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Uber Offered €33 per Share for Delivery Hero, But Investors Want €40+
Delivery Hero got a takeover offer from Uber on Saturday. The bid values the German food delivery company at €33 per share, or about $38.29. The offer is lower than what shareholders want. It’s about 1.76% below where Delivery Hero’s stock closed Friday. Uber just became Delivery Hero’s biggest shareholder. The ride-hailing company bumped up...Cryptopolitan
Sun, May 24
U.S. Has Added Nearly 2,000 Sanctions on Iran Since 2018
Iran has spent more than a month under Washington’s new “Economic Fury” sanctions drive, and the country has still not given the Trump administration what it wants. The campaign began on April 16 with a promise to use the “full range of available tools and authorities” against Tehran’s economy. That sounds big, but the early...Cryptopolitan
Sun, May 24
Almost All of Trump's Illegal Stock Market Trades Were Made After He Struck Iran
President Donald Trump is facing a new stock-trading mess after his latest financial filing showed 3,711 trades, with nearly all of them tied to shares in American companies. Many of the companies in the report can be affected by federal decisions, including policy on defense, taxes, energy, tech, trade, and regulation. Over 2,000 trades landed...Cryptopolitan
Sun, May 24
Telegram's Durov Piles on as Meta, Discord Fight Texas Lawsuits
WhatsApp and its parent company Meta (NASDAQ: META) have received lawsuits from the state of Texas regarding their privacy encryption. The company has been accused of violating the state’s Deceptive Trade Practices Act. Telegram’s founder, Pavel Durov did not miss the opportunity to pile on, writing the latest chapter in the long history of the...Cryptopolitan
Sun, May 24
Silver Price Forecast: XAG/USD remains subdued near $76.00 due to US-Iran uncertainty
Silver price (XAG/USD) declines after two days of gains, trading around $76.10 per troy ounce during the Asian hours on Friday. The non-yielding white metal struggles amid rising odds of hawkish sentiment surrounding the Federal Reserve (Fed) policy stance.
Fxstreet
Fri, May 22
Bitcoin Uptrend Remains Alive Despite Bearish Pressure Below $78,800
Bitcoin continues to show resilience despite mounting bearish pressure below the critical $78,800 resistance zone. While short-term volatility and repeated rejections have slowed bullish momentum, the broader market structure still indicates an active uptrend, as buyers continue to defend key supporNewsBTC
Fri, May 22
Tokenized Money Market Funds Unlikely to Challenge Stablecoin Dominance — JPMorgan
Tokenized money market funds are gaining traction as yield-generating alternatives to stablecoins, but remain a minor segment of the broader digital asset ecosystem, according to a report from JPMorgan.Fxstreet
Fri, May 22
British Pound trades flat as cooling UK inflation, Iran tensions cap upside
The GBP/USD pair holds steady around 1.3435 during the Asian trading hours on Thursday. However, a sharp slowdown in UK inflation and uncertainty surrounding US–Iran talks could weigh on the British Pound (GBP) against the US Dollar (USD).
Fxstreet
Thu, May 21
Australian Dollar Softens to Near 0.7150 on Weak Pmis, US Iran Tensions
The AUD/USD pair loses ground to near 0.7150 during the early Asian session on Thursday. The downbeat Australian economic data and safe-haven flows weigh on the Australian Dollar (AUD) against the US Dollar (USD).
Fxstreet
Thu, May 21
Euro Dives as US Yields Overpower ECB Hike Bets
EUR/USD drops near 1.1600 on Tuesday as the Greenback recovers some ground, supported by soaring US Treasury yields, even though ECB officials opened the door to rate hikes at the June meeting. The pair trades with losses of 0.48% at the time of writing.
Fxstreet
Wed, May 20
Gold Falls Below $4,500 on Rising Global Rate Hike Bets
Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops to its lowest since March 30 as persistent inflation fears keep interest rate hike expectations and Treasury yields high.Fxstreet
Wed, May 20
Fed's Paulson: Rate Cuts Require Progress on Inflation
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that she favored leaving interest rates unchanged and conditioned lower borrowing costs on making sustained progress on inflation, Bloomberg reported on Tuesday.Fxstreet
Wed, May 20
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