Bed Bath & Beyond stock bounces toward 1st gain in 9 days
Shares of Bed Bath & Beyond Inc. (BBBY) were up 1.1% in premarket trading on Friday, giving the home goods retailer its first gain in nine sessions. The stock had plummeted 69.3% during the 8-session losing streak that ended Thursday, which was the longest since the 9-day stretch that ended November 7, 2022. The selloff […]
How to Use Forex Fundamental Analysis to Guide Your Trading Decisions
Introduction Forex trading can be a profitable and rewarding endeavor, but it can also be a risky and unpredictable endeavor. To maximize your success in the Forex market, it is important to understand the fundamental factors that drive currency prices. By understanding these factors and how they interact with each other, you can use fundamental […]
Cryptocurrency Regulations: What’s the Impact on Adoption?
Introduction Cryptocurrency regulations are becoming increasingly important as the technology continues to gain traction in the global financial system. Cryptocurrencies have been around since the late 1990s, but it is only in the last few years that they have become more widely accepted and adopted. As governments around the world begin to recognize the potential […]
Investors React Positively to Federal Reserve Rate Decision
Investors React Positively to Federal Reserve Rate Decision The Federal Reserve (Fed) recently announced its decision to keep interest rates unchanged, and investors have responded positively to the news. The decision was widely expected and the markets reacted with a rally, as investors viewed the decision as a sign of stability and confidence in the […]
Overshoot to support at 1.0460 cannot be excluded as a risk – Scotiabank
The Euro has been on a steady decline recently and economists at Scotiabank are predicting that the EUR/USD pair could drop as low as 1.0460. This would mark a significant decline for the currency pair and could have a major impact on the global economy. The EUR/USD pair has already broken out of its February […]
Bitcoin Price Still Bullish To Hit $30K, Predicts On-Chain Data And Crypto Analyst
Bitcoin price finally hit the $25K psychological level today, but failed to build momentum and fell below $23.7K. The sudden fall came after U.S. Federal Reserve officials’ hawkish comments. Stronger-than-expected US economic data and hawkish remarks from Federal Reserve officials including Loretta Mester and James Bullard suggesting another 50 bps rate hike caused the U.S. […]
AutoNation profit easily tops expectations
AutoNation Inc. AN, a leading automotive retailer, reported strong fourth-quarter earnings on Friday, easily surpassing profit expectations. The company posted net income of $286.4 million, or $5.72 a share, compared to $387.1 million, or $5.78 a share, in the same quarter of the previous year. On an adjusted basis, AutoNation earned $6.37 a share, up […]
The Essential Guide to Forex Trading for Beginners
The Essential Guide to Forex Trading for Beginners Getting started in the world of foreign exchange (forex) trading can be intimidating. With so much to learn and so much to consider, it can be difficult to know where to begin. This guide is designed to give beginner forex traders the essential information they need to […]
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
Celsius Network LLC, a crypto lender that filed for bankruptcy in July 2020, failed to record some 7,000 intercompany transfers worth billions of dollars in the three months leading up to its filing. This is according to court filings from Thursday, which show that the company did not properly record transactions between its affiliated companies. […]
Navigating the Stock Market with the Right Platform
Navigating the Stock Market with the Right Platform Introduction Investing in stocks can be a great way to generate wealth and grow your portfolio, but it can also be a daunting task for those who are unfamiliar with the stock market. With so many different platforms and brokers available, it can be difficult to know […]