryptocurrencies by market cap. Currently, the token is trading at around $32.2 million, up 11.5% in the same period, with its…
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Yen jumps on possible intervention, sterling hits one-year high By Reuters
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By Chuck Mikolajczak NEW YORK (Reuters) – The yen rose sharply on Wednesday in a move suspected to be the result of another intervention by Japanese officials to support the currency, which has been battered by a multi-decade low. The yen has made several big moves in recent days, rising…
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DJT stock jumps then nosedives after first presidential debate between Trump and Biden
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Trump Media and Technology Group (DJT) stock rose early Friday before erasing gains and falling by double digits after former President Donald Trump faced off against current Commander-in-Chief Joe Biden in the first presidential debate of 2024. Shares of Trump’s social media parent company, Truth Social, fell about 12% in…
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Aussie dollar jumps on inflation spike, while yen stays under pressure By Reuters
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Written by Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Australian dollar rose after a surprise jump in inflation on Wednesday raised the prospect of another interest rate hike, while the U.S. dollar maintained downward pressure on the Japanese yen. Moves elsewhere in the market were relatively muted as…