Search
News
Cryptocurrencies
Robinhood takes Crypto.com stakes in prediction markets deal
Robinhood Markets has agreed to list Crypto.com’s yes-or-no event contracts on its app. The company has also agreed to buy minority stakes in both the exchange and its newly separated prediction-markets arm, OG.com. What did Robinhood and Crypto.com agree to? Robinhood (NASDAQ: HOOD), which is already making a lot of money from event contracts, with...Cryptopolitan
Tue, Sep 8
Economic Indicator
United States: Core inflation stays contained as goods soften – TD Securities
TD Securities economists Oscar Munoz, Eli Nir, Gennadiy Goldberg and Molly Brooks expect August Core CPI to rise 0.19% m/m, with services driving gains and core goods offsetting. They project Core CPI at 2.3% y/y and Headline CPI steady at 3.4% y/y.Fxstreet
Tue, Sep 8
Market Movers
Valero Energy Corp Stock (VLO) Moved Up by 3.24% on Sep 8: Drivers Behind the Movement
• Wall Street upgrades raised price targets due to extended refining profitability expectations. • Global supply tightness and geopolitical disruptions allowed refiners to capture wide margins. • Technical indicators show a buy signal with an RSI of 79.261.
TradingKey
Tue, Sep 8
Market Movers
Bristol-Myers Squibb Co Stock (BMY) Moved Down by 3.25% on Sep 8: Facts Behind the Movement
• Bristol-Myers Squibb faced profit-taking despite positive Phase 2 trial results for arlocabtagene autoleucel. • Investors reacted cautiously due to unspecified regulatory timelines and recent clinical trial enrollment pauses. • The company reports $48.19B in annual revenue and maintains solid financial operating metrics.
TradingKey
Tue, Sep 8
Market Movers
Vertiv Holdings Co Stock (VRT) Moved Up by 4.91% on Sep 8: What Signal Does It Send?
• Vertiv agreed to acquire UtilityInnovation Group to expand into microgrid controls. • Management raised full-year sales, operating profit, and cash flow guidance. • The company reported latest annual revenue of $10.23B and net profit of $1.33B.
TradingKey
Tue, Sep 8
Market Movers
Intuitive Surgical Inc Stock (ISRG) Moved Down by 4.38% on Sep 8: Drivers Behind the Movement
• Intuitive Surgical faced selling pressure from moderated domestic elective procedure growth. • Rising competition from rival medical robotic systems created investor sentiment drag. • Premium valuation multiples and insider stock sales compounded recent downside momentum.
TradingKey
Tue, Sep 8
Market Movers
Uber Technologies Inc Stock (UBER) Moved Down by 3.60% on Sep 8: Drivers Behind the Movement
• Autonomous vehicle competition and capital commitments create stock valuation overhang. • Sizable acquisition plans and softer profit guidance prompt investor caution. • Annual revenue reached $52.02B with net profit at $10.05B.
TradingKey
Tue, Sep 8
Forex
Mexican Peso flatlines as traders brace for Mexico’s fiscal package
The Mexican Peso remains unchanged against the US Dollar on Tuesday as market participants await the release of Mexico’s Fiscal package, which will be delivered to the Mexican Congress for approval. At the time of writing, the USD/MXN trades at 16.91 flatlined.
Fxstreet
Tue, Sep 8
Economic Indicator
Japanese Yen: Intervention risk and key levels in focus against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is modestly firmer, with USD/JPY extending losses through prior intervention lows near 155, a move seen as technically significant and potentially pointing to further Yen gains.
Fxstreet
Tue, Sep 8
Cryptocurrencies
The Sandbox, Cronos move on from hacks as researchers urged to report bug responsibly
The Sandbox has begun accepting compensation claims from users who lost bridged SAND in an August exploit. The move to make users whole is coming around the same time that hardware wallet makers Ledger and Trezor are warning that the next wave of bugs is arriving at a pace that is faster than what defenders...Cryptopolitan
Tue, Sep 8
Economic Indicator
United Kingdom: Backloaded consolidation risks – Deutsche Bank
Deutsche Bank’s UK Chart Of The Week, authored by Sanjay Raja, Shreyas Gopal and Maui Brennan, argues that UK fiscal consolidation since the 2024 election is primarily tax-driven and heavily backloaded.Fxstreet
Tue, Sep 8
Featured Tools
Top News
【US Pre-Market】US CPI Ahead; Bank of America Falls 4%, BlackRock Gains Over 5%
ASML Third-Quarter Earnings Beat Expectations: AI Chip Demand Drives Revenue Surge, Full-Year Guidance Raised Again
TSMC Q3 Earnings Beat Estimates: Net Profit Surges 69% to Record High as AI Demand Remains Strong
US Inflation Heats Up Again as September CPI Rises to 3.7%: Will the Fed Raise Rates Again?
US September CPI Preview: Inflation May Heat Up, How Will US Stocks, Dollar and Gold React?