Bitcoin Volatility Surges as Traders Brace for Potential Price Swings Bitcoin experienced increased volatility on June 30, with traders anticipating notable price movements for BTC as the cryptocurrency approached significant weekly, monthly, and quarterly candle closes. Bitcoin (BTC) reached highs of $63,712 over the past 24 hours, according to CoinMarketCap data. This came after BTC […]
RXO (RXO) stock surged early Monday after the company announced Sunday it would purchase UPS‘ (UPS) Coyote Logistics, the company’s freight-brokerage business, for slightly more than $1 billion. The deal comes just days before rival FedEx (FDX) closes the door on fiscal 2024 with fourth-quarter earnings. ↑ X NOW PLAYING With The Nasdaq Stretched, Here’s […]
(Bloomberg) — Turkey posted its biggest monthly budget surplus on record as the government shifts to repairing public finances to complement monetary policies geared toward bringing down inflation. Most Read from Bloomberg The central budget balance recorded a 219 billion-lira surplus ($6.7 billion) in May, the most in data that stretches back to 2006. It […]
Robert F. Kennedy Jr. narrowly helps President Biden and hurts former President Trump’s chances at winning the White House in key battleground states, a new survey finds. Polling from Mainstreet Research, PolCom Lab and Florida Atlantic University showed Trump with a slight lead over Biden in a head-to-head race in both Pennsylvania and Wisconsin. But when Kennedy is […]
(Bloomberg) — Oil swung between gains and losses after OPEC+ set out a plan to restore some production as early as October, despite concerns over the demand outlook and robust supply from outside of the group. Most Read from Bloomberg Production cuts will continue in full in the third quarter and then be gradually phased […]
Crypto prices endured wild swings on Thursday as traders anxiously awaited a U.S. regulatory decision to list spot-based ether exchange-traded funds. Read more: Ether ETFs Clear Major Hurdle, Though SEC Hasn’t Cleared Them for Trading Yet Within a nerve-wracking hour leading up to the eventual approval, ETH first tumbled to $3,500 at around U.S. traditional […]
(Adds details, context in paragraphs 3-7) SAO PAULO, May 14 (Reuters) – Brazilian airline Gol reported on Tuesday a first-quarter recurring net loss of 130.2 million reais ($25.39 million), swinging into the red after a 136.4 million-real net profit a year ago, mainly hit by financial expenses. Gol filed for Chapter 11 bankruptcy protection in […]
Despite benefitting from demand for its sports and entertainment content, live events and premium experiences, Endeavor Group Holdings swung to a net loss of $303.5 million in its first quarter of 2024, compared to a profit of $36.26 million a year ago. The net loss included $92.65 million in restructuring and impairment charges, $25.6 million […]
Bristol Myers Squibb Swings To Quarterly Loss, After String Of Multi-Billion Acquisitions Thursday, Bristol Myers Squibb & Co (NYSE:BMY) posted first-quarter revenues of $11.9 billion, beating the consensus of $11.5 billion, an increase of 5% year-over-year, or 6% when adjusted for foreign exchange impacts, primarily driven by Eliquis, Reblozyl, and Opdualag, partially offset by Opdivo and Revlimid. Growth Portfolio […]
(Bloomberg) — An exchange-traded fund that owns gold companies has become the latest target of frenzied trading in China as investors pile into corners of the market seen as resilient to the country’s economic challenges. Most Read from Bloomberg Trading for the ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF was halted until 10:30 a.m Monday […]
I love a kettlebell swing — whether it’s a Russian or American kettlebell swing, a lateral swing, or the single-arm variation, I’m always down to pick up a kettlebell and clock up the reps. We’ve completed a fair few fitness challenges at Tom’s Guide, and one I hadn’t gotten around to trying out was the […]
Portugal’s main centre-right party narrowly defeated the incumbent Socialists but fell well short of a majority in a general election that saw far-right Chega surge to become a potential kingmaker. The result marks another advance for the populist far right in Europe, where they already govern — often in coalition — in countries such as […]