The energy sector is on track to enjoy a unanimous rally Tuesday, as the European Union’s ban on Russian oil has sent crude oil futures surging. The SPDR Energy Select Sector ETF XLE, +1.00% ral...
Tag: Record
High Eurozone inflation hits record 8.1% rocking bank shares
Since the war in Ukraine started, the Economic Sentiment Index (ESI) has been much weaker than before. Historically it is at quite a strong level but is not tied to an economic recession, currently ho...
Record Trade At 19 Of Top 20 U.S. Ports, Inflation, Consumer Debt
The top 20 “ports” accounted for just under two-thirds of all U.S. trade, according to the latest … [+] data. Nineteen of the top 20 registered a record total. ustradenumbers.com Nin...
This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022
Suze Orman: This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022 Whether hot inflation persists o...
Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May
Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Stocks correlation...
Taiwan Covid Deaths Hit Daily Record 127, GDP Growth Slowing
Shoppers wearing protective masks walk through a market in Taipei on May 23. Photographer: I-Hwa … [+] Cheng/Bloomberg © 2022 Bloomberg Finance LP Taiwan, home to many of the world’s largest tec...
Alfa Romeo is on the verge to set a new NFT record
Alfa Romeo’s 2022 in the Formula One championship is still going strong. Double good news- Valtteri Bottas is spearheading the Swiss team’s incredible season, having won points in al...
Coinbase Heads Cash-In $1.2 Bln While Shares Hit Record Lows
Coinbase recently become the first cryptocurrency company to enter the tally of Fortune 500. The company posted revenue of more than $7.8 billion for the financial year 2021. Coinbase stood at the 437...
Solana, Avalanche and ApeCoin Record Losses Amid Fresh Market Declines
Tomiwabold Olajide Solana and Avalanche, dubbed “Ethereum killers” by some, have experienced enormous losses According to data from CoinMarketCap, the cryptomarket sell-off accelerated ear...
Do GM Wagmi (GM), Parody Coin (PARO) And Vita Inu (VINU) Have What It Takes To Become A Record Breaking Meme Coin?
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Russia Sends Record Volumes Of Oil To India, China
While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and China have stepped up purchases and are importing record volumes of Russian crude, ac...
Alibaba Shares Jump As Chinese E-Commerce Giant Posts Record Transactions
Signage displayed at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, Photographer: … [+] Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Alibaba’s stock jumped in Hong Kong afte...
BitMEX’s Daily Spot Exchange Trade Volume Hits $24m Record High
Less than 10 days after launching the spot trading option, crypto exchange platform BitMEX reached a new milestone by hitting a daily trade volume of $24 million recently. According to Alexander Hopt...
Alibaba, Tencent and JD.com post slowest revenue growth on record
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year...
A16z Crypto’s Record New $4.5 Billion Fund Doubles Down On Web3 Amid Market Crash
Midas List No. 1 Chris Dixon and co. have a record-sized crypto fund to deploy in another reset of valuations and coin prices that hasn’t come without a human cost. Ethan Pines/The Forbes Collec...
Harry Styles’ New Album ‘Harry’s House’ Breaks A Vinyl Sales Record
Topline Harry Styles’ newly released album Harry’s House broke the record for the biggest vinyl sales week in the U.S. since 1991 after just three days, Billboard reported Tuesday—though that record c...
Guggenheim’s Minerd Says Bitcoin Will Drop to $8K. We Checked His Record
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Scott Minerd, the chief investment officer of Gu...
Micron CEO: ‘FY 22 will be a record revenue year for Micron’
Micron Technology Inc (NASDAQ: MU) has taken a 30% hit to its stock price this year but CEO Sanjay Mehrotra says the long-term fundamentals of the company remain strong. CEO’s remarks on CNBC Me...
Why gas prices keep hitting record highs — and what to expect for Memorial Day road trips
Why gas prices keep hitting record highs — and what to expect for Memorial Day road trips U.S. gas prices keep breaking records, and there’s reason to believe pain at the pump will be an unpleasant re...
After Record Inflows, Broader Weakness Leads to Outflows of $141 Million
Digital asset investment products for the week ended May 20 recorded outflows of $141 million amid broader market weakness. Coinshares’ report highlighted that the total assets under management (AuM) ...
Ethereum Name Service Registrations Surge to Record Highs This Month
The Ethereum Name Service (ENS) is having a record-breaking month, thanks to new registrations, renewals, bumper revenues, and lower gas fees. Lead developer Nick Johnson tweeted that new registration...
Bitcoin on Track to Record 8 Straight Weeks of Losses
Alex Dovbnya Bitcoin is poised to record its longest bearish streak in history as it keeps trading below $30,000 Bitcoin, the world’s leading cryptocurrency, is on track to record eight consecutive we...
Record Food Costs Throw Spotlight on How China Will Feed Itself
(Bloomberg) — China has been long obsessed with finding ways to ensure there is enough food for its population, and with good reason. Most Read from Bloomberg With almost a fifth of the world’s ...
‘Doctor Strange 2’ Tops $800 Million As ‘Everything, Everywhere’ Breaks New A24 Record
(L-R): Xochitl Gomez as America Chavez, Benedict Wong as Wong, and Benedict Cumberbatch as Dr. Stephen Strange in Marvel Studios’ DOCTOR STRANGE IN THE MULTIVERSE OF MADNESS. Photo courtesy of M...
What made the revenue stream, Ethereum Name Service, to hit a record high this month?
The massive spike for such a protocol to hit a record of revenue generation of $1 million in a single day Initially the nascent projects need to create their own utilities and niches to establish them...
Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Waiting for Bitcoin to...
Did Ethereum Name Service [ENS] revenue stream hit a record high in May
Non-mainstream projects, more often than not, take their own time to create a niche and establish themselves. Then, it just becomes a matter of time for their name and fame to heighten. Ethereum Name ...
Record Inflation Rates Spread Worldwide, Could Crypto Ease Some of the Pain? (Op-ed)
The condition of the global economy seems to be in a state of knockdown. The years of financial boom after the crisis in 2008 ended with the outbreak of the COVID-19 pandemic at the beginning of 2020....
Shib Record Burning Brought No Results: Price Drops 7% More
Despite record burnings reported by Shibburn, the price of one of the most hyped cryptocurrencies dropped 7% more in 24 hours, quoting below the $0.0000115 level. Following this negative trend, the to...
Oceans reached record heat, acidity in 2021: UN report
A diver inspects transplanted coral near Dibba Port in Fujairah, United Arab Emirates, June 15, 2020. Christopher Pike | Reuters Oceans reached their hottest and most acidic levels on record last year...