US Stocks Close Mixed as Treasury Yields Surge: Market Update
US stocks concluded the first trading day of the week with a mixed performance, influenced by a surge in US treasury yields. The S&P 500
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Oil Prices Surge Amidst Stronger Demand Signals and Middle East Tensions
Oil prices experienced a significant surge fueled by indicators of stronger-than-expected demand and escalating tensions in the Middle East. West Texas Intermediate (WTI) crude oil
BlackBerry Witnesses Decline in Short Interest Amidst Insider Trading and Analyst Evaluation
BlackBerry Limited (NYSE:BB) experienced a notable decline in short interest during the month of March. As of March 15th, the total short interest amounted to
Agreement Reached: Advent International Acquires Nuvei Corp
Advent International has finalized an agreement to acquire Nuvei Corp, the Canadian payments processor, for a sum of $6.3 billion, inclusive of debt. This acquisition
Tether Expands Bitcoin Holdings with $600 Million Purchase
Stablecoin issuer Tether has made significant strides in bolstering its Bitcoin holdings, acquiring 8,888 BTC worth approximately $600 million. This latest purchase, although not officially
Nio Inc’s Deliveries Surge in March Following Chinese New Year Lull
Following a temporary slowdown during the Chinese New Year holiday, Nio (NYSE: NIO) experienced a robust rebound in deliveries in March, signaling renewed momentum in
US Manufacturing Sector Hits Strongest Stride Since 2022
The US manufacturing sector has showcased its robustness in the latest reports, marking its most impressive performance since 2022. Two key indicators released on Monday
Rumble Inc’s 2023 Full Year Revenue Soars Amidst Net Losses
Rumble Inc, the video-sharing platform, unveiled its 8-K filing on March 27, 2024, showcasing a notable increase in full-year revenue for 2023. However, accompanying the
Gold Retreats from Record Highs on Reevaluation of Fed’s Plans
The gold market experienced volatility as the precious metal surged to unprecedented heights, only to experience retreats from record highs, propelled by a flurry of
US Stocks Open Mixed to Start Q2
US stocks opened the second quarter (Q2) of 2024 with a mixed tone on Monday, as investors parsed through indicators hinting at potential shifts in
