Since the highs of $210 in February 2021, Pinduoduo Inc. (NASDAQ:PDD) has failed to replicate gains. The stock crashed to trade at $23 in March this year. The last time the stock was trading at $23 wa...
Category: Finance
Live Finance News Updates.
What Tesla CEO Elon Musk gets wrong about ESG, according to Dave Nadig
The S&P benchmark environmental, social, and governance (ESG) index dropped Tesla (TSLA) recently, leading Elon Musk to tweet that ESG is a “scam.” But while Tesla has been a trailblaz...
Marketing Foods To Millenials
Millenials were born between 1981 and 1996 and are now aged 26 to 41 – they are a close second to the baby boomers – with approximately 72 million Millenials here in America. SNIPPResearch is a resear...
Hold Enphase Energy up to $219 but expects resistance at $189
Enphase Energy Inc. (NASDAQ:ENPH) has been surging in the past month with gains of 17%. Besides strengths in the energy sector, the stock was boosted by robust earnings late last month. The company re...
What’s the Environmental Impact of Cryptocurrency?
Many people are bullish about cryptocurrencies like Bitcoin, but detractors point to a major flaw—cryptocurrency mining is highly energy-intensive. While mining is just one method available to validat...
Bullish momentum revives XTZ/USD value up to the $2.13 mark
Tezos price analysis is bullish, with the XTZ/USD pair rising to the $2.13 level. However, the digital asset is facing resistance at this point and may pull back to test support at $1.96. The price ac...
Late Qing dynasty painter Wu Changshuo’s artwork based NFTs Sell Out Right After Drop
China has been a critic of digital assets and their mining, but still, it is constantly using the related concepts of blockchain, NFTs, etc. Non-fungible tokens (NFTs) based on Chinese late Qing...
Top US Banking Regulator Says Tether (USDT) May Have Similar Vulnerability to TerraUSD (UST) Without Regulation
The head of a key US banking regulatory agency says Tether (USDT), a stablecoin designed to be pegged to the US dollar, may not be a safe place for crypto investors to park their capital. Earlier this...
2022 Food & Health Survey Reveals Two Key Learnings
The International Food Information Council, released last week it’s 2022 Food & Health Survey of just over 1000 Americans aged 18 to 80. This report has long been a go to for our grocery industry ...
EU Struggling To Agree On Full Russian Oil Ban—Here’s Why
Topline Talks to impose a sweeping ban on Russian oil imports to the European Union have appeared to falter, with the bloc still discussing carve-outs that could effectively exempt countries like Hung...
Brandon Aiyuk Could Be Poised For Year 3 Breakout
INGLEWOOD, CA – JANUARY 9: Brandon Aiyuk #11 of the San Francisco 49ers runs after making a catch … [+] during the game against the Los Angeles Rams at SoFi Stadium on January 9, 2022 in I...
China will gift digital yuan to its citizens to boost the economy after the lockdown
In contrast to many other nations, China has adhered strictly to a zero-COVID policy, resulting in the repeated shutdown and closure of non-essential enterprises in key financial centres such as Shang...
EUR/USD Price Forecast – Euro Continues to Threaten Resistance
Euro vs US Dollar Technical Analysis The Euro has rallied a bit during the trading session on Monday, reaching toward the 1.08 level, an area that has been important multiple times. At this point, I w...
MoneyGram and Stellar will collaborate to offer stablecoin remittance
In a recent development, the popular money transfer service provider, MoneyGram has revealed its plans of enabling users to send stablecoins. These users will also be able to convert these stablecoins...
Korean prosecutors summon all Terraform Labs employees: JTBC
Prosecutors in South Korea have summoned all employees of Terraform Labs to investigate the collapse of TerraUSD, the stablecoin known by its UST ticker, according to a report from local television ne...
Braves Promote Blue-Chip Rookie Michael Harris II Ahead Of Schedule
Braves rookie outfielder Michael Harris II gets his first hit in his first game, slapping a single … [+] against Miami Marlins pitcher Sandy Alcantara in Atlanta’s Truist Park on May 28. (...
Bill Ackman wants the Fed to hurry up: is he right?
Bill Ackman, the founder of Pershing Square Capital Management is a well-known voice in the financial markets. In his recent tweets, Ackman took aim at Jerome Powell and the Federal Reserve for not ac...
Nvidia’s ‘transformation’ is ‘underappreciated,’ BofA analysts say
Chip designer NVIDIA (NVDA) Corp. disappointed on guidance in their latest earnings report, but there was a lot in the update that Bank of America (BofA) analysts liked. “Our positive view on Nv...
Shake, Rattle And Roll: Elvis Presley Revives In The Virtual World, Gives A Boost To The Sandbox
The well liked metaverse game, The Sandbox declared a collaboration with Elvis On-Chain on 26th May. Elvis Genesis Key NFTs will be minted to commemorate the legend’s birthday as the all access pass t...
Cleveland Guardians’ Triston McKenzie’s Margin For Error Is Thinner Than He Is
Cleveland Guardians pitcher Triston McKenzie has allowed just 5.47 hits per nine innings, the best … [+] in the American League. (AP Photo) ASSOCIATED PRESS The best pitcher on the Cleveland Gua...
Proofi by LTO Network taps into Chainlink to provide KYC/AML data to DeFi
Proofi, a cross-chain identity solution provider developed by Dutch blockchain LTO Network, has announced integration with leading blockchain data provider Chainlink. The integration means the DeFi ec...
More Drivers Accept Monitoring, To Get Safe-Driver Discounts On Auto Insurance
A TransUnion survey suggests drivers looking for a safe-driver discount are more receptive to driver … [+] monitoring, for risky driving habits. AFP via Getty Images Inflation is driving custome...
WAVES token has jumped by over 43% after the Waves team announced a ‘Revival plan’
After plunging for two consecutive months following the ongoing recession and recent stablecoin debacle started by the TerraUSD (UST) meltdown that has taken the entire crypto market down with it, the...
EU Leaders Aim to Break Impasse Over Oil Ban With Unity at Stake
(Bloomberg) — European Union leaders intend to give their political backing to a ban on Russian oil, paving the way for a possible agreement next month on a sixth package of sanctions targeting ...
The Boston Red Sox Face Tough Decisions As Summer Rolls In
BOSTON, MA – SEPTEMBER 04: Rafael Devers #11 of the Boston Red Sox reacts after he hit a three-run … [+] home against the Cleveland Indians in the seventh inning at Fenway Park on Septembe...
Mexico Fuel Subsidy Is Now Costing More Than Oil Export Profits
(Bloomberg) — Mexico’s gasoline and diesel subsidies are now costing the government more than double the extra profit the oil producer gets from higher crude prices, according to estimates by Bl...
Nvidia Revives After 7 Months As Cathie Woods Acquires $44 Million Of Its Stocks
Ark Invest’s Cathie Woods, a well-liked stock picker made a massive investment in Nvidia Inc. The quarterly revenue of Nvidia’s data center crossed that of its gaming business for the initial time in ...
Why Lessons From Houston Matter
Ramanan Krishnamoorti, UH Chief Energy Officer and Aparajita Datta, UH Energy Research Scholar HOUSTON, TEXAS – NOVEMBER 12: The Buffalo Bayou, a constant source of flooding, winds through the &...
British Pound Risks Crisis Usually Seen in Emerging Markets, BofA Warns
(Bloomberg) — Most Read from Bloomberg Investors should hedge for an “existential” sterling crisis as the British currency faces struggles usually seen in emerging markets, according to Bank of ...