News
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Cryptocurrencies
Litecoin ETF Approved after FOMC Meeting – What Crypto to Buy in a Bullish January?
Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs. However, the only application to get a green light was Canary Capital’s Litecoin ETF ($LTC ETF). Unsurprisingly, the regulator has re...Bitcoinist
Jan 30, 2025
Stocks
BRIEF-ADQ Enters Strategic Deal With Orion Resource Partners To Establish $1.2 Bln JV - AD Media Office
Jan 30 (Reuters) - ABU DHABI MEDIA OFFICE:ADQ ENTERS STRATEGIC AGREEMENT WITH ORION RESOURCE PARTNERS TO ESTABLISH USD$1.2BN JOINT VENTURE IN METALS AND MINING SECTOR- ABU DHABI MEDIA OFFICEAD MEDIA OFFICE- ADQ HAS PARTNERED WITH ORION RESOURCE PARTNERS (ORION) TO ESTABLISH A NEW ABU DHABI-BASED 50...Reuters
Jan 30, 2025
Stocks
Meta shares climb as Q4 print beats estimates; revenue guidance slightly misses
Investing.com -- Meta Platforms reported Wednesday better-than-expected fourth-quarter results, but its revenue guidance for the current quarter fell just shy of analyst estimates.Meta Platforms Inc (Investing.com
Jan 30, 2025
Forex
EMERGING MARKETS-FX stable after Fed decision; rand up before expected rate cut
US Fed holds rates, sees no hurry to cut ECB, South Africa central bank decision awaited Turkish economic confidence rises in January MSCI EM FX off 0.1%, stocks flatBy Purvi Agarwal Jan 30 (Reuters) - Most emerging market currencies were steady against the dollar on Thursday after the U.S. Feder...Reuters
Jan 30, 2025
Stocks
Warren Buffett Has $74 Billion of Berkshire Hathaway's $301 Billion Portfolio Tied Up in 2 Leading Artificial Intelligence (AI) Stocks
When Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) billionaire money manager speaks, Wall Street is compelled to pay attention. This is because the "Oracle of Omaha" has returned north of 5,700,000% for Berkshire's Class A (BRK.A) shareholders since taking over as CEO in the mid-1960s.Lengthy book...The Motley Fool
Jan 30, 2025
Stocks
BUZZ-Street View: Microsoft's cloud outlook a 'short-term blip'
** Microsoft MSFT.O on Wednesday forecast disappointing growth in its cloud computing business, worrying investors about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China** Shares down 3.73% in premarket tradingSHORT-TERM HEADWINDS PERSIST** Barc...Reuters
Jan 30, 2025
Technical Analysis
USD/CAD is extremely overvalued – BBH
As was widely expected, the Bank of Canada (BOC) slashed the policy rate 25bps to 3.00% yesterday. The BOC also announced two changes to its monetary policy implementation framework. These tweaks are technical and have no material monetary policy implications, BBH FX analysts report.
Fxstreet
Jan 30, 2025
Economic Indicator
Greek unemployment drops to 9.4% in December
Jan 30 (Reuters) - Greece's jobless rate stood at 9.4% in December, down from a downwardly revised 9.5% in November, data from statistics service ELSTAT showed on Thursday.Seasonally adjusted data showed 443,639 people were officially unemployed.Unemployment impacted women more than men, at the ...Reuters
Jan 30, 2025
Stocks
BUZZ-Street View: Meta's growth trends in place amid high spending concerns
** Meta Platforms META.O beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off** META shares up 2.6% at $69...Reuters
Jan 30, 2025
Other
Italy seizes $48.4 million from FedEx's unit over alleged tax fraud
Adds comments from FedEx, paragraphs 3-4 MILAN, Jan 29 (Reuters) - Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx's FDX.N local unit, FedEx Express Italy srl, following an investigation into alleged tax fraud linked to illicit labour supply, prosecutors' docu...Reuters
Jan 30, 2025
