Gold futures was below 0.26% to $1,938.75 by 10:39 PM ET (3:39 AM GMT). In February, the yellow metal increased approximately 6.5%, hitting an 18-month high of $1,973.96 last week. The dollar, which typically moves inversely to gold, rose 0.04%. Investors are herding to safe-haven assets as Russia’s invasion of Ukraine boosts. Russia warned Kyiv …
Apple Inc. announced on late Tuesday that it halted product sales in Russia as Western businesses increasingly cut ties with the country. Accordingly, iPhone and other products on the online Russian storefront are now unavailable for purchase or delivery. The company does not operate any physical Apple stores in the country. Consequently, Apple Inc. outlined …
Shares of Nordstrom Inc. skyrocketed 34.80% on Tuesday’s post-trading after the company offered an optimistic outlook for the entire year. Accordingly, the American luxury department store added 6.80 points to $26.34 per share. It significantly bounced up from its plunge of 5.79% or 1.20 points to $19.54 per share in the regular hours market. In …
Nordstrom stocks surge 34.80% on strong guidance Read More »
On Monday, the annual Mobile World Congress (MWC) canceled the Russian pavilion amid the deepening Ukraine crisis. The largest trade show for mobile technology started on February 28 and will end by March 03. Consequently, the awaited event placed an icy reception to Russia. GSM Association, the industry body that runs Mobile World Congress, released …
Shares of Zoom Video Communications slipped on Monday’s after-hours market after it issued weaker-than-expected fiscal first-quarter revenue guidance. The software company edged down 5.81% or 7.28 points to $132.60 per share. It pared its gain of 5.81% or 7.28 points to $132.60 per share during regular trading. The downturn sent the firm to a drop …
On Monday, the Russian ruble dropped almost 30% against the U.S. dollar, dropping to as low as 119 versus the dollar, as stated by Reuters. The plunge arrived behind the European Commission said on Saturday that Western partners would slap restrictive measures on the Russian Central Bank’s international reserves worth $630 billion. Western countries have …
Bitcoin (BTC) begins a new week in the shadow of a new geopolitical conflict. What are the main hindrances investors face? In what has evolved an unrecognizable macro-environment approximated to even days ago, Bitcoin is feeling the stress like many other assets. The situation in Ukraine is wreaking havoc on global markets, and developments can …
US big tech companies are now standing against Russia on censorship amid the escalating Ukraine crisis. Moscow now ramped up its efforts to control the narrative in news media and on tech platforms. On Thursday, executive agency Roskomnadzor said that media outlets must check the integrity of their reports about the geopolitical crisis. The communications …
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