Bitcoin Could Correct To $56K If It Breaches This Support Level, Warns Analyst: ‘First Sign Of A Rebound Will Be…’
Cryptocurrency analyst Ali Martinez has issued a warning about the critical $61,000 level for Bitcoin (CRYPTO: BTC).
Russian Online Influence Resurgence Poses Threat To US Election — Star Blizzard Hacking Activity Escalates, Warns Microsoft
Microsoft researchers have observed several Russian online campaigns targeting U.S. audiences, particularly focusing on criticizing American support for Ukraine in its conflict with Russia. The Russian embassy in Washington has yet to respond to these allegations.
Google Reportedly Fires 28 Staff Members Over Israel Cloud Contract Protests: ‘Majority Of Our Employees Do The Right Thing’
The employees were fired after participating in sit-in protests at Google's New York and California offices. The protests were against Google's involvement in Project Nimbus, a $1.2 billion Israeli government cloud contract that also includes Amazon.com.
Biden’s 25% China Tariff; Royal Gold Issues 2024 Guidance; Vale Reports Q1 Production And More: Wednesday’s Top Mining Stories
President Biden announces new tariffs on Chinese steel and aluminum imports to protect American manufacturing jobs, while Compania de Minas Buenaventura meets production targets and Vale reports increased iron ore and copper output.
Nio, XPeng, Baidu Are Trading Near 52-Week Lows: Which Chinese Stock Has More Upside?
Investors eye opportunities as top Chinese stocks hit 52-week lows. NIO, XPeng, and Baidu show potential upside of 311.70%, 215.78%, and 66.17%, respectively
Alcoa Stock Climbs On Q1 Results: Here’s Why
Alcoa reported quarterly losses of 81 cents per share. Quarterly revenue came in at $2.6 billion, beating the $2.56 billion analyst consensus estimate.
Las Vegas Sands Reports Better-Than-Expected Q1 Results
The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represents a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year.
Crude Oil Dips 3%; U.S. Bancorp Profit Tops Views
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Wednesday.
The Dow traded up 0.04% to 37,813.77 while the NASDAQ fell 0.78% to 15,742.21. The S&P 500 also fell, dropping, 0.34% to 5,034.17.
Taiwan Semiconductor Q1 Earnings Preview: Earthquake Impact, New Plants, ‘Pick-And-Shovel’ Play For AI Puts Stock In Spotlight
An earthquake that happened in Taiwan in April and new plants announced by the semiconductor company could be key items in the Q1 report from Taiwan Semiconductor.
Stocks Fall As Geopolitics, Economic Worries Spook Investors, Chipmakers Sell Off, Bitcoin Tumbles To $60,000: What’s Driving Markets Wednesday?
A sentiment of risk aversion looms over the markets during Wednesday’s trading session, triggering midday losses across the board in stocks and cryptocurrencies and prompting a flight towards bonds, as investor confidence remains dampened by geopolitical and economic risks.