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Analyst Reveals The ‘Truth’ Behind This Dogecoin Price Rally
The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.
Australian Dollar advances despite lower-than-expected monthly Consumer Price Index
The Australian Dollar (AUD) halts its three-day losing streak on Wednesday as the US Dollar (USD) remains subdued amid bond market optimism. Additionally, the Reserve Bank of Australia's (RBA) hawkish outlook on future interest rate decisions provides support for the AUD.
Fxstreet
Nov 27, 2024
Institutions Just ‘Waiting To Buy Up’ Bitcoin, Says MARA CEO
In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs.
FedEx could unlock $10-20bln in shareholder value from potential freight spin-off
Investing.com -- FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by spinning off its freight business into a standalone company, Barclays (LON:BARC) analysts said in a note.Investing.com
Nov 27, 2024
Drug cartels are reportedly using Tether (USDT) for money laundering
Recent reports claim that drug cartels dealing in cocaine have started using Tether (USDT) in their money laundering activities in North and South America. These organizations are said to use the stablecoin to transfer funds and cash rapidly and anonymously across borders.USD/CAD drifts lower to near 1.4050, potential downside seems limited amid Trump tariff threat
The USD/CAD pair trades with mild losses around 1.4055 during the early Asian session on Wednesday. The Canadian Dollar (CAD) recovers some lost ground after reaching a 55-month low due to US President-elect Donald Trump vowing tariffs on Mexico and Canada and extra tariffs on China.
Fxstreet
Nov 27, 2024
CrowdStrike beats Q3 estimates on cybersecurity demand
Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ:CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is rising online threats fueled by the use of artificial intelligence (AI).Investing.com
Nov 27, 2024
EUR/USD flattens near 1.05 in the run-up to EU inflation figures
EUR/USD cycled the 1.0500 handle on Tuesday, with Fiber price action drifting into the near-term middle ground as directional momentum drains out of the pair. The economic calendar is an overall thin affair this week, with the US Thanksgiving holiday on Thursday trimming late-week market momentum.
Fxstreet
Nov 27, 2024
Dell Technologies Q3 revenue falls short of estimates as weak PC demand weighs
Investing.com -- Dell Technologies reported Tuesday third second-quarter results as earnings beat, but revenue fell short of Wall Street estimates as strength in AI-related growth was offset by soft PC demand.Investing.com
Nov 27, 2024
Goldman strategists outline five reflation, tariff hedges for 2025
Investing.com -- As the 'Goldilocks' market backdrop over the past year moves into the rearview mirror, the prospect of a reflationary environment following a Republican sweep threatens risky assets, Goldman Sachs says, outlining five reflation and tariff hedges for 2025.
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