Tag: market

August 3, 2021

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]

August 3, 2021

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]

July 28, 2021

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]

July 27, 2021

Stocks closed lower on Wall Street Tuesday, pulling major indexes back slightly from the records they set a day earlier. Weakness in big technology companies was the biggest factor. Markets have been choppy as investors try to get a clearer […]

July 27, 2021

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]

July 26, 2021

Shares of cryptocurrency mining companies soared in early Monday morning trading as bitcoin staged a rally to a six-week high above $38,000. Marathon Digital Holdings and Riot Blockchain both jumped 18% premarket. Crypto mining peers including Bitfarms (up 17.6%), Bit […]

July 8, 2021

Carver Bancorp (CARV) – Get Report more than tripled on Thursday as one of the country’s oldest and largest African-American-backed financial institutions caught the attention of retail traders. Shares of the New York company at last check were trading at […]

July 8, 2021

The price of oil extends the rebound from the weekly low ($70.76) as US inventories contract for eight consecutive weeks, but recent price action warns of a larger correction in crude as it extends the series of lower highs and […]

July 7, 2021

The cloud computing industry is expected to grow substantially in the coming months driven by the rapid digitalization and commercialization of 5G, among other factors. So, it could be wise to bet now on Workday (NASDAQ:WDAY), Teradata (TDC), Cloudera (NYSE:CLDR), […]

July 7, 2021

China’s stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said. On […]