Stock market meltdown makes Fed and BOJ rate decisions difficult, rebound adds complexity.
From Google: 2024-08-06 02:11:00 Stock markets are experiencing a meltdown, making decisions for the Federal Reserve and Bank of Japan
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UK body recommends classifying crypto assets as property category, SEC sued over NFT status
From Cointelegraph August 6, 2024 2:04 AM: The Law Commission’s final report recommends reclassifying crypto assets to address legal gaps.
AC Drives Market projected to reach $52.7 billion by 2033, driven by HVAC systems.
From GlobeNewswire: 2024-08-06 01:14:00 Allied Market Research forecasts the AC Drives Market to reach $52.7 billion by 2033, with a
CoinShares reports strong Q2 results with revenue of £22.5 million, emphasizing growth and dividend policy
From GlobeNewswire.: 2024-08-06 01:00:00 CoinShares International Limited has released its second-quarter results, showing significant growth across various financial metrics. Revenue
CoinShares reports strong Q2 2024 financial results, with revenue of £22.5 million and EBITDA of £26.6 million.
From GlobeNewswire: 2024-08-06 01:00:00 CoinShares International Limited has released its Q2 2024 results, displaying strong financial performance. Revenue for Q2
Meta Platforms stock is up 40% YTD, exceeding S&P 500, with strong Q2 results.
From Nasdaq: 2024-08-06 00:53:43 Meta Platforms’ stock has surged 41% year-to-date, outperforming the S&P 500. Despite trading at $498 per
China stocks struggle to rebound after global market slump, with various indexes dropping slightly
From Google: 2024-08-06 00:00:18 China stocks are facing challenges in rebounding after a global market slump. The Shanghai Composite Index
Microsoft stock falls below 200-day moving average, down 3.3% for the day, trading at $395.15
From NASDAQ: 2024-08-05 23:51:10 Shares of Microsoft Corporation (MSFT) fell below their 200 day moving average, hitting a low of
AI tokens surge in value as Elon Musk battles Sam Altman and OpenAI in lawsuit
From Google: 2024-08-05 23:30:03 AI tokens are rallying against the crypto bloodbath as Elon Musk faces off against Sam Altman
Bank of Japan's actions led to a 15% drop in crypto market value.
From The media company name for cointelegraph.com is “Cointelegraph”. On August 5, 2024 at 11:14:30 PM: The crypto market experienced
SunPower files for bankruptcy and plans to sell assets, including Blue Raven Solar business
From Investing.com: 2024-08-05 23:05:14 Solar firm SunPower filed for Chapter 11 bankruptcy and entered into a $45 million ‘stalking horse’
Asian stocks rebound after steep losses, led by Japanese markets; Nikkei surges over 10%.
From Investing.com: 2024-08-05 22:27:22 Most Asian stocks rebound on Tuesday after steep losses, with Japanese markets leading the way, recovering
Marin Software responds to antitrust ruling against Google, emphasizing need for unbiased marketing solutions.
From Nasdaq: 2024-08-05 20:53:57 Marin Software responds to a recent antitrust ruling against Google, highlighting the need for unbiased marketing
The Reserve Bank is considering interest rate cuts due to falling global markets
From Google: 2024-08-05 20:45:00 1. The Reserve Bank is contemplating its interest rate decision amid global market turbulence. Factors under
Bitcoin and Ethereum ETFs see increased trading volume as Bitcoin prices drop below $50,000.
From Cointelegraph August 5, 2024 8:42:09 PM: Bitcoin prices dropped below $50,000 on August 5 in US trading, leading to
Three key leaders, including CTO Greg Brockman, leave OpenAI, possibly signaling a shift in strategy.
From Google: 2024-08-05 20:31:00 Three leaders, including CTO Greg Brockman, leave OpenAI. Brockman had been with the company since its
S&P 500 futures bounce back after worst day in two years, tech stocks rally
From Google: 2024-08-05 20:24:00 The S&P 500 futures rebound after the index saw its worst day in almost two years,
Stock market experiences sudden downturn in August due to weaker economic reports, but experts advise against panicking and see opportunities in undervalued areas.
From Morningstar: 2024-08-05 20:20:00 In August, the stock market experienced a sudden downturn due to weaker economic reports, including the
Reserve Bank of Australia may cut rates to stimulate economy, potentially saving homeowners money
From Google: 2024-08-05 20:01:06 Australians with mortgages may be in for rate cuts as the Reserve Bank looks to stimulate
US senators are pushing for a ban on election betting, while decentralized prediction platforms gain popularity.
From Cointelegraph August 5, 2024 7:37:38 pm: In recent news, Polymarket, a decentralized prediction platform, has amassed over $500 million
Electric vehicle industry facing challenges, BYDDY stock down 20% but analysts forecast 31.6% premium
From NASDAQ.: 2024-08-05 18:59:25 The electric vehicle (EV) industry faces tough times due to high interest rates, inflation, and a
Bradesco Bank's Q2 net income grew by 12% due to strong performance across all sectors.
From Investing.com: 2024-08-05 18:57:34 Bradesco Bank (BBDC4.SA) reported a 12% increase in net income for Q2 2024, totaling BRL4.7 billion.
Microsoft exceeded Q4 earnings expectations with strong revenue and EPS, but Azure missing growth targets caused sell-off.
From Barchart: 2024-08-05 18:30:00 Microsoft closed its fiscal year 2024 with Q4 earnings that exceeded expectations, with revenue hitting $64.7
Aura Minerals Inc. reports increased EBITDA in Q2 2024 despite reduced production.
From GlobeNewswire: 2024-08-05 18:20:00 Aura Minerals Inc. (TSX: ORA) has released its unaudited Q2 2024 financial and operational results, showcasing
Global stocks plummeted due to economic concerns and fears of a recession, led by tech companies
From Nasdaq: 2024-08-05 18:13:42 Global equity markets took a deep dive on Monday, with US stocks leading the plunge as