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Dow futures flat, Zoom dips 17.1% after earnings

U.S. stock futures were trading within a tight range during Monday's evening deals after major benchmark averages posted moderate gains as investors look toward...

Major energy companies relied on petrochemicals to drive growth, did the strategy fail?

Two days ago, major energy companies Exxonmobil and Chevron reported their quarterly results for the second quarter of 2023, showing a steep decline in...

Musk draws heat from San Francisco over giant X logo

A giant, glowing X marks the San Francisco spot where Elon Musk says he plans to keep his company, the messaging platform X, formerly...

Ethereum is about to get crushed by liquid staking tokens

Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether (ETH). The LST market is already worth approximately...

Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday,...

Dow futures steady after snapping rally, Intel lifts 8.4% after earnings

U.S. stock futures were trading x during Thursday's evening trade, following a negative session among major benchmark averages, with market participants monitoring better than...

China Evergrande’s EV unit shares plunge 69% after 16-month halt

HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after the stock...

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...

Blackstone hits $1 trillion in AUM

Blackstone (NYSE:BX) shares dipped in the early part of Thursday's session after it reported earnings in line with analyst consensus expectations. The alternative investment management...

Daily Global Foreign Exchange Market News Express (July 12)

1. The New Zealand Federal Reserve suspended interest rate hikes, in line with market expectations, and kept interest rates at 5.50%, the highest level...

Invesco: More and more countries are repatriating gold after Western sanctions on Russia

According to foreign media news, according to a survey of central banks and sovereign wealth funds released by Invesco on Monday, more and more...

Macro data review last Friday (July 10)

Asia Pacific 1. The People's Bank of China: China's foreign exchange reserves at the end of June reported US$3.193 billion, an increase of US$16.492 billion...

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