Category: market
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Market Expert Says Bitcoin Price Has Officially Left The Danger Zone, Can Price Strike $100,000?
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Cryptocurrency analyst Rekt Capital It was recently suggested that the worst may be over for Bitcoin. If so, the flagship cryptocurrency could be poised for a move to the upside, rising to AS Up to $100,000which is what some other cryptocurrency analysts expected. Bitcoin is out of the “danger zone”…
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Daily Broad Market Recap – May 13, 2024
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Markets were off to a bit of a slow start on Monday, before volatility increased and led to a mixed race for asset classes. Crude oil has rebounded from the initial slump while gold and Treasury yields have fallen. What’s up with that?! Titles: BusinessNZ Services Index April: 47.1 (previously…
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Flux Power navigates market headwinds, eyes growth By Investing.com
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Flux Power Holdings (FLUX) reported a challenging third quarter for the fiscal year 2024, with revenues declining to $14.5 million from $15.1 million in the same quarter of the previous year. The company faced delays in new orders, primarily due to revised forklift delivery schedules and the broader impact of…
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How The Rise In Cash Offers Are Shaping the House Buyer Property Market
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Imagine you’ve found your dream home, spent days searching for the perfect mortgage, and just as you’re about to make an offer, a buyer comes along and buys the property for cash. This scenario is becoming increasingly common in the real estate market, relegating traditional buyers to the sidelines. Although…
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Solana Snowfall? Price Plunges Amidst Market Correction
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Solana, the high-speed blockchain that was once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has seen a major correction, currently trading at $145. Analysts warn of a potential free fall, citing external market forces and…
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Biden’s Solar Factory Boom Slows as Cheap Imports Flood Market
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Breadcrumb links BMN Business The inflation cap law helped spur solar manufacturing in the United States, but after less than two years, there are signs that the boom is fading. Article writer: Bloomberg News Jennifer Dlouhy Posted on May 12, 2024 • 4 minutes read You can save this article…
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TripAdvisor takes itself off the market leaving analysts split on company’s fate (TRIP)
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It’s been a tough week for TripAdvisor (Nasdaq: Journey) which declined at Friday’s close by more than 30% from last week, as first-quarter results were affected by the company’s decision to withdraw from the takeover dispute. Disappointed investors were bailed out of shares, wiping out all the gains made when…
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Weekly Market Outlook (13-17 May)
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Upcoming events: Monday: New Zealand Services Purchasing Managers’ Index. Tuesday: Japanese Producer Price Index, UK Labor Market Report, Eurozone ZEW, US NFIB Small Business Optimism Index, US Producer Price Index, Fed Chairman Powell’s speech. Wednesday: Australian Wage Price Index, Eurozone Industrial Production, US CPI, US Retail Sales, US NAHB Housing…
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Latham Group reports resilient Q1 despite soft market By Investing.com
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Latham Group, Inc. (SWIM) kicked off the first quarter of 2024 with results that surpassed their own forecasts, showcasing the company’s resilience in a challenging market for the pool industry. The company’s strategic cost reductions and efficiency improvements have led to a stronger margin profile, despite a decline in net…
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Avalanche (AVAX) Price Dips As Market Turbulence Persists
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fax It is the native utility code for Avalanche blockchain. The token is currently ranked 12th by market cap, with a total supply of 440,043,419 AVAX and a total trading volume of over $396,250,098 in the last 24 hours. Since its recent decline at $36.15, AVAX has continued to move…
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Breaking Down Its 2400% Uptrend And Market Outperformance
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Decentralized and open source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2,400% year-to-date price increase. while Bitcoin (BTC) and other major cryptocurrencies are seeing price corrections, and Akash Network and its native…
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WIF, TON Explode by Double Digits as BTC Taps $63K Amid Minor ETF Outflows (Market Watch)
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Bitcoin price volatility has increased in the last few hours as the asset briefly rose towards $64,000 but was halted and pushed back to $63,000 now. RNDR continues to rise in price with another impressive daily increase that pushed it to over $11. Most of the other alternatives are also…
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WIF, TON Explode by Double Digits as BTC Taps $63K Amid Minor ETF Outflows (Market Watch)
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Bitcoin price volatility has increased in the last few hours as the asset briefly rose towards $64,000 but was halted and pushed back to $63,000 now. RNDR continues to rise in price with another impressive daily increase that pushed it to over $11. Most of the other alternatives are also…
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Daily Broad Market Recap – May 9, 2024
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Most European markets were closed for the holiday, but that did not stop the major currencies from recording big moves during the first-tier issues! The spotlight was mostly on the Bank of England’s monetary policy statement, as the bank decided to keep interest rates at 5.25% as expected but still…
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Canada’s job market could be in worse shape than it looks
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Breadcrumb links News Tomorrow’s headline number won’t tell the whole story Posted on May 9, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. CIBC says Canada’s labor market may be weaker than it appears. Image…
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Crypto token unlocks could lead to market correction
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The cryptocurrency market’s current bull cycle may be shorter than previous ones and is unlikely to end with a significant altcoin rally. As reported by 10x Research analysts, cryptocurrency investment funds, which will concentrate a significant share of coins in the future, may be the reason behind this. Be careful…
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Daily Broad Market Recap – May 8, 2024
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Who works late because he is a merchant ̶s̶i̶n̶g̶e̶r̶? It doesn’t have to be espresso Today because we have all the details on how the major financial assets moved yesterday. With no major market movers on Wednesday, this was a perfect opportunity for major assets to respond to their individual…
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Dow ends higher for 6th session, but Treasury yields pressure market By Reuters
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Written by David French (Reuters) – The index ended higher on Wednesday, extending its winning streak to six in a row and closing above 39,000 points for the first time in five weeks, as investors continued to bet on supportive US monetary policy. Other Wall Street indexes calmed slightly as…