On Tuesday, cattle futures prices plunged amid news from Canada that lab results confirmed one of its cows had died from Anthrax. Live cattle futures for October delivery closed 1.14% lower at S184.85 per pound on September 26. At the same time, feeder cattle October futures ended the session at $253.82 per pound after a …
Cattle Futures Plummet as Anthrax Case Confirmed in Canada Read More »
On Tuesday, Apple released its iPhone 15 Pro with a new titanium shell, a faster-performing chip, and better video game-playing features. Its biggest surprise for iPhone fans is the price, which did not increase. It reflected the worldwide smartphone flop. Moreover, the Apple event at Cupertino, California, headquarters was driven by economic uncertainty, mainly in …
Mortgage rates have surged past the 7% mark, reaching their highest point in over two decades, dealing a blow to potential homebuyers and further complicating the housing market landscape. The average rate on the widely used 30-year fixed mortgage reached 7.09% this week, up from 6.96% the previous week, according to data from Freddie Mac …
Mortgage Rates Surpass 7%, Hitting a 21-Year High and Dampening Homebuyer Demand Read More »
US stocks faced another day of decline on Thursday, marking the third consecutive session of losses as August shapes up to be a challenging month for Wall Street. The Dow Jones Industrial Average (^DJI) took a hit of about 0.8%, echoing the sentiment in the broader S&P 500 (^GSPC) index, which also experienced a similar …
Bitcoin BTCUSD –3.99% and the broader cryptocurrency market are experiencing a significant selloff, raising concerns and speculations about the cause behind this abrupt downturn. As Bitcoin and other digital assets plummet through crucial support levels, one name is repeatedly surfacing as a potential catalyst for this downturn—Elon Musk. Over the past 24 hours, the …
Bitcoin’s Plunge Continues: Is Elon Musk to Blame for a Possible 25% Further Drop? Read More »
On Wednesday, Meta Platforms announced its second-quarter financial results, which were above analysts’ estimates. Its stock price went up by 1.39% to $298.57 per share on July 26. Likewise, it is expected to rise by 6.89% to $319.15 apiece in the upcoming session. The company’s earnings per share climbed to $2.98, beating the experts’ $2.91 …
Meta Reported Better Q2 Financial Results, Shares Rose Read More »
On Sunday, Chevron Corporation announced its second-quarter financial results that topped estimates but were lower than the previous data. Its stock price went up by 1.46% to $158.69 per share on Friday. However, it is expected to decline by -0.13% to $158.49 apiece in the upcoming session. The company’s earnings per share fell to $3.08, …
Chevron Reports Q2 Financial Data, Beating Estimates Read More »
Moneta Markets, a brokerage firm dealing with multiple assets, has achieved a significant milestone in its global expansion strategy by acquiring a Mainland Company License in Dubai. This strategic step empowers the company to reinforce its market presence in the Middle East. The firm is set to commence the next phase of its international growth …
Moneta Markets Secures Dubai License, Expands Reach Read More »
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